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Commercial Syn Bags (BOM:539986) Equity-to-Asset : 0.47 (As of Mar. 2024)


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What is Commercial Syn Bags Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Commercial Syn Bags's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,287 Mil. Commercial Syn Bags's Total Assets for the quarter that ended in Mar. 2024 was ₹2,729 Mil. Therefore, Commercial Syn Bags's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.47.

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

BOM:539986' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33   Med: 0.43   Max: 0.53
Current: 0.47

During the past 13 years, the highest Equity to Asset Ratio of Commercial Syn Bags was 0.53. The lowest was 0.33. And the median was 0.43.

BOM:539986's Equity-to-Asset is ranked worse than
62.72% of 389 companies
in the Packaging & Containers industry
Industry Median: 0.56 vs BOM:539986: 0.47

Commercial Syn Bags Equity-to-Asset Historical Data

The historical data trend for Commercial Syn Bags'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.

Commercial Syn Bags Equity-to-Asset Chart

Commercial Syn Bags 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 0.49 0.40 0.48 0.53 0.47

Commercial Syn Bags 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 0.53 - 0.53 - 0.47

Competitive Comparison of Commercial Syn Bags's Equity-to-Asset

For the Packaging & Containers subindustry, Commercial Syn Bags'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.


Commercial Syn Bags's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Commercial Syn Bags's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Commercial Syn Bags's Equity-to-Asset falls into.



Commercial Syn Bags 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.

Commercial Syn Bags'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
=1287.361/2729.14
=0.47

Commercial Syn Bags'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
=1287.361/2729.14
=0.47

* 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.


Commercial Syn Bags  (BOM:539986) 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%.


Commercial Syn Bags Equity-to-Asset Related Terms

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


Commercial Syn Bags (BOM:539986) Business Description

Traded in Other Exchanges
Address
M.Y.H. Road, Commercial House, 3-4, Jaora Compound, Indore, MP, IND, 452001
Commercial Syn Bags Ltd is engaged in the business of manufacturing and sale of Flexible Intermediate Bulk Container (FIBC), High-Density Polyethylene (HDPE) and Polypropylene (PP) Woven Sacks, PP fabric, BOPP Bags, Container Bags, Pond Liners, Mulch Films, Tarpaulin, and Flexible Packaging. The company's operating segment includes Manufacturing and Trading. It generates maximum revenue from the Manufacturing segment. Geographically, it derives a majority of its revenue from Outside India.

Commercial Syn Bags (BOM:539986) Headlines

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