Arihant Academy (NSE:ARIHANTACA) Equity-to-Asset : 0.58 (As of Sep. 2023)

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What is Arihant Academy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Arihant Academy's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹187.6 Mil. Arihant Academy's Total Assets for the quarter that ended in Sep. 2023 was ₹326.0 Mil. Therefore, Arihant Academy's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.58.

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

NSE:ARIHANTACA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22 Med: 0.45 Max: 0.7
Current: 0.58

During the past 4 years, the highest Equity to Asset Ratio of Arihant Academy was 0.70. The lowest was 0.22. And the median was 0.45.

NSE:ARIHANTACA's Equity-to-Asset is ranked better than
57.68% of 267 companies
in the Education industry
Industry Median: 0.52 vs NSE:ARIHANTACA: 0.58

Arihant Academy Equity-to-Asset Historical Data

The historical data trend for Arihant Academy'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.

Arihant Academy Equity-to-Asset Chart

Arihant Academy Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

0.22

0.35

0.45

0.70

Arihant Academy Quarterly Data
	Mar20	Mar21	Mar22	Sep22	Dec22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial			0.45	-	-	0.70	0.58

Competitive Comparison of Arihant Academy's Equity-to-Asset

For the Education & Training Services subindustry, Arihant Academy'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.

Arihant Academy's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Arihant Academy's Equity-to-Asset distribution charts can be found below:

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

Arihant Academy 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.

Arihant Academy'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
	=	196.54	/	280.473
	=	0.70

Arihant Academy'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
	=	187.552	/	325.952
	=	0.58

Arihant Academy (NSE:ARIHANTACA) 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%.

Arihant Academy Equity-to-Asset Related Terms

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Arihant Academy (NSE:ARIHANTACA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Arihant Academy Ltd (NSE:ARIHANTACA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Carter Road No. 3, Ground Floor, Triveni Sadan, Opposite Ambe Mata Temple, Borivali (East), Mumbai, MH, IND, 400 066

Website

https://www.arihantacademy.com

Arihant Academy Ltd is engaged in providing coaching services and parallel educational support in India. It is a coaching institute for SSC, ICSE, Science & Commerce, and also for entrance exams such as JEE (Main), JEE (Advanced) and MHT- CET (State level), NEET (National Level), MHT- CET (State Level, Maharashtra), CS and CA for the entry-level and second level exam. The company generates key revenue from coaching services. It provides a comprehensive range of coaching services to students across various fields: Secondary School Section (SSC, ICSE & CBSE BOARD) and Higher Secondary Section.

Arihant Academy (NSE:ARIHANTACA) Headlines

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