Dev Labtech Venture (BOM:543848) Equity-to-Asset : 0.90 (As of Mar. 2024)

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What is Dev Labtech Venture Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dev Labtech Venture's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹257.8 Mil. Dev Labtech Venture's Total Assets for the quarter that ended in Mar. 2024 was ₹286.7 Mil. Therefore, Dev Labtech Venture's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.90.

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

BOM:543848' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2 Med: 0.23 Max: 0.9
Current: 0.9

During the past 5 years, the highest Equity to Asset Ratio of Dev Labtech Venture was 0.90. The lowest was 0.20. And the median was 0.23.

BOM:543848's Equity-to-Asset is ranked better than
95.99% of 1122 companies
in the Retail - Cyclical industry
Industry Median: 0.45 vs BOM:543848: 0.90

Dev Labtech Venture Equity-to-Asset Historical Data

The historical data trend for Dev Labtech Venture'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.

Dev Labtech Venture Equity-to-Asset Chart

Dev Labtech Venture Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

0.20

0.21

0.23

0.80

0.90

Dev Labtech Venture Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial			0.23	0.62	0.80	0.84	0.90

Competitive Comparison of Dev Labtech Venture's Equity-to-Asset

For the Luxury Goods subindustry, Dev Labtech Venture'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.

Dev Labtech Venture's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dev Labtech Venture's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Dev Labtech Venture's Equity-to-Asset falls into.

Dev Labtech Venture 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.

Dev Labtech Venture'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
	=	257.767	/	286.689
	=	0.90

Dev Labtech Venture'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
	=	257.767	/	286.689
	=	0.90

Dev Labtech Venture (BOM:543848) 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%.

Dev Labtech Venture Equity-to-Asset Related Terms

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

Dev Labtech Venture (BOM:543848) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Dev Labtech Venture Ltd (BOM:543848) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

Dairy Road, Near Nilambaug Circle, GF/22-23, Pattani Plaza, Bhavnagar, GJ, IND, 364002

Website

https://www.devlabtechventure.com

Dev Labtech Venture Ltd is engaged in the business of manufacturing, marketing and sourcing of diamonds: Natural and Lab grown having wide application in Jewelry. It operates in both domestic and export markets. It exports its products to United States and Hong Kong.

Dev Labtech Venture (BOM:543848) Headlines

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