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Amin Tannery (BOM:541771) Equity-to-Asset : 0.19 (As of Sep. 2023)


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What is Amin Tannery Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Amin Tannery's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹123.3 Mil. Amin Tannery's Total Assets for the quarter that ended in Sep. 2023 was ₹639.6 Mil. Therefore, Amin Tannery's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.19.

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

BOM:541771' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.21   Max: 0.99
Current: 0.19

During the past 10 years, the highest Equity to Asset Ratio of Amin Tannery was 0.99. The lowest was 0.18. And the median was 0.21.

BOM:541771's Equity-to-Asset is ranked worse than
86.9% of 1084 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs BOM:541771: 0.19

Amin Tannery Equity-to-Asset Historical Data

The historical data trend for Amin Tannery'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.

Amin Tannery Equity-to-Asset Chart

Amin Tannery 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 0.23 0.21 0.21 0.18 0.18

Amin Tannery Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.18 - 0.18 - 0.19

Competitive Comparison of Amin Tannery's Equity-to-Asset

For the Footwear & Accessories subindustry, Amin Tannery'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.


Amin Tannery's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Amin Tannery 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.

Amin Tannery'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
=121.297/672.746
=0.18

Amin Tannery'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
=123.27/639.6
=0.19

* 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.


Amin Tannery  (BOM:541771) 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%.


Amin Tannery Equity-to-Asset Related Terms

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Amin Tannery (BOM:541771) Business Description

Traded in Other Exchanges
N/A
Address
15/288 C, Civil Lines, Kanpur, UP, IND, 208001
Amin Tannery Ltd is an Indian-Based manufacturer and exporter of finished leather and leather shoes. It is engaged in the sale, purchase, manufacturing, refining, export, import, and deals as an agent in all classes of leather, hides, skins, and all chemicals and other materials required for converting hides and skins into leather and the business of tanners, curriers, hide and skin merchants. Its products offering includes finished leather and leather shoes including shoes and boots.

Amin Tannery (BOM:541771) Headlines

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