GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Priti International Ltd (NSE:PRITI) » Definitions » Equity-to-Asset

Priti International (NSE:PRITI) Equity-to-Asset : 0.88 (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Priti International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Priti International's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹674.4 Mil. Priti International's Total Assets for the quarter that ended in Mar. 2024 was ₹763.4 Mil. Therefore, Priti International's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.88.

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

NSE:PRITI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29   Med: 0.78   Max: 0.88
Current: 0.88

During the past 12 years, the highest Equity to Asset Ratio of Priti International was 0.88. The lowest was 0.29. And the median was 0.78.

NSE:PRITI's Equity-to-Asset is ranked better than
95.06% of 425 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.56 vs NSE:PRITI: 0.88

Priti International Equity-to-Asset Historical Data

The historical data trend for Priti International'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.

Priti International Equity-to-Asset Chart

Priti International Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.80 0.77 0.83 0.88

Priti International Quarterly Data
Dec17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.83 - 0.77 - 0.88

Competitive Comparison of Priti International's Equity-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Priti International'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.


Priti International's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Priti International's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Priti International's Equity-to-Asset falls into.



Priti International 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.

Priti International's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=674.429/763.447
=0.88

Priti International's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=674.429/763.447
=0.88

* 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.


Priti International  (NSE:PRITI) 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%.


Priti International Equity-to-Asset Related Terms

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


Priti International (NSE:PRITI) Business Description

Traded in Other Exchanges
N/A
Address
1, Basement, Abhay Chambers Opposite SBI Bank, Jalori Gate, Jodhpur, RJ, IND, 342001
Priti International Ltd is engaged in the manufacturing and exporting of handicraft products. It offers a wide range of products including solid wood and metal furniture articles, home furnishing items, creative wooden and metal articles for various uses, textile-based products like cushions, pillow covers, rugs and carpets, handbags, travel bags and backpacks, and pet products. The company's operating segment includes Wooden and Iron Handicraft and Textile Handicraft. It generates maximum revenue from the Wooden and Iron Handicraft segment.

Priti International (NSE:PRITI) Headlines

No Headlines