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MAS Financial Services (NSE:MASFIN) Equity-to-Asset : 0.19 (As of Mar. 2024)


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What is MAS Financial Services Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MAS Financial Services's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹17,827 Mil. MAS Financial Services's Total Assets for the quarter that ended in Mar. 2024 was ₹95,473 Mil. Therefore, MAS Financial Services's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.19.

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

NSE:MASFIN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.2   Max: 0.27
Current: 0.19

During the past 13 years, the highest Equity to Asset Ratio of MAS Financial Services was 0.27. The lowest was 0.08. And the median was 0.20.

NSE:MASFIN's Equity-to-Asset is ranked worse than
71.64% of 543 companies
in the Credit Services industry
Industry Median: 0.38 vs NSE:MASFIN: 0.19

MAS Financial Services Equity-to-Asset Historical Data

The historical data trend for MAS Financial Services'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.

MAS Financial Services Equity-to-Asset Chart

MAS Financial Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.22 0.21 0.19 0.19

MAS Financial Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 - 0.18 - 0.19

Competitive Comparison of MAS Financial Services's Equity-to-Asset

For the Credit Services subindustry, MAS Financial Services'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.


MAS Financial Services's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, MAS Financial Services's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where MAS Financial Services's Equity-to-Asset falls into.



MAS Financial Services 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.

MAS Financial Services'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
=17827.1/95473.4
=0.19

MAS Financial Services'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
=17827.1/95473.4
=0.19

* 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.


MAS Financial Services  (NSE:MASFIN) 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%.


MAS Financial Services Equity-to-Asset Related Terms

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


MAS Financial Services (NSE:MASFIN) Business Description

Traded in Other Exchanges
Address
Ashram Road, 6, Narayan Chambers, Ground Floor, Behind Patang Hotel, Nehru Bridge Corner, Ahmedabad, GJ, IND, 380 009
MAS Financial Services Ltd operates as a non-banking financial company. It is mainly in the retail business, comprising Micro, small, and medium enterprises, two-wheelers, three-wheelers and multi-utility vehicles loans to individual borrowers and loans to microfinance institutions and other non-banking financial companies. It focuses on the lower-income and middle-income groups of society, spread across urban, semi-urban, and rural areas, including formal and informal sectors.

MAS Financial Services (NSE:MASFIN) Headlines

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