Srivasavi Adhesive Tapes (NSE:SRIVASAVI) Equity-to-Asset : 0.68 (As of Sep. 2023)

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What is Srivasavi Adhesive Tapes Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Srivasavi Adhesive Tapes's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹314.7 Mil. Srivasavi Adhesive Tapes's Total Assets for the quarter that ended in Sep. 2023 was ₹463.5 Mil. Therefore, Srivasavi Adhesive Tapes's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.68.

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

NSE:SRIVASAVI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24 Med: 0.4 Max: 0.7
Current: 0.68

During the past 4 years, the highest Equity to Asset Ratio of Srivasavi Adhesive Tapes was 0.70. The lowest was 0.24. And the median was 0.40.

NSE:SRIVASAVI's Equity-to-Asset is ranked better than
65.37% of 1571 companies
in the Chemicals industry
Industry Median: 0.59 vs NSE:SRIVASAVI: 0.68

Srivasavi Adhesive Tapes Equity-to-Asset Historical Data

The historical data trend for Srivasavi Adhesive Tapes'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.

Srivasavi Adhesive Tapes Equity-to-Asset Chart

Srivasavi Adhesive Tapes Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

0.24

0.30

0.40

0.70

Srivasavi Adhesive Tapes Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial			0.30	0.40	0.40	0.70	0.68

Competitive Comparison of Srivasavi Adhesive Tapes's Equity-to-Asset

For the Specialty Chemicals subindustry, Srivasavi Adhesive Tapes'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.

Srivasavi Adhesive Tapes's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Srivasavi Adhesive Tapes's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Srivasavi Adhesive Tapes's Equity-to-Asset falls into.

Srivasavi Adhesive Tapes 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.

Srivasavi Adhesive Tapes'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
	=	287.4	/	412.9
	=	0.70

Srivasavi Adhesive Tapes'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
	=	314.682	/	463.505
	=	0.68

Srivasavi Adhesive Tapes (NSE:SRIVASAVI) 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%.

Srivasavi Adhesive Tapes Equity-to-Asset Related Terms

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

Srivasavi Adhesive Tapes (NSE:SRIVASAVI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Srivasavi Adhesive Tapes Ltd (NSE:SRIVASAVI) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kodigehalli Main Road, Kodigehalli, 17/2, 2nd Floor, Above Sub Registrar Office, Near Chairman’s Club, Sahakarnagar, Sanjeevini Nagar, Bangalore, KA, IND, 560092

Website

https://www.vasavitapes.com

Srivasavi Adhesive Tapes Ltd is engaged in manufacturing, coating, converting and distribution of Adhesive tapes, Die cuts, Films, Foams and allied products. The company caters to various industries such as Automotive, Locomotives, Aerospace, Defence, Electrical & Electronics, Renewable Energy, Solar, Print & Paper, Food & Pharma, FMCG, White & Brown Goods, Furniture, Retail, Construction, Infrastructure, Sports & Fitness Equipment. The company has two business divisions Domestic Sales and Exports.

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