Hindprakash Industries�Ltd (NSE:HPIL) Equity-to-Asset : 0.54 (As of Sep. 2023)

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What is Hindprakash Industries�Ltd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hindprakash Industries�Ltd's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹431 Mil. Hindprakash Industries�Ltd's Total Assets for the quarter that ended in Sep. 2023 was ₹797 Mil. Therefore, Hindprakash Industries�Ltd's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.54.

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

NSE:HPIL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41 Med: 0.54 Max: 0.69
Current: 0.54

During the past 7 years, the highest Equity to Asset Ratio of Hindprakash Industries�Ltd was 0.69. The lowest was 0.41. And the median was 0.54.

NSE:HPIL's Equity-to-Asset is ranked worse than
56.1% of 1574 companies
in the Chemicals industry
Industry Median: 0.59 vs NSE:HPIL: 0.54

Hindprakash Industries�Ltd Equity-to-Asset Historical Data

The historical data trend for Hindprakash Industries�Ltd'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.

Hindprakash Industries�Ltd Equity-to-Asset Chart

Hindprakash Industries�Ltd Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.41

0.61

0.65

0.69

0.53

Hindprakash Industries�Ltd Semi-Annual Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial							0.63	0.69	0.56	0.53	0.54

Competitive Comparison of Hindprakash Industries�Ltd's Equity-to-Asset

For the Specialty Chemicals subindustry, Hindprakash Industries�Ltd'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.

Hindprakash Industries�Ltd's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hindprakash Industries�Ltd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hindprakash Industries�Ltd's Equity-to-Asset falls into.

Hindprakash Industries�Ltd 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.

Hindprakash Industries�Ltd'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
	=	426.143	/	799.556
	=	0.53

Hindprakash Industries�Ltd'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
	=	430.894	/	796.726
	=	0.54

Hindprakash Industries�Ltd (NSE:HPIL) 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%.

Hindprakash Industries�Ltd Equity-to-Asset Related Terms

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Hindprakash Industries�Ltd (NSE:HPIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hindprakash Industries�Ltd (NSE:HPIL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

543645:India

Address

301 Hindprakash House Plot No. 10/6, Phase-I, GIDC, Vatva, Ahmedabad, GJ, IND, 382 445

Website

https://www.hindprakash.in

Hindprakash Industries Ltd is an Indian company engaged in manufacturing, dealing, and trading of dyes, intermediates, auxiliary, chemicals, and other merchandise. The company's products include Dyestuff, Dyes intermediates, Textile chemicals and aux, and Water treatments. It earns revenues from the manufacturing of dyes.