Australian Premium Solar (India) (NSE:APS) Equity-to-Asset : 0.37 (As of Mar. 2023)

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What is Australian Premium Solar (India) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Australian Premium Solar (India)'s Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹144.7 Mil. Australian Premium Solar (India)'s Total Assets for the quarter that ended in Mar. 2023 was ₹391.9 Mil. Therefore, Australian Premium Solar (India)'s Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.37.

The historical rank and industry rank for Australian Premium Solar (India)'s Equity-to-Asset or its related term are showing as below:

NSE:APS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24 Med: 0.32 Max: 0.37
Current: 0.37

During the past 3 years, the highest Equity to Asset Ratio of Australian Premium Solar (India) was 0.37. The lowest was 0.24. And the median was 0.32.

NSE:APS's Equity-to-Asset is ranked worse than
81.92% of 1001 companies
in the Semiconductors industry
Industry Median: 0.63 vs NSE:APS: 0.37

Australian Premium Solar (India) Equity-to-Asset Historical Data

The historical data trend for Australian Premium Solar (India)'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.

Australian Premium Solar (India) Equity-to-Asset Chart

Australian Premium Solar (India) Annual Data

Trend

Mar21

Mar22

Mar23

Equity-to-Asset

0.24

0.32

0.37

Australian Premium Solar (India) Semi-Annual Data
	Mar21	Mar22	Mar23
Equity-to-Asset	0.24	0.32	0.37

Competitive Comparison of Australian Premium Solar (India)'s Equity-to-Asset

For the Solar subindustry, Australian Premium Solar (India)'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.

Australian Premium Solar (India)'s Equity-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Australian Premium Solar (India)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Australian Premium Solar (India)'s Equity-to-Asset falls into.

Australian Premium Solar (India) 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.

Australian Premium Solar (India)'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
	=	144.662	/	391.89
	=	0.37

Australian Premium Solar (India)'s Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	144.662	/	391.89
	=	0.37

Australian Premium Solar (India) (NSE:APS) 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%.

Australian Premium Solar (India) Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Australian Premium Solar (India)'s Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Australian Premium Solar (India) (NSE:APS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Australian Premium Solar (India) Ltd (NSE:APS) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Australian Premium Solar (India) Ltd is engaged in the manufacturing of Solar Panels and EPC Services of solar systems. It manufactures two types of solar panels: (i) Monocrystalline Solar Panel; and (ii) Polycrystalline Solar Panel. It also provide installation services for solar panels and solar pumps. Majority of the revenue is generated from manufacturing of solar panels.

Australian Premium Solar (India) (NSE:APS) Headlines

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