Vibhor Steel Tubes (NSE:VSTL) Equity-to-Asset : 0.27 (As of Sep. 2023)

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What is Vibhor Steel Tubes Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vibhor Steel Tubes's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹1,018 Mil. Vibhor Steel Tubes's Total Assets for the quarter that ended in Sep. 2023 was ₹3,765 Mil.

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

NSE:VSTL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27 Med: 0.3 Max: 0.35
Current: 0.27

During the past 3 years, the highest Equity to Asset Ratio of Vibhor Steel Tubes was 0.35. The lowest was 0.27. And the median was 0.30.

NSE:VSTL's Equity-to-Asset is ranked worse than
86.26% of 633 companies
in the Steel industry
Industry Median: 0.53 vs NSE:VSTL: 0.27

Vibhor Steel Tubes Equity-to-Asset Historical Data

The historical data trend for Vibhor Steel Tubes'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.

Vibhor Steel Tubes Equity-to-Asset Chart

Vibhor Steel Tubes Annual Data

Trend

Mar21

Mar22

Mar23

Equity-to-Asset

0.35

0.29

0.32

Vibhor Steel Tubes Quarterly Data
	Mar21	Mar22	Mar23	Sep23
Equity-to-Asset	0.35	0.29	0.32	0.27

Competitive Comparison of Vibhor Steel Tubes's Equity-to-Asset

For the Steel subindustry, Vibhor Steel Tubes'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.

Vibhor Steel Tubes's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Vibhor Steel Tubes's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Vibhor Steel Tubes's Equity-to-Asset falls into.

Vibhor Steel Tubes 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.

Vibhor Steel Tubes'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
	=	931.979	/	2936.3
	=	0.32

Vibhor Steel Tubes'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
	=	1017.553	/	3764.843
	=

Vibhor Steel Tubes (NSE:VSTL) 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%.

Vibhor Steel Tubes Equity-to-Asset Related Terms

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

Vibhor Steel Tubes (NSE:VSTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Vibhor Steel Tubes Ltd (NSE:VSTL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

544124:India

Address

Website

Vibhor Steel Tubes Ltd is a manufacturers and exporters of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils. Steel pipes and tubes are used pipes for frames and shafts, steel pipes for bicycle frames, steel pipes for furniture, CDW pipes for shockers, steel pipes for various structural purposes, steel pipes for various engineering purposes etc.

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