Modis Navnirman (BOM:543539) Equity-to-Asset : 0.76 (As of Mar. 2024)

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What is Modis Navnirman Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Modis Navnirman's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹854.7 Mil. Modis Navnirman's Total Assets for the quarter that ended in Mar. 2024 was ₹1,126.9 Mil. Therefore, Modis Navnirman's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.76.

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

BOM:543539' s Equity-to-Asset Range Over the Past 10 Years
Min: 0 Med: 0.4 Max: 0.76
Current: 0.76

During the past 5 years, the highest Equity to Asset Ratio of Modis Navnirman was 0.76. The lowest was 0.00. And the median was 0.40.

BOM:543539's Equity-to-Asset is ranked better than
84.52% of 1835 companies
in the Real Estate industry
Industry Median: 0.44 vs BOM:543539: 0.76

Modis Navnirman Equity-to-Asset Historical Data

The historical data trend for Modis Navnirman'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.

Modis Navnirman Equity-to-Asset Chart

Modis Navnirman Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

0.40

0.12

0.54

0.76

Modis Navnirman Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial			0.12	0.61	0.54	0.51	0.76

Competitive Comparison of Modis Navnirman's Equity-to-Asset

For the Real Estate - Development subindustry, Modis Navnirman'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.

Modis Navnirman's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Modis Navnirman's Equity-to-Asset distribution charts can be found below:

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

Modis Navnirman 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.

Modis Navnirman'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
	=	854.748	/	1126.899
	=	0.76

Modis Navnirman'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
	=	854.748	/	1126.899
	=	0.76

Modis Navnirman (BOM:543539) 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%.

Modis Navnirman Equity-to-Asset Related Terms

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

Modis Navnirman (BOM:543539) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Modis Navnirman Ltd (BOM:543539) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

M G Road, Shop No. 1, Rashmi Heights, Opposite Kamla Nagar, Kandivali (West), Mumbai, MH, IND, 400067

Website

https://www.modisnirman.com

Modis Navnirman Ltd is engaged in the real estate sector. It focuses on the mid-market and affordable housing categories as its target segment within the residential housing market. The company's projects are located in the western suburbs of Mumbai specifically in and around the areas of Borivali, Kandivali, Malad and Goregaon. The company projects are Rashmi Enclave, Badshah Residency, Rashmi Jewel, Rashmi Terrace and others.

Modis Navnirman (BOM:543539) Headlines

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