Lumax Industries Fundamental Relationships

LUMAXIND -- India Stock  

INR 2,007  13.65  0.68%

The Drivers Module shows relationships between Lumax Industries's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Lumax Industries Limited over time as well as its relative position and ranking within its peers. Please see also Stocks Correlation

Lumax Industries Limited Debt to Equity vs. Return On Asset Fundamental Analysis

Lumax Industries Limited is rated fifth overall in return on asset category among related companies. It is currently regarded as number one stock in debt to equity category among related companies fabricating about  5.46  of Debt to Equity per Return On Asset.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Lumax Industries 
Return on Asset 
Net Income 
Total Assets 
5.26 %
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Lumax Industries 
Total Debt 
Total Equity 
28.70 %
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging barrowing against the capital invested by the owners.

Lumax Industries Limited Debt to Equity Comparison

Lumax Industries is currently under evaluation in debt to equity category among related companies.