Containe Technologies (BOM:543606) Equity-to-Asset : 0.46 (As of Mar. 2024)

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What is Containe Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Containe Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹95.2 Mil. Containe Technologies's Total Assets for the quarter that ended in Mar. 2024 was ₹207.3 Mil. Therefore, Containe Technologies's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.46.

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

BOM:543606' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16 Med: 0.46 Max: 0.59
Current: 0.46

During the past 5 years, the highest Equity to Asset Ratio of Containe Technologies was 0.59. The lowest was 0.16. And the median was 0.46.

BOM:543606's Equity-to-Asset is ranked worse than
50.68% of 1320 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs BOM:543606: 0.46

Containe Technologies Equity-to-Asset Historical Data

The historical data trend for Containe Technologies'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.

Containe Technologies Equity-to-Asset Chart

Containe Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

0.18

0.16

0.59

0.55

0.46

Containe Technologies Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial			0.59	-	0.55	0.49	0.46

Competitive Comparison of Containe Technologies's Equity-to-Asset

For the Auto Parts subindustry, Containe Technologies'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.

Containe Technologies's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Containe Technologies's Equity-to-Asset distribution charts can be found below:

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

Containe Technologies 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.

Containe Technologies'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
	=	95.243	/	207.297
	=	0.46

Containe Technologies'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
	=	95.243	/	207.297
	=	0.46

Containe Technologies (BOM:543606) 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%.

Containe Technologies Equity-to-Asset Related Terms

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

Containe Technologies (BOM:543606) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Containe Technologies Ltd (BOM:543606) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gokul Nagar, Marriguda, House No. 3-13-142/ 341P, 342, Mallapur, Secunderabad, Hyderabad, TG, IND, 500076

Website

https://www.containe.in

Containe Technologies Ltd is engaged in the business of Automobile Safety and GPS solutions in the Automobile Sector. The company manufactures a wide range of technology-intensive electronic and mechanical automotive products.

Containe Technologies (BOM:543606) Headlines

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