Azad Engineering (BOM:544061) Equity-to-Asset : 0.70 (As of Sep. 2024)

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What is Azad Engineering Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Azad Engineering's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹6,829 Mil. Azad Engineering's Total Assets for the quarter that ended in Sep. 2024 was ₹9,729 Mil. Therefore, Azad Engineering's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.70.

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

BOM:544061' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3 Med: 0.36 Max: 0.81
Current: 0.7

During the past 4 years, the highest Equity to Asset Ratio of Azad Engineering was 0.81. The lowest was 0.30. And the median was 0.36.

BOM:544061's Equity-to-Asset is ranked better than
73.38% of 3028 companies
in the Industrial Products industry
Industry Median: 0.56 vs BOM:544061: 0.70

Azad Engineering Equity-to-Asset Historical Data

The historical data trend for Azad Engineering'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.

Azad Engineering Equity-to-Asset Chart

Azad Engineering Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

0.36

0.30

0.35

0.81

Azad Engineering Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Equity-to-Asset	Get a 7-Day Free Trial					0.36	-	0.81	-	0.70

Competitive Comparison of Azad Engineering's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Azad Engineering'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.

Azad Engineering's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Azad Engineering's Equity-to-Asset distribution charts can be found below:

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

Azad Engineering 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.

Azad Engineering'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
	=	6450.63	/	7970.79
	=	0.81

Azad Engineering'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
	=	6828.81	/	9728.79
	=	0.70

Azad Engineering (BOM:544061) 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%.

Azad Engineering Equity-to-Asset Related Terms

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

Azad Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Azad Engineering Ltd (BOM:544061) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

AZAD:India

Address

90/C, 90/D, Phase-1, I.D.A, Jeedimetla, Hyderabad, TG, IND, 500055

Website

https://www.azad.in

Azad Engineering Ltd is an original equipment manufacturer ('OEM') in the aerospace and defense, energy, and oil and gas industries, manufacturing engineered, complex, and mission and life-critical components. It manufactures complex and engineered precision-forged and machined components that are mission- and life-critical. The company's products include 3D rotating airfoil portions of turbine engines and other key products for combustion, hydraulics, flight-controls, propulsion, and actuation which power defence and civil aircrafts, spaceships, defence missiles, nuclear power, hydrogen, gas power, oil, and thermal power. Geographically, the company caters to both Indian and international markets of which, a majority of its revenue is generated outside India.

Azad Engineering Headlines

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