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Shahjibazar Power CoDHA:SPCL -0.17%96 Equity-to-Asset is 0.47 as of Mar. 2026, which is 13% below its 10-year median of 0.54. GuruFocus rates DHA:SPCL with a GF Score™ of 96/100 and a GF Value™ of BDT58.02 (Fairly Valued). The stock has 7 warning signs investors should review. Among 455 Utilities - Independent Power Producers companies, Shahjibazar Power Co ranks better than 58.46% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shahjibazar Power Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was BDT7,767 Mil. Shahjibazar Power Co's Total Assets for the quarter that ended in Mar. 2026 was BDT16,644 Mil.
Therefore, Shahjibazar Power Co's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.47.
The historical rank and industry rank for Shahjibazar Power Co's Equity-to-Asset or its related term are showing as below:
DHA:SPCL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43 Med: 0.54 Max: 0.64
Current: 0.47
During the past 10 years, the highest Equity to Asset Ratio of Shahjibazar Power Co was 0.64. The lowest was 0.43. And the median was 0.54.
DHA:SPCL's Equity-to-Asset is ranked better than 58.46% of 455
companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.41
vs DHA:SPCL: 0.47
Shahjibazar Power Co (DHA:SPCL) 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%.
Shahjibazar Power Co Equity-to-Asset Related Terms
Shahjibazar Power Co Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Shahjibazar Power Co'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.
DHA:SPCL vs CEG, VST, NRG: Equity-to-Asset Comparison
For the Utilities - Independent Power Producers subindustry, Shahjibazar Power Co'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.
Shahjibazar Power Co Equity-to-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Shahjibazar Power Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Shahjibazar Power Co's Equity-to-Asset falls into.
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.
Shahjibazar Power Co's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
Shahjibazar Power Co (DHA:SPCL) has a Equity-to-Asset of 0.47 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Shahjibazar Power Co and its competitors. This is 13% below median its historical median of 0.54. Over the past decade, Shahjibazar Power Co's Equity-to-Asset has ranged from 0.43 to 0.64. According to the industry distribution chart, Shahjibazar Power Co ranks #189 out of 455 companies in the Utilities - Independent Power Producers industry, placing it in the top 41.5%.
Is Shahjibazar Power Co's Equity-to-Asset too high?
Shahjibazar Power Co's current Equity-to-Asset of 0.47 is 13% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 0.64. The Utilities - Independent Power Producers industry median Equity-to-Asset is 0.41. Shahjibazar Power Co's value of 0.47 is 14.6% above this industry median. Based on the distribution chart, Shahjibazar Power Co ranks #189 out of 455 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Shahjibazar Power Co has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shahjibazar Power Co's Equity-to-Asset compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Shahjibazar Power Co ranks #189 out of 455 companies for Equity-to-Asset. This puts Shahjibazar Power Co in the upper half of its industry. The industry median Equity-to-Asset is 0.41. Shahjibazar Power Co's value of 0.47 is 14.6% above this benchmark. Historically, Shahjibazar Power Co's own Equity-to-Asset has ranged from 0.43 to 0.64 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.41, Shahjibazar Power Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Utilities - Independent Power Producers company?
The median Equity-to-Asset among Utilities - Independent Power Producers companies is 0.41, based on 455 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shahjibazar Power Co's current Equity-to-Asset of 0.47 is 14.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Shahjibazar Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median Equity-to-Asset is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shahjibazar Power Co's current Equity-to-Asset is 0.47, which is 13% below median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shahjibazar Power Co stock overvalued right now?
Based on GuruFocus' analysis, Shahjibazar Power Co (DHA:SPCL) is currently considered Fairly Valued. The stock's GF Value™ is BDT58.02, compared to a current price of BDT58.00 — trading 0% below its estimated fair value. The current Equity-to-Asset is 0.47, which is 13% below median its 10-year median of 0.54 and 14.6% above the Utilities - Independent Power Producers industry median of 0.41. Shahjibazar Power Co's overall GF Score™ is 96/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Shahjibazar Power Co (DHA:SPCL), the current Equity-to-Asset is 0.47 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Shahjibazar Power Co (DHA:SPCL) Overvalued in 2026?
Based on GuruFocus' analysis, Shahjibazar Power Co stock appears to be undervalued.
The current stock price of BDT58.00 is trading 0% below its estimated GF Value™ of BDT58.02.
GuruFocus considers Shahjibazar Power Co to be Fairly Valued.
Key valuation signals for DHA:SPCL:
Equity-to-Asset: 0.47 (13% below median its 10-year median of 0.54)
GF Value™: BDT58.02 vs. price of BDT58.00 (0% below fair value)
Industry Position: 14.6% above the Utilities - Independent Power Producers median (#189 of 455)
No single metric tells the full story. See the DHA:SPCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shahjibazar Power Co Ltd generates and supplies electricity in Bangladesh. It is engaged in the production and supply of petroleum products like liquid petroleum gas, special boiling point solvent, mineral turpentine, high-speed diesel, octane, kerosene, and fuel gas to the Bangladesh Petroleum Corporation (BPC). It generates revenue from only power generation.
96GF Score
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