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SKP Securities (BOM:531169) Equity-to-Asset : 0.58 (As of Mar. 2024)


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What is SKP Securities Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SKP Securities's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹418.4 Mil. SKP Securities's Total Assets for the quarter that ended in Mar. 2024 was ₹717.9 Mil. Therefore, SKP Securities's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.58.

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

BOM:531169' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.74   Max: 0.88
Current: 0.58

During the past 13 years, the highest Equity to Asset Ratio of SKP Securities was 0.88. The lowest was 0.47. And the median was 0.74.

BOM:531169's Equity-to-Asset is ranked better than
55.13% of 809 companies
in the Capital Markets industry
Industry Median: 0.5 vs BOM:531169: 0.58

SKP Securities Equity-to-Asset Historical Data

The historical data trend for SKP Securities'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.

SKP Securities Equity-to-Asset Chart

SKP Securities Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.70 0.47 0.53 0.58

SKP Securities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.53 - 0.51 - 0.58

Competitive Comparison of SKP Securities's Equity-to-Asset

For the Capital Markets subindustry, SKP Securities'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.


SKP Securities's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SKP Securities's Equity-to-Asset distribution charts can be found below:

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



SKP Securities 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.

SKP Securities's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=418.358/717.934
=0.58

SKP Securities's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=418.358/717.934
=0.58

* 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.


SKP Securities  (BOM:531169) 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%.


SKP Securities Equity-to-Asset Related Terms

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


SKP Securities (BOM:531169) Business Description

Traded in Other Exchanges
N/A
Address
1702-03 BioWonder, 789 Anandapur, E M Bypass, Kolkata, WB, IND, 700 107
SKP Securities Ltd provides financial service. The company is engaged in the business of providing stock broking services, depository services, distribution of mutual funds and wealth advisory services. The company's only reportable segment which is Broking and Dealing in Securities and related services. It serves Banks, Mutual Funds, Insurance Companies, Corporates and Business Houses, Charitable/Educational/Health Institutions, Non-Profit Organisations, and Others.

SKP Securities (BOM:531169) Headlines

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