Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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%.
Happiest Minds Technologies Equity-to-Asset Related Terms
Happiest Minds Technologies Equity-to-Asset Historical Data
* 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.
NSE:HAPPSTMNDS vs IBM, ACN, CTSH: Equity-to-Asset Comparison
For the Information Technology Services subindustry, Happiest Minds Technologies'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.
Happiest Minds Technologies Equity-to-Asset vs Software Industry
For the Software industry and Technology sector, Happiest Minds Technologies's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Happiest Minds Technologies'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.
Happiest Minds Technologies'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.
Happiest Minds Technologies (NSE:HAPPSTMNDS) has a Equity-to-Asset of 0.47 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Happiest Minds Technologies and its competitors. This is 11% below median its historical median of 0.53. According to the industry distribution chart, Happiest Minds Technologies ranks #1718 out of 2894 companies in the Software industry, placing it in the top 59.4%.
Is Happiest Minds Technologies' Equity-to-Asset too high?
Happiest Minds Technologies' current Equity-to-Asset of 0.47 is 11% below median its 10-year median of 0.53. The Software industry median Equity-to-Asset is 0.55. Happiest Minds Technologies' value of 0.47 is 14.5% below this industry median. Based on the distribution chart, Happiest Minds Technologies ranks #1718 out of 2894 companies in the Software industry, which is below the industry midpoint. Overall, Happiest Minds Technologies has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Happiest Minds Technologies' Equity-to-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Happiest Minds Technologies ranks #1718 out of 2894 companies for Equity-to-Asset. This places Happiest Minds Technologies in the lower half of its industry. The industry median Equity-to-Asset is 0.55. Happiest Minds Technologies' value of 0.47 is 14.5% below this benchmark. While the company's 10-year median is 0.53 vs. the industry median of 0.55, Happiest Minds Technologies 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 a Software company?
The median Equity-to-Asset among Software companies is 0.55, based on 2,894 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. Happiest Minds Technologies's current Equity-to-Asset of 0.47 is 14.5% 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 Happiest Minds Technologies and its competitors. For the Software industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happiest Minds Technologies's current Equity-to-Asset is 0.47, which is 11% below median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happiest Minds Technologies stock overvalued right now?
Based on GuruFocus' analysis, Happiest Minds Technologies (NSE:HAPPSTMNDS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹885.50, compared to a current price of ₹325.60 — trading 63.2% below its estimated fair value. The current Equity-to-Asset is 0.47, which is 11% below median its 10-year median of 0.53 and 14.5% below the Software industry median of 0.55. Happiest Minds Technologies' overall GF Score™ is 69/100 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 Happiest Minds Technologies (NSE:HAPPSTMNDS), the current Equity-to-Asset is 0.47 as of Jun. 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.
Is Happiest Minds Technologies (NSE:HAPPSTMNDS) Overvalued in 2026?
Based on GuruFocus' analysis, Happiest Minds Technologies stock appears to be undervalued.
The current stock price of ₹325.60 is trading 63.2% below its estimated GF Value™ of ₹885.50.
GuruFocus considers Happiest Minds Technologies to be Significantly Undervalued.
Key valuation signals for NSE:HAPPSTMNDS:
Equity-to-Asset: 0.47 (11% below median its 10-year median of 0.53)
GF Value™: ₹885.50 vs. price of ₹325.60 (63.2% below fair value)
Industry Position: 14.5% below the Software median (#1718 of 2894)
No single metric tells the full story. See the NSE:HAPPSTMNDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Happiest Minds Technologies Ltd is an information technology (IT) company intended to deliver seamless customer experiences, business efficiency, and actionable insights to users. The company leverages a spectrum of disruptive technologies like artificial intelligence, blockchain, cloud, digital process automation, internet of things, robotics/drones, security, virtual/augmented reality, and more, enabling users in industry sectors like automotive, banking, financial services and insurance (BFSI), consumer packaged goods, e-commerce, edutech, engineering research and development (R&D), hi-tech, manufacturing, retail, and travel/transportation/hospitality to undergo digital transformation. Geographically, the company generates its key revenue from the United States of America.
69GF Score
Get the complete analysis for NSE:HAPPSTMNDS
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:HAPPSTMNDS has been successfully added to your 
