CESC (BOM:500084) Equity-to-Asset : 0.31 (As of Mar. 2024)

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What is CESC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CESC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹114,450 Mil. CESC's Total Assets for the quarter that ended in Mar. 2024 was ₹371,680 Mil. Therefore, CESC's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.31.

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

BOM:500084' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26 Med: 0.28 Max: 0.31
Current: 0.31

During the past 13 years, the highest Equity to Asset Ratio of CESC was 0.31. The lowest was 0.26. And the median was 0.28.

BOM:500084's Equity-to-Asset is ranked worse than
65.02% of 526 companies
in the Utilities - Regulated industry
Industry Median: 0.38 vs BOM:500084: 0.31

CESC Equity-to-Asset Historical Data

The historical data trend for CESC'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.

CESC Equity-to-Asset Chart

CESC Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

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0.27

0.28

0.29

0.31

CESC 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															0.29	-	0.30	-	0.31

Competitive Comparison of CESC's Equity-to-Asset

For the Utilities - Regulated Electric subindustry, CESC'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.

CESC's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CESC's Equity-to-Asset distribution charts can be found below:

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

CESC 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.

CESC'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
	=	114450	/	371680
	=	0.31

CESC'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
	=	114450	/	371680
	=	0.31

CESC (BOM:500084) 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%.

CESC Equity-to-Asset Related Terms

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

CESC (BOM:500084) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CESC Ltd (BOM:500084) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

CESC:India

Address

CESC House, Chowringhee Square, Kolkata, WB, IND, 700 001

Website

https://www.cesc.co.in

CESC Ltd is an Indian power utility company engaged in the generation and distribution of electricity. The company owns and operates a portfolio of energy-generating facilities that primarily utilize thermal fuel sources, such as coal. CESC sources its coal mainly from Indian mines either allocated to it by the Government of India or purchased in the marketplace. The company has also made efforts to expand its capacity through renewable energy sites that employ wind, hydro, and solar power. CESC generates the vast majority of its revenue from the sale of electricity to consumer households and commercial establishments in the state of West Bengal in India. Through its subsidiaries, the company is also involved in the retail, business process management, and infrastructure sectors.

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