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Divgi TorqTransfer Systems (NSE:DIVGIITTS) Equity-to-Asset : 0.91 (As of Sep. 2024)


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What is Divgi TorqTransfer Systems Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Divgi TorqTransfer Systems's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹5,861 Mil. Divgi TorqTransfer Systems's Total Assets for the quarter that ended in Sep. 2024 was ₹6,440 Mil. Therefore, Divgi TorqTransfer Systems's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.91.

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

NSE:DIVGIITTS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.69   Med: 0.85   Max: 0.91
Current: 0.91

During the past 5 years, the highest Equity to Asset Ratio of Divgi TorqTransfer Systems was 0.91. The lowest was 0.69. And the median was 0.85.

NSE:DIVGIITTS's Equity-to-Asset is ranked better than
98.18% of 1318 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs NSE:DIVGIITTS: 0.91

Divgi TorqTransfer Systems Equity-to-Asset Historical Data

The historical data trend for Divgi TorqTransfer Systems'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.

Divgi TorqTransfer Systems Equity-to-Asset Chart

Divgi TorqTransfer Systems Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
0.69 0.82 0.84 0.86 0.91

Divgi TorqTransfer Systems Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.86 - 0.91 - 0.91

Competitive Comparison of Divgi TorqTransfer Systems's Equity-to-Asset

For the Auto Parts subindustry, Divgi TorqTransfer Systems'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.


Divgi TorqTransfer Systems's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Divgi TorqTransfer Systems's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Divgi TorqTransfer Systems's Equity-to-Asset falls into.



Divgi TorqTransfer Systems 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.

Divgi TorqTransfer Systems'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
=5803.43/6413.9
=0.90

Divgi TorqTransfer Systems's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=5860.81/6439.84
=0.91

* 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.


Divgi TorqTransfer Systems  (NSE:DIVGIITTS) 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%.


Divgi TorqTransfer Systems Equity-to-Asset Related Terms

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Divgi TorqTransfer Systems Business Description

Traded in Other Exchanges
Address
MIDC, Bhosari, Plot No. 75, General Block, Pune, MH, IND, 411026
Divgi TorqTransfer Systems Ltd is engaged in the business as an automotive component entity. It develops and provides system level transfer case, torque coupler and dual clutch automatic transmissions solutions. The Company operates only in one business segment viz. Auto Components and Parts. The secondary segment is based on geographical demarcation, i.e. domestic and exports.

Divgi TorqTransfer Systems Headlines

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