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Timken India (BOM:522113) Equity-to-Asset : 0.81 (As of Mar. 2024)


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What is Timken India Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Timken India's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹24,173 Mil. Timken India's Total Assets for the quarter that ended in Mar. 2024 was ₹29,876 Mil. Therefore, Timken India's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.81.

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

BOM:522113' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.7   Med: 0.76   Max: 0.81
Current: 0.81

During the past 13 years, the highest Equity to Asset Ratio of Timken India was 0.81. The lowest was 0.70. And the median was 0.76.

BOM:522113's Equity-to-Asset is ranked better than
88.38% of 3029 companies
in the Industrial Products industry
Industry Median: 0.56 vs BOM:522113: 0.81

Timken India Equity-to-Asset Historical Data

The historical data trend for Timken India'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.

Timken India Equity-to-Asset Chart

Timken India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.71 0.76 0.80 0.81

Timken India Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.80 - 0.82 - 0.81

Competitive Comparison of Timken India's Equity-to-Asset

For the Tools & Accessories subindustry, Timken India'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.


Timken India's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Timken India's Equity-to-Asset distribution charts can be found below:

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



Timken India 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.

Timken India's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=24172.64/29875.8
=0.81

Timken India's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=24172.64/29875.8
=0.81

* 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.


Timken India  (BOM:522113) 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%.


Timken India Equity-to-Asset Related Terms

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Timken India (BOM:522113) Business Description

Traded in Other Exchanges
Address
Phase II, Hosur Road, No. 39-42, Electronic City, Bangalore, KA, IND, 560 100
Timken India Ltd is an India-based company that manufactures, distributes, and services bearings and related components. The company also provides repair and maintenance services for industrial gearboxes. The company's products, which primarily comprise engineered bearings and mechanical power transmission products, are marketed under brand names including Timken, Philadelphia Gear, Carlisle, Drives, Lovejoy, R+L, and Interlube. The company's clients come from sectors including defense, mining, metals, and civil aerospace. Timken India generates the majority of its sales from the Indian domestic market.

Timken India (BOM:522113) Headlines

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