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SMC Global Securities (BOM:543263) Equity-to-Asset : 0.23 (As of Mar. 2024)


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What is SMC Global Securities Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SMC Global Securities's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹10,957 Mil. SMC Global Securities's Total Assets for the quarter that ended in Mar. 2024 was ₹47,466 Mil. Therefore, SMC Global Securities's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.23.

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

BOM:543263' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.32   Max: 0.36
Current: 0.23

During the past 5 years, the highest Equity to Asset Ratio of SMC Global Securities was 0.36. The lowest was 0.23. And the median was 0.32.

BOM:543263's Equity-to-Asset is ranked worse than
72.22% of 810 companies
in the Capital Markets industry
Industry Median: 0.5 vs BOM:543263: 0.23

SMC Global Securities Equity-to-Asset Historical Data

The historical data trend for SMC Global Securities'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.

SMC Global Securities Equity-to-Asset Chart

SMC Global Securities Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
0.36 0.32 0.32 - 0.23

SMC Global Securities Quarterly Data
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 - - 0.23 - 0.23

Competitive Comparison of SMC Global Securities's Equity-to-Asset

For the Capital Markets subindustry, SMC Global Securities'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.


SMC Global Securities's Equity-to-Asset Distribution in the Capital Markets Industry

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

* The bar in red indicates where SMC Global Securities's Equity-to-Asset falls into.



SMC Global Securities 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.

SMC Global Securities'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
=10957.271/47465.934
=0.23

SMC Global Securities'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
=10957.271/47465.934
=0.23

* 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.


SMC Global Securities  (BOM:543263) 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%.


SMC Global Securities Equity-to-Asset Related Terms

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


SMC Global Securities (BOM:543263) Business Description

Traded in Other Exchanges
Address
Pusa Road, 11/6B, Shanti Chamber, New Delhi, IND, 110005
SMC Global Securities Ltd is a diversified financial services company in India. The company offers brokerage services across the asset classes of equities, commodities and currency, investment banking, wealth management, distribution of third-party financial products, research, financing, depository services, insurance broking, clearing services, mortgage advisory, and real estate advisory services to corporates, institutions, high net worth individuals, and other retail clients.

SMC Global Securities (BOM:543263) Headlines

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