Lytus Technologies Holdings Pvt (Lytus Technologies Holdings Pvt) Equity-to-Asset : 0.27 (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Lytus Technologies Holdings Pvt Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lytus Technologies Holdings Pvt's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $8.22 Mil. Lytus Technologies Holdings Pvt's Total Assets for the quarter that ended in Sep. 2023 was $30.74 Mil.

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

LYT' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.02 Med: 0.14 Max: 0.31
Current: 0.27

During the past 5 years, the highest Equity to Asset Ratio of Lytus Technologies Holdings Pvt was 0.31. The lowest was -0.02. And the median was 0.14.

LYT's Equity-to-Asset is ranked worse than
79.58% of 2850 companies
in the Software industry
Industry Median: 0.55 vs LYT: 0.27

Lytus Technologies Holdings Pvt Equity-to-Asset Historical Data

The historical data trend for Lytus Technologies Holdings Pvt'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.

Lytus Technologies Holdings Pvt Equity-to-Asset Chart

Lytus Technologies Holdings Pvt Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

-0.02

0.14

0.31

Lytus Technologies Holdings Pvt Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Sep21	Dec21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial						0.15	0.14	0.26	0.31	0.27

Competitive Comparison of Lytus Technologies Holdings Pvt's Equity-to-Asset

For the Software - Application subindustry, Lytus Technologies Holdings Pvt'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.

Lytus Technologies Holdings Pvt's Equity-to-Asset Distribution in the Software Industry

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

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

Lytus Technologies Holdings Pvt 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.

Lytus Technologies Holdings Pvt's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	8.206	/	26.886
	=	0.31

Lytus Technologies Holdings Pvt's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	8.22	/	30.739
	=

Lytus Technologies Holdings Pvt (NAS:LYT) 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%.

Lytus Technologies Holdings Pvt Equity-to-Asset Related Terms

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

Lytus Technologies Holdings Pvt (Lytus Technologies Holdings Pvt) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Lytus Technologies Holdings Pvt Ltd (NAS:LYT) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Meydan Hotel, Nad Al Sheba, Business Center 1, M Floor, Dubai, ARE

Website

https://www.lytuscorp.com

Lytus Technologies Holdings Pvt Ltd is a platform services company primarily providing content streaming/telecasting services to users located all across India. Its scope of business also covers telemedicine services with local assistance through local Health Centers. Through its platform, the customers are well connected via customer premises equipment (CPE) devices/set-top boxes (STBs) and have access to multi-dimensional services including telemedicine service.