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BFL Asset Finvest (BOM:539662) Equity-to-Asset : 0.74 (As of Mar. 2024)


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What is BFL Asset Finvest Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BFL Asset Finvest's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹145.6 Mil. BFL Asset Finvest's Total Assets for the quarter that ended in Mar. 2024 was ₹196.4 Mil. Therefore, BFL Asset Finvest's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.74.

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

BOM:539662' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.55   Med: 0.73   Max: 0.93
Current: 0.74

During the past 10 years, the highest Equity to Asset Ratio of BFL Asset Finvest was 0.93. The lowest was 0.55. And the median was 0.73.

BOM:539662's Equity-to-Asset is ranked better than
67.45% of 811 companies
in the Capital Markets industry
Industry Median: 0.51 vs BOM:539662: 0.74

BFL Asset Finvest Equity-to-Asset Historical Data

The historical data trend for BFL Asset Finvest'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.

BFL Asset Finvest Equity-to-Asset Chart

BFL Asset Finvest 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 0.62 0.77 0.79 0.85 0.74

BFL Asset Finvest Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 0.85 0.69 - 0.74

Competitive Comparison of BFL Asset Finvest's Equity-to-Asset

For the Capital Markets subindustry, BFL Asset Finvest'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.


BFL Asset Finvest's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BFL Asset Finvest's Equity-to-Asset distribution charts can be found below:

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



BFL Asset Finvest 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.

BFL Asset Finvest'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
=145.619/196.436
=0.74

BFL Asset Finvest'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
=145.619/196.436
=0.74

* 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.


BFL Asset Finvest  (BOM:539662) 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%.


BFL Asset Finvest Equity-to-Asset Related Terms

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


BFL Asset Finvest (BOM:539662) Business Description

Traded in Other Exchanges
N/A
Address
Ajmer Road, 1, Tara Nagar, Jaipur, RJ, IND, 302006
BFL Asset Finvest Ltd is an Indian company that operates in finance sector. The company deals in shares and securities, other finances, investments, and futures and options. While the majority of the revenue is earned from sale of share and securities.

BFL Asset Finvest (BOM:539662) Headlines

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