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Sodhani Academy of Fintech Enablers (BOM:544257) Equity-to-Asset : 0.96 (As of Sep. 2024)


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What is Sodhani Academy of Fintech Enablers Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sodhani Academy of Fintech Enablers's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹122.33 Mil. Sodhani Academy of Fintech Enablers's Total Assets for the quarter that ended in Sep. 2024 was ₹127.62 Mil. Therefore, Sodhani Academy of Fintech Enablers's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.96.

The historical rank and industry rank for Sodhani Academy of Fintech Enablers's Equity-to-Asset or its related term are showing as below:

BOM:544257' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.91   Med: 0.95   Max: 0.99
Current: 0.96

During the past 4 years, the highest Equity to Asset Ratio of Sodhani Academy of Fintech Enablers was 0.99. The lowest was 0.91. And the median was 0.95.

BOM:544257's Equity-to-Asset is ranked better than
98.69% of 1068 companies
in the Business Services industry
Industry Median: 0.52 vs BOM:544257: 0.96

Sodhani Academy of Fintech Enablers Equity-to-Asset Historical Data

The historical data trend for Sodhani Academy of Fintech Enablers'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.

Sodhani Academy of Fintech Enablers Equity-to-Asset Chart

Sodhani Academy of Fintech Enablers Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
0.91 0.93 0.95 0.99

Sodhani Academy of Fintech Enablers Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Equity-to-Asset Get a 7-Day Free Trial 0.93 0.95 - 0.99 0.96

Competitive Comparison of Sodhani Academy of Fintech Enablers's Equity-to-Asset

For the Specialty Business Services subindustry, Sodhani Academy of Fintech Enablers'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.


Sodhani Academy of Fintech Enablers's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sodhani Academy of Fintech Enablers's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Sodhani Academy of Fintech Enablers's Equity-to-Asset falls into.



Sodhani Academy of Fintech Enablers 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.

Sodhani Academy of Fintech Enablers'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
=65.622/66.004
=0.99

Sodhani Academy of Fintech Enablers'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
=122.326/127.623
=0.96

* 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.


Sodhani Academy of Fintech Enablers  (BOM:544257) 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%.


Sodhani Academy of Fintech Enablers Equity-to-Asset Related Terms

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Sodhani Academy of Fintech Enablers Business Description

Traded in Other Exchanges
N/A
Address
P No. C373, First Floor, C Block, Vaishali Nagar, Jaipur, RJ, IND, 302021
Sodhani Academy of Fintech Enablers Ltd is engaged in the business of providing training, consultancy and learning services. Its focus is area of service delivery that has been under the domain of financial literacy and awareness. The company's business segment is Training and Learning.

Sodhani Academy of Fintech Enablers Headlines

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