Concord Control Systems (BOM:543619) Equity-to-Asset : 0.77 (As of Mar. 2024)

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What is Concord Control Systems Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Concord Control Systems's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹461.9 Mil. Concord Control Systems's Total Assets for the quarter that ended in Mar. 2024 was ₹602.3 Mil. Therefore, Concord Control Systems's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.77.

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

BOM:543619' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39 Med: 0.51 Max: 0.77
Current: 0.77

During the past 5 years, the highest Equity to Asset Ratio of Concord Control Systems was 0.77. The lowest was 0.39. And the median was 0.51.

BOM:543619's Equity-to-Asset is ranked better than
89.13% of 975 companies
in the Transportation industry
Industry Median: 0.49 vs BOM:543619: 0.77

Concord Control Systems Equity-to-Asset Historical Data

The historical data trend for Concord Control Systems'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.

Concord Control Systems Equity-to-Asset Chart

Concord Control Systems Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

0.42

0.39

0.51

0.71

0.77

Concord Control Systems Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial			0.51	-	0.71	0.77	0.77

Competitive Comparison of Concord Control Systems's Equity-to-Asset

For the Railroads subindustry, Concord Control Systems'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.

Concord Control Systems's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Concord Control Systems's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Concord Control Systems's Equity-to-Asset falls into.

Concord Control Systems 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.

Concord Control Systems'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
	=	461.896	/	602.323
	=	0.77

Concord Control Systems'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
	=	461.896	/	602.323
	=	0.77

Concord Control Systems (BOM:543619) 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%.

Concord Control Systems Equity-to-Asset Related Terms

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

Concord Control Systems (BOM:543619) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Concord Control Systems Ltd (BOM:543619) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Deva Road, G-36, U.P.S.I.D.C, Industrial Area, Lucknow, UP, IND, 226019

Website

https://www.concordgroup.in

Concord Control Systems Ltd is engaged in the business of manufacturing and supply of coach-related and electrification products for Indian Railways and other Railway Contractors. The company manufactures products required in railway coaches like Inter-Vehicular Coupler, Emergency Lighting System, Brushless DC carriage fan, Exhaust fans, Cable Jackets, Bellows and others.

Concord Control Systems (BOM:543619) Headlines

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