Kody Technolab (NSE:KODYTECH) Equity-to-Asset : 0.87 (As of Mar. 2024)

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What is Kody Technolab Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kody Technolab's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹371.1 Mil. Kody Technolab's Total Assets for the quarter that ended in Mar. 2024 was ₹427.2 Mil. Therefore, Kody Technolab's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.87.

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

NSE:KODYTECH' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.49 Med: -0.07 Max: 0.87
Current: 0.87

During the past 4 years, the highest Equity to Asset Ratio of Kody Technolab was 0.87. The lowest was -1.49. And the median was -0.07.

NSE:KODYTECH's Equity-to-Asset is ranked better than
92.81% of 2852 companies
in the Software industry
Industry Median: 0.55 vs NSE:KODYTECH: 0.87

Kody Technolab Equity-to-Asset Historical Data

The historical data trend for Kody Technolab'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.

Kody Technolab Equity-to-Asset Chart

Kody Technolab Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

-1.49

-0.46

0.32

0.87

Kody Technolab Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Equity-to-Asset	-1.49	-0.46	0.32	0.87

Competitive Comparison of Kody Technolab's Equity-to-Asset

For the Information Technology Services subindustry, Kody Technolab'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.

Kody Technolab's Equity-to-Asset Distribution in the Software Industry

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

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

Kody Technolab 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.

Kody Technolab'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
	=	371.068	/	427.181
	=	0.87

Kody Technolab'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
	=	371.068	/	427.181
	=	0.87

Kody Technolab (NSE:KODYTECH) 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%.

Kody Technolab Equity-to-Asset Related Terms

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

Kody Technolab (NSE:KODYTECH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kody Technolab Ltd (NSE:KODYTECH) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2nd Floor, Block-J, Safal Monde, Near Iscon Mall, Near Rajpathclub, S.G Highway, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.kodytechnolab.com

Kody Technolab Ltd is a company is in business of software development services to a diverse set of industries. It is a full stack development company that provides innovative and cutting-edge digital solutions to the clients. It specializes in helping businesses undergo Digital Transformation by leveraging the latest technologies and trends. They offer a wide range of services that include custom development, AI Consultation & Implementation, IOT Services, and IT consulting services.

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