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Diensten Tech (NSE:DTL) Equity-to-Asset : 0.35 (As of Sep. 2024)


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What is Diensten Tech Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Diensten Tech's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹194.3 Mil. Diensten Tech's Total Assets for the quarter that ended in Sep. 2024 was ₹560.7 Mil. Therefore, Diensten Tech's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.35.

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

NSE:DTL' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.3   Med: 0.31   Max: 0.69
Current: 0.35

During the past 3 years, the highest Equity to Asset Ratio of Diensten Tech was 0.69. The lowest was -0.30. And the median was 0.31.

NSE:DTL's Equity-to-Asset is ranked worse than
72.45% of 2846 companies
in the Software industry
Industry Median: 0.55 vs NSE:DTL: 0.35

Diensten Tech Equity-to-Asset Historical Data

The historical data trend for Diensten Tech'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.

Diensten Tech Equity-to-Asset Chart

Diensten Tech Annual Data
Trend Mar21 Mar22 Mar23
Equity-to-Asset
-0.30 0.69 0.28

Diensten Tech Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Sep24
Equity-to-Asset -0.30 0.69 0.28 - 0.35

Competitive Comparison of Diensten Tech's Equity-to-Asset

For the Information Technology Services subindustry, Diensten Tech'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.


Diensten Tech's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Diensten Tech's Equity-to-Asset distribution charts can be found below:

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


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Diensten Tech 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.

Diensten Tech'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
=42.505/150.481
=0.28

Diensten Tech'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
=194.343/560.748
=0.35

* 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.


Diensten Tech  (NSE:DTL) 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%.


Diensten Tech Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Diensten Tech's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Diensten Tech Business Description

Traded in Other Exchanges
N/A
Address
F3, Sector-3, Noida, UP, IND, 201302
Diensten Tech Ltd the business of Information Technology ('IT') professional resourcing, IT Consultancy, IT Training and Software AMC. It connect clients to individuals with a specific IT skill set, manage capacity across a team, or deliver in-house technology experts to take client project to full delivery. Diensten is providing technical consultancy, training, software services and other services to large corporates of the country, multinational companies, small and medium enterprises of diversified sectors.

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