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Silicon Rental Solutions (BOM:543615) Equity-to-Asset : 0.79 (As of Sep. 2023)


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What is Silicon Rental Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Silicon Rental Solutions's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹568.2 Mil. Silicon Rental Solutions's Total Assets for the quarter that ended in Sep. 2023 was ₹719.4 Mil. Therefore, Silicon Rental Solutions's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.79.

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

BOM:543615' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11   Med: 0.28   Max: 0.9
Current: 0.79

During the past 7 years, the highest Equity to Asset Ratio of Silicon Rental Solutions was 0.90. The lowest was 0.11. And the median was 0.28.

BOM:543615's Equity-to-Asset is ranked better than
83.37% of 2850 companies
in the Software industry
Industry Median: 0.54 vs BOM:543615: 0.79

Silicon Rental Solutions Equity-to-Asset Historical Data

The historical data trend for Silicon Rental Solutions'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.

Silicon Rental Solutions Equity-to-Asset Chart

Silicon Rental Solutions Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial 0.15 0.23 0.28 0.41 0.90

Silicon Rental Solutions Semi-Annual Data
Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.28 0.41 - 0.90 0.79

Competitive Comparison of Silicon Rental Solutions's Equity-to-Asset

For the Information Technology Services subindustry, Silicon Rental Solutions'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.


Silicon Rental Solutions's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Silicon Rental Solutions's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Silicon Rental Solutions's Equity-to-Asset falls into.



Silicon Rental Solutions 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.

Silicon Rental Solutions'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
=509.369/567.911
=0.90

Silicon Rental Solutions's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=568.225/719.411
=0.79

* 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.


Silicon Rental Solutions  (BOM:543615) 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%.


Silicon Rental Solutions Equity-to-Asset Related Terms

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


Silicon Rental Solutions (BOM:543615) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 579/580, 5th Road, 5, Mohini Heights, Ground Floor, Khar (West), Mumbai, MH, IND, 400052
Silicon Rental Solutions Ltd is an IT equipment outsourcing company. It is engaged in providing end-to-end IT equipment on a rental and returnable basis in India. It provides laptops, desktops, printers, servers, and other peripherals like CCTV cameras, projectors, storage devices, etc., mainly to small, medium, and large corporate.

Silicon Rental Solutions (BOM:543615) Headlines

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