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Tata Technologies (BOM:544028) Equity-to-Asset : 0.55 (As of Sep. 2024)


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What is Tata Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tata Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹32,151 Mil. Tata Technologies's Total Assets for the quarter that ended in Sep. 2024 was ₹58,669 Mil. Therefore, Tata Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.55.

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

BOM:544028' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54   Med: 0.58   Max: 0.72
Current: 0.55

During the past 5 years, the highest Equity to Asset Ratio of Tata Technologies was 0.72. The lowest was 0.54. And the median was 0.58.

BOM:544028's Equity-to-Asset is ranked better than
50.46% of 2832 companies
in the Software industry
Industry Median: 0.55 vs BOM:544028: 0.55

Tata Technologies Equity-to-Asset Historical Data

The historical data trend for Tata 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.

Tata Technologies Equity-to-Asset Chart

Tata Technologies Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
0.72 0.60 0.54 0.58 0.58

Tata Technologies Quarterly Data
Mar20 Mar21 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 - 0.58 - 0.55

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

For the Information Technology Services subindustry, Tata 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.


Tata Technologies's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Tata Technologies's Equity-to-Asset distribution charts can be found below:

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



Tata 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.

Tata 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
=32208.2/55783.2
=0.58

Tata Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=32150.9/58669.3
=0.55

* 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.


Tata Technologies  (BOM:544028) 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%.


Tata Technologies Equity-to-Asset Related Terms

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Tata Technologies Business Description

Comparable Companies
Traded in Other Exchanges
Address
Plot No. 25, Rajiv Gandhi Infotech Park, Hinjawadi, Pune, MH, IND, 411057
Tata Technologies Ltd is an engineering services company offering product development and digital solutions, including turnkey solutions, to original equipment manufacturers (OEMs) and their tier-1 suppliers. It has deep domain expertise in the automotive industry and leverages this expertise to serve its clients in adjacent industries. The company's reportable segments are; Services, and Technology Solutions. A majority of its revenue is generated from the Services segment which includes providing outsourced engineering and designing services and digital transformation services to manufacturing clients. It generates revenue from India, North America, Europe, the United Kingdom, and other regions.

Tata Technologies Headlines

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