Vital Chemtech (NSE:VITAL) Equity-to-Asset : 0.67 (As of Sep. 2023)

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What is Vital Chemtech Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vital Chemtech's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹879 Mil. Vital Chemtech's Total Assets for the quarter that ended in Sep. 2023 was ₹1,307 Mil. Therefore, Vital Chemtech's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.67.

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

NSE:VITAL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13 Med: 0.2 Max: 0.67
Current: 0.67

During the past 4 years, the highest Equity to Asset Ratio of Vital Chemtech was 0.67. The lowest was 0.13. And the median was 0.20.

NSE:VITAL's Equity-to-Asset is ranked better than
63.22% of 1569 companies
in the Chemicals industry
Industry Median: 0.59 vs NSE:VITAL: 0.67

Vital Chemtech Equity-to-Asset Historical Data

The historical data trend for Vital Chemtech'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.

Vital Chemtech Equity-to-Asset Chart

Vital Chemtech Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

0.13

0.20

0.18

0.65

Vital Chemtech Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial			0.20	0.18	-	0.65	0.67

Competitive Comparison of Vital Chemtech's Equity-to-Asset

For the Specialty Chemicals subindustry, Vital Chemtech'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.

Vital Chemtech's Equity-to-Asset Distribution in the Chemicals Industry

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

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

Vital Chemtech 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.

Vital Chemtech'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
	=	896.099	/	1377.18
	=	0.65

Vital Chemtech'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
	=	878.869	/	1306.677
	=	0.67

Vital Chemtech (NSE:VITAL) 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%.

Vital Chemtech Equity-to-Asset Related Terms

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

Vital Chemtech (NSE:VITAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vital Chemtech Ltd (NSE:VITAL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

S. G. Highway, Opposite Karnavati Club, B-406, Mondeal Heights, Ahmedabad, GJ, IND, 380015

Website

https://www.vitalgroup.co.in

Vital Chemtech Ltd is engaged in the business of manufacturing, producing, refining, processing, formulating, mixing, enriching, mining, importing, exporting, acquiring, inventing, buying, selling, exchanging, distributing, and otherwise trading and dealing in all kinds of mixtures, formlations, intermediates, derivatives, compounds, phosphorous based chemicals, fine chemicals, heavy chemicals, valence, inorganic and organic chemicals, source materials, intermediates, ingredients, mixtures, derivatives and compounds. The company's Products include Phosphorus Derivatives, Industrial Chemicals, Specialty Chemicals & Intermediates, Organophosphates, Polymers & Dispersants, and Wellness Products.

Vital Chemtech (NSE:VITAL) Headlines

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