Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aeries Technology's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-43.07 Mil. Aeries Technology's Total Assets for the quarter that ended in Dec. 2023 was $46.71 Mil.
Therefore, Aeries Technology's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.92.
The historical rank and industry rank for Aeries Technology's Equity-to-Asset or its related term are showing as below:
AERT'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.92 Med: 0.35 Max: 0.79
Current: -0.92
During the past 2 years, the highest Equity to Asset Ratio of Aeries Technology was 0.79. The lowest was -0.92. And the median was 0.35.
AERT's Equity-to-Asset is ranked worse than 97.52% of 1090
companies
in the Business Services industry
Industry Median: 0.495
vs AERT: -0.92
Aeries Technology Equity-to-Asset Historical Data
The historical data trend for Aeries Technology'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.
Competitive Comparison of Aeries Technology's Equity-to-Asset
For the Consulting Services subindustry, Aeries Technology'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.
Aeries Technology's Equity-to-Asset Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Aeries Technology's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Aeries Technology's Equity-to-Asset falls into.
Aeries Technology 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.
Aeries Technology's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
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%.
Aeries Technology Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Aeries Technology's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Aeries Technology (Aeries Technology) Business Description
Aeries Technology Inc is a global professional and management services partner offering a range of management consultancy services for private equity sponsors and their portfolio companies with engagement models that are designed to provide a mix of deep vertical specialty, functional expertise, and digital systems and solutions to scale, optimize and transform a client's business operations. It supports and drives its client's global growth by providing a range of management consultancy services involving professional advisory services and operations management services to build and manage dedicated delivery centers in appropriate locations based on customer business needs.
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