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ZF Commercial Vehicle Control Systems India (BOM:533023) Equity-to-Asset : 0.83 (As of Mar. 2024)


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What is ZF Commercial Vehicle Control Systems India Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ZF Commercial Vehicle Control Systems India's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹27,903 Mil. ZF Commercial Vehicle Control Systems India's Total Assets for the quarter that ended in Mar. 2024 was ₹33,816 Mil. Therefore, ZF Commercial Vehicle Control Systems India's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.83.

The historical rank and industry rank for ZF Commercial Vehicle Control Systems India's Equity-to-Asset or its related term are showing as below:

BOM:533023' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.7   Med: 0.79   Max: 0.87
Current: 0.83

During the past 13 years, the highest Equity to Asset Ratio of ZF Commercial Vehicle Control Systems India was 0.87. The lowest was 0.70. And the median was 0.79.

BOM:533023's Equity-to-Asset is ranked better than
93.94% of 1320 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs BOM:533023: 0.83

ZF Commercial Vehicle Control Systems India Equity-to-Asset Historical Data

The historical data trend for ZF Commercial Vehicle Control Systems India'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.

ZF Commercial Vehicle Control Systems India Equity-to-Asset Chart

ZF Commercial Vehicle Control Systems India 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 0.87 0.80 0.80 0.80 0.83

ZF Commercial Vehicle Control Systems India 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 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 0.80 - 0.80 - 0.83

Competitive Comparison of ZF Commercial Vehicle Control Systems India's Equity-to-Asset

For the Auto Parts subindustry, ZF Commercial Vehicle Control Systems India'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.


ZF Commercial Vehicle Control Systems India's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ZF Commercial Vehicle Control Systems India's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where ZF Commercial Vehicle Control Systems India's Equity-to-Asset falls into.



ZF Commercial Vehicle Control Systems India 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.

ZF Commercial Vehicle Control Systems India'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
=27903.175/33816.264
=0.83

ZF Commercial Vehicle Control Systems India'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
=27903.175/33816.264
=0.83

* 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.


ZF Commercial Vehicle Control Systems India  (BOM:533023) 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%.


ZF Commercial Vehicle Control Systems India Equity-to-Asset Related Terms

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ZF Commercial Vehicle Control Systems India (BOM:533023) Business Description

Traded in Other Exchanges
Address
Plot No. 3 (SP), III Main Road, Ambattur Industrial Estate, Chennai, TN, IND, 600058
ZF Commercial Vehicle Control Systems India Ltd is a supplier of technologies and services that improve commercial vehicle safety, efficiency, and connectivity. It offers conventional braking products, advanced braking systems, and other related air-assisted products and systems, such as air suspension and driveline controls.

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