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Deccan Transcon Leasing (NSE:DECCANTRAN) Equity-to-Asset : 0.42 (As of Mar. 2024)


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What is Deccan Transcon Leasing Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Deccan Transcon Leasing's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹322 Mil. Deccan Transcon Leasing's Total Assets for the quarter that ended in Mar. 2024 was ₹772 Mil. Therefore, Deccan Transcon Leasing's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.42.

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

NSE:DECCANTRAN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2   Med: 0.34   Max: 0.42
Current: 0.42

During the past 4 years, the highest Equity to Asset Ratio of Deccan Transcon Leasing was 0.42. The lowest was 0.20. And the median was 0.34.

NSE:DECCANTRAN's Equity-to-Asset is ranked worse than
60.8% of 1000 companies
in the Transportation industry
Industry Median: 0.5 vs NSE:DECCANTRAN: 0.42

Deccan Transcon Leasing Equity-to-Asset Historical Data

The historical data trend for Deccan Transcon Leasing'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.

Deccan Transcon Leasing Equity-to-Asset Chart

Deccan Transcon Leasing Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
0.20 0.31 0.38 0.42

Deccan Transcon Leasing Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Equity-to-Asset 0.20 0.31 0.38 0.42

Competitive Comparison of Deccan Transcon Leasing's Equity-to-Asset

For the Integrated Freight & Logistics subindustry, Deccan Transcon Leasing'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.


Deccan Transcon Leasing's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Deccan Transcon Leasing's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Deccan Transcon Leasing's Equity-to-Asset falls into.


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Deccan Transcon Leasing 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.

Deccan Transcon Leasing's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=322.13/772.158
=0.42

Deccan Transcon Leasing's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=322.13/772.158
=0.42

* 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.


Deccan Transcon Leasing  (NSE:DECCANTRAN) 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%.


Deccan Transcon Leasing Equity-to-Asset Related Terms

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Deccan Transcon Leasing Business Description

Traded in Other Exchanges
N/A
Address
Image Garden Road, Suite No 507, 5th floor, Image Capital Park, Madhapur, Shaikpet, Hyderabad, TG, IND, 500081
Deccan Transcon Leasing Ltd is engaged in end-to-end solutions for freight & shipping services which include domestic logistic of tank containers, Tank fleet management solution, custom clearance and transportation, Non-Vessel Operating Common Carriers (NVOCC) services. It is mainly engaged in providing tank containers on lease and logistic & supply chain solutions to clients in various sectors and specializes in the transportation of bulk liquids and hazardous chemicals, utilizing tank containers as a mode of transport.

Deccan Transcon Leasing Headlines

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