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Dharani Finance (BOM:511451) Equity-to-Asset : 0.00 (As of Dec. 2023)


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What is Dharani Finance Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dharani Finance's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.00 Mil. Dharani Finance's Total Assets for the quarter that ended in Dec. 2023 was ₹0.00 Mil.

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

BOM:511451' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5   Med: 0.89   Max: 0.92
Current: 0.84

During the past 13 years, the highest Equity to Asset Ratio of Dharani Finance was 0.92. The lowest was 0.50. And the median was 0.89.

BOM:511451's Equity-to-Asset is ranked better than
80.88% of 544 companies
in the Credit Services industry
Industry Median: 0.37 vs BOM:511451: 0.84

Dharani Finance Equity-to-Asset Historical Data

The historical data trend for Dharani Finance'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.

Dharani Finance Equity-to-Asset Chart

Dharani Finance 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 0.89 0.91 0.87 0.87 0.84

Dharani Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.84 - 0.84 -

Competitive Comparison of Dharani Finance's Equity-to-Asset

For the Credit Services subindustry, Dharani Finance'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.


Dharani Finance's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Dharani Finance's Equity-to-Asset distribution charts can be found below:

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



Dharani Finance 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.

Dharani Finance'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
=80.993/95.971
=0.84

Dharani Finance'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
=0/0
=

* 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.


Dharani Finance  (BOM:511451) 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%.


Dharani Finance Equity-to-Asset Related Terms

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Dharani Finance (BOM:511451) Business Description

Traded in Other Exchanges
N/A
Address
New No.59 (Old No. 57) Sterling Road, PGP House, Nungambakkam, Chennai, TN, IND, 600034
Dharani Finance Ltd operates as a non-banking finance company in India. The main activities of the company are to carry on the business of hire purchase, leasing of machinery and other equipment, financing industrial enterprises, undertaking the business of financial operations of all kinds, dealing in foreign exchange, providing financial services like investment planning, tax planning, consultancy and much more. In addition, it also acts as a tour agent, carries on the import and export of merchandise, functions as a forwarding agent, freight contractor, warehousing, and many more. The company's operating segments include Financial Services and Travel Services. The majority of its revenue is generated from the Financial Services segment.

Dharani Finance (BOM:511451) Headlines

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