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SPS Finquest (BOM:538402) Equity-to-Asset : 0.00 (As of Dec. 2023)


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What is SPS Finquest Equity-to-Asset?

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

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

BOM:538402' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.67   Max: 0.94
Current: 0.78

During the past 10 years, the highest Equity to Asset Ratio of SPS Finquest was 0.94. The lowest was 0.06. And the median was 0.67.

BOM:538402's Equity-to-Asset is ranked better than
78.64% of 543 companies
in the Credit Services industry
Industry Median: 0.37 vs BOM:538402: 0.78

SPS Finquest Equity-to-Asset Historical Data

The historical data trend for SPS Finquest'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.

SPS Finquest Equity-to-Asset Chart

SPS Finquest 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 0.62 0.38 0.52 0.64 0.66

SPS Finquest Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 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 - 0.66 - 0.78 -

Competitive Comparison of SPS Finquest's Equity-to-Asset

For the Credit Services subindustry, SPS Finquest'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.


SPS Finquest's Equity-to-Asset Distribution in the Credit Services Industry

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

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



SPS Finquest 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.

SPS Finquest'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
=569.53/863.589
=0.66

SPS Finquest'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.


SPS Finquest  (BOM:538402) 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%.


SPS Finquest Equity-to-Asset Related Terms

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SPS Finquest (BOM:538402) Business Description

Traded in Other Exchanges
N/A
Address
B.S.Marg, R-514, 5th Floor, Rotunda Building, Fort, Mumbai, MH, IND, 400001
SPS Finquest Ltd is an Indian non-banking finance company that is mainly engaged in stock financing and providing inter-corporate loans. It has operations in the field of Stockbroking, Depository participation, Margin Funding Facility, Working Capital Facility, and Loan Against Shares. Geographically, it operates in India.

SPS Finquest (BOM:538402) Headlines

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