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Mahickra Chemicals (NSE:MAHICKRA) Liabilities-to-Assets : 0.50 (As of Sep. 2023)


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What is Mahickra Chemicals Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Mahickra Chemicals's Total Liabilities for the quarter that ended in Sep. 2023 was ₹332.7 Mil. Mahickra Chemicals's Total Assets for the quarter that ended in Sep. 2023 was ₹662.6 Mil. Therefore, Mahickra Chemicals's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.50.


Mahickra Chemicals Liabilities-to-Assets Historical Data

The historical data trend for Mahickra Chemicals's Liabilities-to-Assets 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.

Mahickra Chemicals Liabilities-to-Assets Chart

Mahickra Chemicals Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.52 0.53 0.54 0.50

Mahickra Chemicals Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Liabilities-to-Assets 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 0.52 0.54 0.53 0.50 0.50

Competitive Comparison of Mahickra Chemicals's Liabilities-to-Assets

For the Specialty Chemicals subindustry, Mahickra Chemicals's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Mahickra Chemicals's Liabilities-to-Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mahickra Chemicals's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Mahickra Chemicals's Liabilities-to-Assets falls into.



Mahickra Chemicals Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Mahickra Chemicals's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=321.017/645.981
=0.50

Mahickra Chemicals's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=332.748/662.576
=0.50

* 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.


Mahickra Chemicals  (NSE:MAHICKRA) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Mahickra Chemicals Liabilities-to-Assets Related Terms

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Mahickra Chemicals (NSE:MAHICKRA) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 1201-1202, Phase-3, G.I.D.C Estate, Vatva, Ahmedabad, GJ, IND, 382445
Mahickra Chemicals Ltd is an India based company engaged in the business of manufacturing of dyes and chemicals. It also exports dyes and chemical products. The product portfolio of the company includes Reactive dyes, Acid dyes, Direct dyes, Pigment powder and emulsion, Specialty chemicals and Synthetic food colors.

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