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Supershakti Metaliks (BOM:541701) Equity-to-Asset : 0.73 (As of Sep. 2023)


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What is Supershakti Metaliks Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Supershakti Metaliks's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹2,446 Mil. Supershakti Metaliks's Total Assets for the quarter that ended in Sep. 2023 was ₹3,331 Mil. Therefore, Supershakti Metaliks's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.73.

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

BOM:541701' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.73   Max: 0.96
Current: 0.73

During the past 10 years, the highest Equity to Asset Ratio of Supershakti Metaliks was 0.96. The lowest was 0.25. And the median was 0.73.

BOM:541701's Equity-to-Asset is ranked better than
79.3% of 633 companies
in the Steel industry
Industry Median: 0.53 vs BOM:541701: 0.73

Supershakti Metaliks Equity-to-Asset Historical Data

The historical data trend for Supershakti Metaliks'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.

Supershakti Metaliks Equity-to-Asset Chart

Supershakti Metaliks 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 0.75 0.73 0.75 0.71 0.78

Supershakti Metaliks Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 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 0.72 0.71 0.77 0.78 0.73

Competitive Comparison of Supershakti Metaliks's Equity-to-Asset

For the Steel subindustry, Supershakti Metaliks'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.


Supershakti Metaliks's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Supershakti Metaliks's Equity-to-Asset distribution charts can be found below:

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



Supershakti Metaliks 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.

Supershakti Metaliks'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
=2372.541/3055.065
=0.78

Supershakti Metaliks'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
=2445.787/3330.577
=0.73

* 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.


Supershakti Metaliks  (BOM:541701) 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%.


Supershakti Metaliks Equity-to-Asset Related Terms

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Supershakti Metaliks (BOM:541701) Business Description

Traded in Other Exchanges
N/A
Address
39 Shakespeare Sarani, Premlata Building, 3rd Floor, Kolkata, WB, IND, 700 017
Supershakti Metaliks Ltd is a steel products manufacturer. The company operates mainly in one business segment namely Iron and Steel Product. The company's products include Wire rods, HP wire, Binding wire, and Billet wire. The company sells its products in India and also exports it to other countries, of which prime revenue is generated from the sales made in India.

Supershakti Metaliks (BOM:541701) Headlines

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