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Divine Power EnergyNSE:DPEL +0.91%43 Equity-to-Asset is 0.38 as of Mar. 2026, which is 36% above its 10-year median of 0.28. GuruFocus rates NSE:DPEL with a GF Score™ of 43/100. The stock has 6 warning signs investors should review. Among 3,090 Industrial Products companies, Divine Power Energy ranks worse than 78.19% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Divine Power Energy's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹1,291 Mil. Divine Power Energy's Total Assets for the quarter that ended in Mar. 2026 was ₹3,370 Mil.
Therefore, Divine Power Energy's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.38.
The historical rank and industry rank for Divine Power Energy's Equity-to-Asset or its related term are showing as below:
NSE:DPEL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19 Med: 0.28 Max: 0.47
Current: 0.38
During the past 6 years, the highest Equity to Asset Ratio of Divine Power Energy was 0.47. The lowest was 0.19. And the median was 0.28.
NSE:DPEL's Equity-to-Asset is ranked worse than 78.19% of 3090
companies
in the Industrial Products industry
Industry Median: 0.56
vs NSE:DPEL: 0.38
Divine Power Energy (NSE:DPEL) 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%.
Divine Power Energy Equity-to-Asset Related Terms
Divine Power Energy Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Divine Power Energy'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.
For the Electrical Equipment & Parts subindustry, Divine Power Energy'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.
Divine Power Energy Equity-to-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Divine Power Energy's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Divine Power Energy'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.
Divine Power Energy'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.
Divine Power Energy (NSE:DPEL) has a Equity-to-Asset of 0.38 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Divine Power Energy and its competitors. This is 36% above median its historical median of 0.28. Over the past decade, Divine Power Energy's Equity-to-Asset has ranged from 0.19 to 0.47. According to the industry distribution chart, Divine Power Energy ranks #2416 out of 3090 companies in the Industrial Products industry, placing it in the top 78.2%.
Is Divine Power Energy's Equity-to-Asset too high?
Divine Power Energy's current Equity-to-Asset of 0.38 is 36% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.47. The Industrial Products industry median Equity-to-Asset is 0.56. Divine Power Energy's value of 0.38 is 32.1% below this industry median. Based on the distribution chart, Divine Power Energy ranks #2416 out of 3090 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Divine Power Energy has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Divine Power Energy's Equity-to-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Divine Power Energy ranks #2416 out of 3090 companies for Equity-to-Asset. This places Divine Power Energy in the lower half of its industry. The industry median Equity-to-Asset is 0.56. Divine Power Energy's value of 0.38 is 32.1% below this benchmark. Historically, Divine Power Energy's own Equity-to-Asset has ranged from 0.19 to 0.47 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.56, Divine Power Energy has consistently been below 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 Industrial Products company?
The median Equity-to-Asset among Industrial Products companies is 0.56, based on 3,090 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. Divine Power Energy's current Equity-to-Asset of 0.38 is 32.1% below 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 Divine Power Energy and its competitors. For the Industrial Products industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Divine Power Energy's current Equity-to-Asset is 0.38, which is 36% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Divine Power Energy stock overvalued right now?
Divine Power Energy (NSE:DPEL) has a current Equity-to-Asset of 0.38. The current Equity-to-Asset is 0.38, which is 36% above median its 10-year median of 0.28 and 32.1% below the Industrial Products industry median of 0.56. Divine Power Energy's overall GF Score™ is 43/100 with 6 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 Divine Power Energy (NSE:DPEL), the current Equity-to-Asset is 0.38 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.
Divine Power Energy Ltd manufactures electrical conductors, wires, and strips used in the power and transformer industries. The company produces bare and winding copper and aluminum wires/strips insulated with materials like paper, cotton, and fiberglass, critical inputs for transformer manufacturers and power distribution companies. Located in Sahibabad, Ghaziabad, the company sources raw materials from top suppliers such as NALCO and Hindalco, serving sectors including solar and automobile ancillaries.
43GF Score
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