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D K Enterprises Global (NSE:DKEGL) Equity-to-Asset : 0.42 (As of Sep. 2023)


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What is D K Enterprises Global Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. D K Enterprises Global's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹228 Mil. D K Enterprises Global's Total Assets for the quarter that ended in Sep. 2023 was ₹545 Mil. Therefore, D K Enterprises Global's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.42.

The historical rank and industry rank for D K Enterprises Global's Equity-to-Asset or its related term are showing as below:

NSE:DKEGL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.43   Max: 0.45
Current: 0.42

During the past 4 years, the highest Equity to Asset Ratio of D K Enterprises Global was 0.45. The lowest was 0.17. And the median was 0.43.

NSE:DKEGL's Equity-to-Asset is ranked worse than
70.77% of 390 companies
in the Packaging & Containers industry
Industry Median: 0.55 vs NSE:DKEGL: 0.42

D K Enterprises Global Equity-to-Asset Historical Data

The historical data trend for D K Enterprises Global's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

D K Enterprises Global Equity-to-Asset Chart

D K Enterprises Global Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
0.17 0.29 0.44 0.45

D K Enterprises Global Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Equity-to-Asset Get a 7-Day Free Trial - 0.44 0.45 0.45 0.42

Competitive Comparison of D K Enterprises Global's Equity-to-Asset

For the Packaging & Containers subindustry, D K Enterprises Global's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


D K Enterprises Global's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, D K Enterprises Global's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where D K Enterprises Global's Equity-to-Asset falls into.



D K Enterprises Global Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

D K Enterprises Global's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=218.246/484.592
=0.45

D K Enterprises Global's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=228.251/545.205
=0.42

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


D K Enterprises Global  (NSE:DKEGL) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


D K Enterprises Global Equity-to-Asset Related Terms

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D K Enterprises Global (NSE:DKEGL) Business Description

Traded in Other Exchanges
N/A
Address
Plot Number - 235, Industrial Area Phase-2, Panchkula, HR, IND, 134109
D K Enterprises Global Ltd manufactures paper-based packaging materials, self-adhesive tapes, and laminated products. The company operates in the business segment of BOPP Tape & laminates and Corrugated boxes & sleeve rolls. The company generates revenue from the BOPP tape and Laminates segment.

D K Enterprises Global (NSE:DKEGL) Headlines

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