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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%.
Onward Technologies Equity-to-Asset Related Terms
Onward Technologies Equity-to-Asset Historical Data
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The historical data trend for Onward Technologies'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.
BOM:517536 vs IBM, ACN, FISV: Equity-to-Asset Comparison
For the Information Technology Services subindustry, Onward Technologies'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.
Onward Technologies Equity-to-Asset vs Software Industry
For the Software industry and Technology sector, Onward Technologies's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Onward Technologies's Equity-to-Asset falls into.
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.
Onward Technologies's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Onward Technologies (BOM:517536) has a Equity-to-Asset of 0.00 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Onward Technologies and its competitors. Over the past decade, Onward Technologies' Equity-to-Asset has ranged from 0.42 to 0.76. According to the industry distribution chart, Onward Technologies ranks #942 out of 2894 companies in the Software industry, placing it in the top 32.6%.
Is Onward Technologies' Equity-to-Asset too high?
Onward Technologies' current Equity-to-Asset is 0.00. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 0.76. Based on the distribution chart, Onward Technologies ranks #942 out of 2894 companies in the Software industry, which is above the industry midpoint. Overall, Onward Technologies has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Onward Technologies' Equity-to-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Onward Technologies ranks #942 out of 2894 companies for Equity-to-Asset. This puts Onward Technologies in the upper half of its industry. The industry median Equity-to-Asset is 0.56. Historically, Onward Technologies' own Equity-to-Asset has ranged from 0.42 to 0.76 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Software company?
The median Equity-to-Asset among Software companies is 0.56, based on 2,894 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Onward Technologies and its competitors. For the Software industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onward Technologies's current Equity-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onward Technologies stock overvalued right now?
Based on GuruFocus' analysis, Onward Technologies (BOM:517536) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹386.66, compared to a current price of ₹290.35 — trading 24.9% below its estimated fair value. The current Equity-to-Asset is 0.00. Onward Technologies' overall GF Score™ is 81/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Onward Technologies (BOM:517536), the current Equity-to-Asset is 0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Onward Technologies (BOM:517536) Overvalued in 2026?
Based on GuruFocus' analysis, Onward Technologies stock appears to be undervalued.
The current stock price of ₹290.35 is trading 24.9% below its estimated GF Value™ of ₹386.66.
GuruFocus considers Onward Technologies to be Modestly Undervalued.
Key valuation signals for BOM:517536:
Equity-to-Asset: 0.00
GF Value™: ₹386.66 vs. price of ₹290.35 (24.9% below fair value)
No single metric tells the full story. See the BOM:517536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Onward Technologies Ltd is an Indian company that is engaged in software development, testing, and integration for partner industries of the future. Its services are Digital Services, Embedded Products & Systems, and Mechanical Product Engineering. Its industries include Automotive, Renewables, Hydro Energy, Construction, Agricultural and Mining Equipment, Rail Transportation, and others. It has one operating segment which is ER&D (Engineering, Research and Development) service and digital services. The majority of the company's revenue comes from India. It also operates outside India.
81GF Score
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