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BAG ConvergenceNSE:BAGDIGITAL -0.94%22 Equity-to-Asset is 0.75 as of Mar. 2026, which is 67% above its 10-year median of 0.45. GuruFocus rates NSE:BAGDIGITAL with a GF Score™ of 22/100. The stock has 4 warning signs investors should review. Among 568 Interactive Media companies, BAG Convergence ranks better than 67.78% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BAG Convergence's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹769.3 Mil. BAG Convergence's Total Assets for the quarter that ended in Mar. 2026 was ₹1,024.1 Mil.
Therefore, BAG Convergence's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.75.
The historical rank and industry rank for BAG Convergence's Equity-to-Asset or its related term are showing as below:
NSE:BAGDIGITAL'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.08 Med: 0.45 Max: 0.75
Current: 0.75
During the past 4 years, the highest Equity to Asset Ratio of BAG Convergence was 0.75. The lowest was -0.08. And the median was 0.45.
NSE:BAGDIGITAL's Equity-to-Asset is ranked better than 67.78% of 568
companies
in the Interactive Media industry
Industry Median: 0.64
vs NSE:BAGDIGITAL: 0.75
BAG Convergence (NSE:BAGDIGITAL) 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%.
BAG Convergence Equity-to-Asset Related Terms
BAG Convergence Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for BAG Convergence'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.
BAG Convergence Equity-to-Asset Chart
BAG Convergence Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Equity-to-Asset
-0.08
0.39
0.51
0.75
BAG Convergence Semi-Annual Data
Mar23
Mar24
Mar25
Mar26
Equity-to-Asset
-0.08
0.39
0.51
0.75
NSE:BAGDIGITAL vs GOOGL, META, SPOT: Equity-to-Asset Comparison
For the Internet Content & Information subindustry, BAG Convergence'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.
BAG Convergence Equity-to-Asset vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, BAG Convergence's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where BAG Convergence'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.
BAG Convergence's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 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.
BAG Convergence (NSE:BAGDIGITAL) has a Equity-to-Asset of 0.75 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on BAG Convergence and its competitors. This is 67% above median its historical median of 0.45. According to the industry distribution chart, BAG Convergence ranks #183 out of 568 companies in the Interactive Media industry, placing it in the top 32.2%.
Is BAG Convergence's Equity-to-Asset too high?
BAG Convergence's current Equity-to-Asset of 0.75 is 67% above median its 10-year median of 0.45. The Interactive Media industry median Equity-to-Asset is 0.64. BAG Convergence's value of 0.75 is 17.2% above this industry median. Based on the distribution chart, BAG Convergence ranks #183 out of 568 companies in the Interactive Media industry, which is above the industry midpoint. Overall, BAG Convergence has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does BAG Convergence's Equity-to-Asset compare to GOOGL and META?
According to the Interactive Media industry distribution chart, BAG Convergence ranks #183 out of 568 companies for Equity-to-Asset. This puts BAG Convergence in the upper half of its industry. The industry median Equity-to-Asset is 0.64. BAG Convergence's value of 0.75 is 17.2% above this benchmark. While the company's 10-year median is 0.45 vs. the industry median of 0.64, BAG Convergence 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 Interactive Media company?
The median Equity-to-Asset among Interactive Media companies is 0.64, based on 568 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. BAG Convergence's current Equity-to-Asset of 0.75 is 17.2% 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 BAG Convergence and its competitors. For the Interactive Media industry, the median Equity-to-Asset is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BAG Convergence's current Equity-to-Asset is 0.75, which is 67% above median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BAG Convergence stock overvalued right now?
BAG Convergence (NSE:BAGDIGITAL) has a current Equity-to-Asset of 0.75. The current Equity-to-Asset is 0.75, which is 67% above median its 10-year median of 0.45 and 17.2% above the Interactive Media industry median of 0.64. BAG Convergence's overall GF Score™ is 22/100 with 4 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 BAG Convergence (NSE:BAGDIGITAL), the current Equity-to-Asset is 0.75 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.
BAG Convergence Ltd is engaged in the business of convergence of traditional media to digital media and renders technical assistance to TV channels, along with services related to website maintenance. The company is involved in content creation on digital platforms across News, Entertainment, Sports, Religious, and other segments, operating through websites, social media platforms including YouTube, Facebook, Instagram, and X, as well as Connected TV on Samsung Plus, LG, Xiaomi, and Waves-Prasar Bharti. Its clients include News24 Hindi, News24 English, E24, ISOMES, and BAG.
22GF Score
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