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TAAL Enterprises (BOM:539956) Equity-to-Asset : 0.85 (As of Mar. 2024)


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What is TAAL Enterprises Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TAAL Enterprises's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,623 Mil. TAAL Enterprises's Total Assets for the quarter that ended in Mar. 2024 was ₹1,903 Mil. Therefore, TAAL Enterprises's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.85.

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

BOM:539956' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.59   Max: 0.85
Current: 0.85

During the past 9 years, the highest Equity to Asset Ratio of TAAL Enterprises was 0.85. The lowest was 0.37. And the median was 0.59.

BOM:539956's Equity-to-Asset is ranked better than
95.62% of 981 companies
in the Transportation industry
Industry Median: 0.49 vs BOM:539956: 0.85

TAAL Enterprises Equity-to-Asset Historical Data

The historical data trend for TAAL Enterprises'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.

TAAL Enterprises Equity-to-Asset Chart

TAAL Enterprises Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.53 0.69 0.71 0.80 0.85

TAAL Enterprises 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 - 0.84 - 0.85

Competitive Comparison of TAAL Enterprises's Equity-to-Asset

For the Airports & Air Services subindustry, TAAL Enterprises'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.


TAAL Enterprises's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, TAAL Enterprises's Equity-to-Asset distribution charts can be found below:

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



TAAL Enterprises 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.

TAAL Enterprises'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
=1622.753/1903.091
=0.85

TAAL Enterprises'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
=1622.753/1903.091
=0.85

* 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.


TAAL Enterprises  (BOM:539956) 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%.


TAAL Enterprises Equity-to-Asset Related Terms

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TAAL Enterprises (BOM:539956) Business Description

Traded in Other Exchanges
N/A
Address
7th Mile Hosur Road, Survey no. 112, Krishna Reddy Industrial Area, 3rd Floor, C Block, AKR Tech Park, Singasandra, Bangalore, KA, IND, 560068
TAAL Enterprises Ltd offers air charter solutions. It is engaged in providing air-charter service for Luxury private air charter to any destination, tailored service, and other related services. Its segments include Air Charter and Engineering Design Services. Geographically the group has a business presence in India and Outside India, of which key revenue is generated from Outside India.

TAAL Enterprises (BOM:539956) Headlines

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