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Titaanium Ten Enterprise (BOM:539985) Equity-to-Asset : 0.29 (As of Sep. 2023)


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What is Titaanium Ten Enterprise Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Titaanium Ten Enterprise's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹166 Mil. Titaanium Ten Enterprise's Total Assets for the quarter that ended in Sep. 2023 was ₹584 Mil. Therefore, Titaanium Ten Enterprise's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.29.

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

BOM:539985' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.22   Max: 0.29
Current: 0.29

During the past 13 years, the highest Equity to Asset Ratio of Titaanium Ten Enterprise was 0.29. The lowest was 0.09. And the median was 0.22.

BOM:539985's Equity-to-Asset is ranked worse than
80.11% of 1086 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs BOM:539985: 0.29

Titaanium Ten Enterprise Equity-to-Asset Historical Data

The historical data trend for Titaanium Ten Enterprise'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.

Titaanium Ten Enterprise Equity-to-Asset Chart

Titaanium Ten Enterprise 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 0.18 0.25 0.20 0.25 0.25

Titaanium Ten Enterprise Semi-Annual Data
Mar13 Mar14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.26 0.25 0.19 0.25 0.29

Competitive Comparison of Titaanium Ten Enterprise's Equity-to-Asset

For the Textile Manufacturing subindustry, Titaanium Ten Enterprise'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.


Titaanium Ten Enterprise's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Titaanium Ten Enterprise's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Titaanium Ten Enterprise's Equity-to-Asset falls into.



Titaanium Ten Enterprise 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.

Titaanium Ten Enterprise'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
=159.941/648.313
=0.25

Titaanium Ten Enterprise'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
=166.355/584.032
=0.28

* 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.


Titaanium Ten Enterprise  (BOM:539985) 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%.


Titaanium Ten Enterprise Equity-to-Asset Related Terms

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


Titaanium Ten Enterprise (BOM:539985) Business Description

Traded in Other Exchanges
N/A
Address
Ring Road, Shop No. 901/914, 9th Floor, Rajhans Complex, Beside Nirmal Children Hospital, Surat, GJ, IND, 395002
Titaanium Ten Enterprise Ltd operates in the textile industry. The company is mainly engaged in the trading of yarn, grey cloth, and knitted fabrics as well as manufacturing of knitted fabrics. It operates through Textile and Logistic segments. The firm generates majority revenue from the Textile segment.

Titaanium Ten Enterprise (BOM:539985) Headlines

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