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Blue Chip Tex Industries (BOM:506981) Equity-to-Asset : 0.00 (As of Dec. 2023)


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What is Blue Chip Tex Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Blue Chip Tex Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil. Blue Chip Tex Industries's Total Assets for the quarter that ended in Dec. 2023 was ₹0 Mil.

The historical rank and industry rank for Blue Chip Tex Industries's Equity-to-Asset or its related term are showing as below:

BOM:506981' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2   Med: 0.32   Max: 0.63
Current: 0.63

During the past 13 years, the highest Equity to Asset Ratio of Blue Chip Tex Industries was 0.63. The lowest was 0.20. And the median was 0.32.

BOM:506981's Equity-to-Asset is ranked better than
65.53% of 1085 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs BOM:506981: 0.63

Blue Chip Tex Industries Equity-to-Asset Historical Data

The historical data trend for Blue Chip Tex Industries'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.

Blue Chip Tex Industries Equity-to-Asset Chart

Blue Chip Tex Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.44 0.44 0.56 0.58

Blue Chip Tex Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.58 - 0.63 -

Competitive Comparison of Blue Chip Tex Industries's Equity-to-Asset

For the Textile Manufacturing subindustry, Blue Chip Tex Industries'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.


Blue Chip Tex Industries's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Blue Chip Tex Industries's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Blue Chip Tex Industries's Equity-to-Asset falls into.



Blue Chip Tex Industries 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.

Blue Chip Tex Industries'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
=277.316/477.775
=0.58

Blue Chip Tex Industries's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=0/0
=

* 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.


Blue Chip Tex Industries  (BOM:506981) 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%.


Blue Chip Tex Industries Equity-to-Asset Related Terms

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


Blue Chip Tex Industries (BOM:506981) Business Description

Traded in Other Exchanges
N/A
Address
Jamnalal Bajaj Road, Office no. 15,16 and 17, Maker Chambers-III, 1st Floor, Nariman Point, Mumbai, MH, IND, 400021
Blue Chip Tex Industries Ltd is an India based company engaged in the business of Polyester Texturised. It is a manufacturer of synthetic or artificial filament yarn, tenacity yarn including high tenacity yarn. The company's main business segment is manufacturing of polyester texturised yarn and sale in the domestic market.

Blue Chip Tex Industries (BOM:506981) Headlines

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