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Aditya Birla Sun Life AMC (BOM:543374) Equity-to-Asset : 0.91 (As of Mar. 2024)


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What is Aditya Birla Sun Life AMC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aditya Birla Sun Life AMC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹31,689 Mil. Aditya Birla Sun Life AMC's Total Assets for the quarter that ended in Mar. 2024 was ₹35,019 Mil. Therefore, Aditya Birla Sun Life AMC's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.91.

The historical rank and industry rank for Aditya Birla Sun Life AMC's Equity-to-Asset or its related term are showing as below:

BOM:543374' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.82   Med: 0.88   Max: 0.91
Current: 0.91

During the past 6 years, the highest Equity to Asset Ratio of Aditya Birla Sun Life AMC was 0.91. The lowest was 0.82. And the median was 0.88.

BOM:543374's Equity-to-Asset is ranked better than
63.36% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs BOM:543374: 0.91

Aditya Birla Sun Life AMC Equity-to-Asset Historical Data

The historical data trend for Aditya Birla Sun Life AMC'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.

Aditya Birla Sun Life AMC Equity-to-Asset Chart

Aditya Birla Sun Life AMC Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial 0.84 0.86 0.90 0.90 0.91

Aditya Birla Sun Life AMC Quarterly Data
Mar19 Mar20 Jun20 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 0.90 - 0.91 - 0.91

Competitive Comparison of Aditya Birla Sun Life AMC's Equity-to-Asset

For the Asset Management subindustry, Aditya Birla Sun Life AMC'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.


Aditya Birla Sun Life AMC's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aditya Birla Sun Life AMC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Aditya Birla Sun Life AMC's Equity-to-Asset falls into.



Aditya Birla Sun Life AMC 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.

Aditya Birla Sun Life AMC'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
=31688.8/35018.5
=0.90

Aditya Birla Sun Life AMC'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
=31688.8/35018.5
=0.90

* 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.


Aditya Birla Sun Life AMC  (BOM:543374) 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%.


Aditya Birla Sun Life AMC Equity-to-Asset Related Terms

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Aditya Birla Sun Life AMC (BOM:543374) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Elphinstone Road, One World Center, Tower 1, 17th Floor, Jupiter Mills, Mumbai, MH, IND, 400 013
Aditya Birla Sun Life AMC Ltd is primarily the investment manager of Aditya Birla Sun Life Mutual Fund. It also operates multiple alternate strategies including portfolio management services, real estate investments and alternative investment funds.

Aditya Birla Sun Life AMC (BOM:543374) Headlines

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