Rain Industries (NSE:RAIN) Equity-to-Asset : 0.37 (As of Dec. 2023)

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What is Rain Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rain Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹73,425 Mil. Rain Industries's Total Assets for the quarter that ended in Dec. 2023 was ₹200,089 Mil. Therefore, Rain Industries's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.37.

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

NSE:RAIN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22 Med: 0.3 Max: 0.38
Current: 0.37

During the past 13 years, the highest Equity to Asset Ratio of Rain Industries was 0.38. The lowest was 0.22. And the median was 0.30.

NSE:RAIN's Equity-to-Asset is ranked worse than
82.87% of 1570 companies
in the Chemicals industry
Industry Median: 0.59 vs NSE:RAIN: 0.37

Rain Industries Equity-to-Asset Historical Data

The historical data trend for Rain Industries'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.

Rain Industries Equity-to-Asset Chart

Rain Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.31

0.30

0.33

0.38

0.37

Rain Industries Semi-Annual Data
	Mar05	Mar06	Mar07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Equity-to-Asset	Get a 7-Day Free Trial														0.31	0.30	0.33	0.38	0.37

Competitive Comparison of Rain Industries's Equity-to-Asset

For the Chemicals subindustry, Rain Industries'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.

Rain Industries's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rain Industries's Equity-to-Asset distribution charts can be found below:

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

Rain Industries 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.

Rain Industries's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	73425.37	/	200088.94
	=	0.37

Rain Industries's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	73425.37	/	200088.94
	=	0.37

Rain Industries (NSE:RAIN) 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%.

Rain Industries Equity-to-Asset Related Terms

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

Rain Industries (NSE:RAIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rain Industries Ltd (NSE:RAIN) » Definitions » Equity-to-Asset

Traded in Other Exchanges

500339:India

Address

34, Srinagar Colony, Rain Center, Hyderabad, TG, IND, 500073

Website

https://www.rain-industries.com

Rain Industries Ltd engages in the production of cement and other related products. The group operates through three segments namely Carbon Products, Advanced Materials, and Cement. The product portfolio of the group consists of Calcined Petroleum Coke, Green Petroleum Coke, Coal Tar Pitch, Co-generated Energy and other derivatives of coal tar distillation. In addition, it also focuses on the downstream operations of coal tar distillation and modifiers and is also involved in the manufacture and sale of cement. Geographically, the business of the firm is spread across the region of Europe, the United States, North America, Asia, and others.