Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sri Amarnath Finance's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹729.58 Mil. Sri Amarnath Finance's Total Assets for the quarter that ended in Mar. 2024 was ₹737.98 Mil.
Therefore, Sri Amarnath Finance's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.99.
The historical rank and industry rank for Sri Amarnath Finance's Equity-to-Asset or its related term are showing as below:
BOM:538863'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.99 Med: 0.99 Max: 1
Current: 0.99
During the past 11 years, the highest Equity to Asset Ratio of Sri Amarnath Finance was 1.00. The lowest was 0.99. And the median was 0.99.
BOM:538863's Equity-to-Asset is not ranked
in the Capital Markets industry.
Industry Median: 0.51
vs BOM:538863: 0.99
Sri Amarnath Finance Equity-to-Asset Historical Data
The historical data trend for Sri Amarnath 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.
Competitive Comparison of Sri Amarnath Finance's Equity-to-Asset
For the Capital Markets subindustry, Sri Amarnath 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.
Sri Amarnath Finance's Equity-to-Asset Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Sri Amarnath Finance's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Sri Amarnath Finance's Equity-to-Asset falls into.
Sri Amarnath 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.
Sri Amarnath Finance's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 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.
Sri Amarnath Finance (BOM:538863) 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%.
Sri Amarnath Finance Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Sri Amarnath Finance's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Sri Amarnath Finance (BOM:538863) Business Description
Sri Amarnath Finance Ltd is an India-based non-banking financial company. The company is engaged in the business of granting loans and making investments and is engaged in buying, selling, and transfer of shares and securities of various companies in the capital markets. It also provides loans and advances to customers who are eligible as per the criteria for availing services of the company. The business of the Company falls within a single primary segment The majority of revenue is generated from Interest Income.
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