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Avantel (BOM:532406) Equity-to-Asset : 0.73 (As of Sep. 2024)


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What is Avantel Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Avantel's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹1,969 Mil. Avantel's Total Assets for the quarter that ended in Sep. 2024 was ₹2,692 Mil. Therefore, Avantel's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.73.

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

BOM:532406' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54   Med: 0.74   Max: 0.92
Current: 0.73

During the past 13 years, the highest Equity to Asset Ratio of Avantel was 0.92. The lowest was 0.54. And the median was 0.74.

BOM:532406's Equity-to-Asset is ranked better than
75.78% of 2473 companies
in the Hardware industry
Industry Median: 0.56 vs BOM:532406: 0.73

Avantel Equity-to-Asset Historical Data

The historical data trend for Avantel'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.

Avantel Equity-to-Asset Chart

Avantel 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 0.77 0.76 0.76 0.72 0.76

Avantel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 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 0.72 0.73 - 0.76 0.73

Competitive Comparison of Avantel's Equity-to-Asset

For the Communication Equipment subindustry, Avantel'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.


Avantel's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Avantel's Equity-to-Asset distribution charts can be found below:

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



Avantel 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.

Avantel'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
=1641.191/2158.454
=0.76

Avantel'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
=1968.524/2691.836
=0.73

* 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.


Avantel  (BOM:532406) 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%.


Avantel Equity-to-Asset Related Terms

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


Avantel Business Description

Traded in Other Exchanges
Address
Survey No’s. 66 & 67, Jubilee Enclave, Plot No. 68 & 69, Jubilee Heights, 4th floor, Madhapur, Hyderabad, TG, IND, 500081
Avantel Ltd is engaged in the business of manufacturing telecom products and provides related customer support services. It caters to both domestic and international markets. It specializes in integrating technologies related to the wireless front end, satellite communication, embedded systems, signal processing, network management, and software development. It offers wireless, Satcom products, wireless products, software solutions, and services. It caters to defense, railway, and marine industries.

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