Homesfy Realty (NSE:HOMESFY) Equity-to-Asset : 0.81 (As of Mar. 2024)

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What is Homesfy Realty Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Homesfy Realty's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹392.9 Mil. Homesfy Realty's Total Assets for the quarter that ended in Mar. 2024 was ₹487.7 Mil. Therefore, Homesfy Realty's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.81.

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

NSE:HOMESFY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52 Med: 0.59 Max: 0.81
Current: 0.81

During the past 5 years, the highest Equity to Asset Ratio of Homesfy Realty was 0.81. The lowest was 0.52. And the median was 0.59.

NSE:HOMESFY's Equity-to-Asset is ranked better than
87.45% of 1832 companies
in the Real Estate industry
Industry Median: 0.44 vs NSE:HOMESFY: 0.81

Homesfy Realty Equity-to-Asset Historical Data

The historical data trend for Homesfy Realty'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.

Homesfy Realty Equity-to-Asset Chart

Homesfy Realty Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

0.55

0.52

0.59

0.74

0.81

Homesfy Realty Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Equity-to-Asset	0.55	0.52	0.59	0.74	0.81

Competitive Comparison of Homesfy Realty's Equity-to-Asset

For the Real Estate Services subindustry, Homesfy Realty'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.

Homesfy Realty's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Homesfy Realty's Equity-to-Asset distribution charts can be found below:

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

Homesfy Realty 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.

Homesfy Realty'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
	=	392.896	/	487.715
	=	0.81

Homesfy Realty'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
	=	392.896	/	487.715
	=	0.81

Homesfy Realty (NSE:HOMESFY) 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%.

Homesfy Realty Equity-to-Asset Related Terms

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

Homesfy Realty (NSE:HOMESFY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Homesfy Realty Ltd (NSE:HOMESFY) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1602, 16th Floor, Dev Corpora, Near Cadbury Junction, Thane, MH, IND, 400601

Website

https://www.homesfy.in

Homesfy Realty Ltd is engaged in providing real estate broking services to Real Estate Developers, retail buyers/sellers, and investors for residential and commercial space. It deals in newly constructed properties, whereby it assists Real Estate Developers in selling and potential customers in purchasing the properties. The company operates its business through direct selling from its in-house sales team and Direct Selling Agent listed on mymagnet platform for referral services.

Homesfy Realty (NSE:HOMESFY) Headlines

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