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Avasara Finance (BOM:511730) Equity-to-Asset : 0.76 (As of Sep. 2024)


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What is Avasara Finance Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Avasara Finance's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹21.37 Mil. Avasara Finance's Total Assets for the quarter that ended in Sep. 2024 was ₹28.05 Mil.

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

BOM:511730' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.76   Med: 0.95   Max: 1
Current: 0.76

During the past 13 years, the highest Equity to Asset Ratio of Avasara Finance was 1.00. The lowest was 0.76. And the median was 0.95.

BOM:511730's Equity-to-Asset is ranked better than
78.17% of 545 companies
in the Credit Services industry
Industry Median: 0.37 vs BOM:511730: 0.76

Avasara Finance Equity-to-Asset Historical Data

The historical data trend for Avasara Finance'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.

Avasara Finance Equity-to-Asset Chart

Avasara Finance 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 0.93 0.98 0.94 0.92 0.80

Avasara Finance Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.91 0.90 0.80 0.77 0.76

Competitive Comparison of Avasara Finance's Equity-to-Asset

For the Credit Services subindustry, Avasara Finance'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.


Avasara Finance's Equity-to-Asset Distribution in the Credit Services Industry

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

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



Avasara Finance 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.

Avasara Finance'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
=24.554/30.588
=0.80

Avasara Finance's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=21.37/28.049
=

* 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.


Avasara Finance  (BOM:511730) 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%.


Avasara Finance Equity-to-Asset Related Terms

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


Avasara Finance Business Description

Traded in Other Exchanges
N/A
Address
85, Hill Road, Bandra Hill View CHS, 3rd Floor, Opposite Yoko Sizzlers, Bandra (West), Mumbai, MH, IND, 400 050
Avasara Finance Ltd operates as a Non-Banking Financial Company (NBFC). It is engaged in the business of Loan Finance. The Company has a single reportable segment: investment and related consultancy services based on the nature of services, resource allocation, regulatory environment, customers, and distribution methods.

Avasara Finance Headlines

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