Global Pet Industries (NSE:GLOBALPET) Equity-to-Asset : 0.42 (As of Mar. 2022)

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What is Global Pet Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Global Pet Industries's Total Stockholders Equity for the quarter that ended in Mar. 2022 was ₹70.4 Mil. Global Pet Industries's Total Assets for the quarter that ended in Mar. 2022 was ₹167.9 Mil. Therefore, Global Pet Industries's Equity to Asset Ratio for the quarter that ended in Mar. 2022 was 0.42.

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

NSE:GLOBALPET's Equity-to-Asset is not ranked ^*
in the Industrial Products industry.
Industry Median: 0.56
* Ranked among companies with meaningful Equity-to-Asset only.

Global Pet Industries Equity-to-Asset Historical Data

The historical data trend for Global Pet Industries'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.

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Global Pet Industries Equity-to-Asset Chart

Global Pet Industries Annual Data

Trend

Mar20

Mar21

Mar22

Equity-to-Asset

0.42

0.37

0.42

Global Pet Industries Semi-Annual Data
	Mar20	Mar21	Mar22
Equity-to-Asset	0.42	0.37	0.42

Competitive Comparison of Global Pet Industries's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Global Pet Industries'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.

Global Pet Industries's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Global Pet Industries's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Global Pet Industries's Equity-to-Asset falls into.

Global Pet Industries 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.

Global Pet Industries's Equity to Asset Ratio for the fiscal year that ended in Mar. 2022 is calculated as

Equity to Asset (A: Mar. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	70.446	/	167.912
	=	0.42

Global Pet Industries's Equity to Asset Ratio for the quarter that ended in Mar. 2022 is calculated as

Equity to Asset (Q: Mar. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	70.446	/	167.912
	=	0.42

Global Pet Industries (NSE:GLOBALPET) 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%.

Global Pet Industries Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Global Pet Industries's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Global Pet Industries (NSE:GLOBALPET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Global Pet Industries Ltd (NSE:GLOBALPET) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit Nos. 8 to 15, 108 & 109, Karishma Industrial Estate, Survey No. 36, Hissa No. 5, Village Waliv, Dhumal Nagar, Near Rashmi Bungalow, Vasai East, Palghar, Vasai, MH, IND, 401208

Website

https://www.globalpetind.com

Global Pet Industries Ltd is engaged in manufacturing of PET Stretch Blow Moulding Machine which is used for manufacturing of machine which is suitable in the business segment of Pet stretch below moulding solutions from 50ml to 20 Litres of PET bottles such as fridge bottles, packaged drinking mineral water bottles, carbonated soft drinks bottles, hot fill juice bottles, edible oil bottles, liquid detergent bottles, cosmetic products bottles, confectionery jars, Pharma bottles, liquor & distilleries bottles, pesticides bottles, etc. Apart from manufacturing of PET Stretch Blow Moulding Machine, the company also provides after-sales services such as providing spares, components, accessories and providing repairs and maintenance of the machines after delivery.

Global Pet Industries (NSE:GLOBALPET) Headlines

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