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Siti Networks (BOM:532795) Equity-to-Asset : -0.70 (As of Sep. 2023)


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What is Siti Networks Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Siti Networks's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹-9,422 Mil. Siti Networks's Total Assets for the quarter that ended in Sep. 2023 was ₹13,472 Mil. Therefore, Siti Networks's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -0.70.

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

BOM:532795' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.7   Med: 0.04   Max: 0.2
Current: -0.7

During the past 13 years, the highest Equity to Asset Ratio of Siti Networks was 0.20. The lowest was -0.70. And the median was 0.04.

BOM:532795's Equity-to-Asset is ranked worse than
95.19% of 1061 companies
in the Media - Diversified industry
Industry Median: 0.51 vs BOM:532795: -0.70

Siti Networks Equity-to-Asset Historical Data

The historical data trend for Siti Networks'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.

Siti Networks Equity-to-Asset Chart

Siti Networks Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 - -0.13 -0.30 -0.55

Siti Networks Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.41 - -0.55 - -0.70

Competitive Comparison of Siti Networks's Equity-to-Asset

For the Entertainment subindustry, Siti Networks'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.


Siti Networks's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Siti Networks's Equity-to-Asset distribution charts can be found below:

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



Siti Networks 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.

Siti Networks's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=-7758.92/14106.7
=-0.55

Siti Networks's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-9421.85/13472.44
=-0.70

* 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.


Siti Networks  (BOM:532795) 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%.


Siti Networks Equity-to-Asset Related Terms

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Siti Networks (BOM:532795) Business Description

Traded in Other Exchanges
Address
Film City - Plot No. 19 and 20, Sector -16A, Upper Ground Floor, Film City, Noida, UP, IND, 201 301
Siti Networks Ltd is an Indian-based multi-system cable operator. It is engaged in providing cable television network services, internet services, and allied services. Its products includes High-Speed Broadband, Digital Television, Broadband, Local Television Channels, and Electronic Programming. The company also provides a wide gamut of services ranging from OTT and High-speed gaming ready services to IoT Ready Network with security camera and surveillance services to even business solutions in the ILP & ILL domains. The company operates in a single business segment of cable distribution and earns revenue from the same.

Siti Networks (BOM:532795) Headlines

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