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.
The historical rank and industry rank for Swan Defence and Heavy Industries's Equity-to-Asset or its related term are showing as below:
NSE:SWANDEF'
s Equity-to-Asset Range Over the Past 10 Years
Min: -4.65 Med: 0.03 Max: 0.2
Current: 0.02
During the past 13 years, the highest Equity to Asset Ratio of Swan Defence and Heavy Industries was 0.20. The lowest was -4.65. And the median was 0.03.
NSE:SWANDEF's Equity-to-Asset is ranked worse than 95.03% of 362
companies
in the Aerospace & Defense industry
Industry Median: 0.51
vs NSE:SWANDEF: 0.02
Swan Defence and Heavy Industries (NSE:SWANDEF) 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%.
Swan Defence and Heavy Industries Equity-to-Asset Related Terms
Swan Defence and Heavy Industries 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.
Swan Defence and Heavy Industries Equity-to-Asset Chart
NSE:SWANDEF vs SPCX, GE, RTX: Equity-to-Asset Comparison
For the Aerospace & Defense subindustry, Swan Defence and Heavy Industries'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.
Swan Defence and Heavy Industries Equity-to-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Swan Defence and Heavy Industries's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Swan Defence and Heavy Industries's Equity-to-Asset falls into.
Swan Defence and Heavy Industries 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.
* 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.
Swan Defence and Heavy Industries (NSE:SWANDEF) has a Equity-to-Asset of 0.02 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Swan Defence and Heavy Industries and its competitors. This is 33% below median its historical median of 0.03. According to the industry distribution chart, Swan Defence and Heavy Industries ranks #344 out of 362 companies in the Aerospace & Defense industry, placing it in the top 95%.
Is Swan Defence and Heavy Industries' Equity-to-Asset too high?
Swan Defence and Heavy Industries' current Equity-to-Asset of 0.02 is 33% below median its 10-year median of 0.03. The Aerospace & Defense industry median Equity-to-Asset is 0.51. Swan Defence and Heavy Industries' value of 0.02 is 96.1% below this industry median. Based on the distribution chart, Swan Defence and Heavy Industries ranks #344 out of 362 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Swan Defence and Heavy Industries has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Swan Defence and Heavy Industries' Equity-to-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Swan Defence and Heavy Industries ranks #344 out of 362 companies for Equity-to-Asset. This places Swan Defence and Heavy Industries in the lower half of its industry. The industry median Equity-to-Asset is 0.51. Swan Defence and Heavy Industries' value of 0.02 is 96.1% below this benchmark. While the company's 10-year median is 0.03 vs. the industry median of 0.51, Swan Defence and Heavy Industries 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 an Aerospace & Defense company?
The median Equity-to-Asset among Aerospace & Defense companies is 0.51, based on 362 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. Swan Defence and Heavy Industries's current Equity-to-Asset of 0.02 is 96.1% 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 Swan Defence and Heavy Industries and its competitors. For the Aerospace & Defense industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swan Defence and Heavy Industries's current Equity-to-Asset is 0.02, which is 33% below median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swan Defence and Heavy Industries stock overvalued right now?
Based on GuruFocus' analysis, Swan Defence and Heavy Industries (NSE:SWANDEF) is currently considered Possible Value Trap. The stock's GF Value™ is ₹12,189.23, compared to a current price of ₹2,551.50 — trading 79.1% below its estimated fair value. The current Equity-to-Asset is 0.02, which is 33% below median its 10-year median of 0.03 and 96.1% below the Aerospace & Defense industry median of 0.51. Swan Defence and Heavy Industries' overall GF Score™ is 33/100 with 6 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 Swan Defence and Heavy Industries (NSE:SWANDEF), the current Equity-to-Asset is 0.02 as of Mar. 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 Swan Defence and Heavy Industries (NSE:SWANDEF) Overvalued in 2026?
Based on GuruFocus' analysis, Swan Defence and Heavy Industries stock appears to be undervalued.
The current stock price of ₹2,551.50 is trading 79.1% below its estimated GF Value™ of ₹12,189.23.
GuruFocus considers Swan Defence and Heavy Industries to be Possible Value Trap.
Key valuation signals for NSE:SWANDEF:
Equity-to-Asset: 0.02 (33% below median its 10-year median of 0.03)
GF Value™: ₹12,189.23 vs. price of ₹2,551.50 (79.1% below fair value)
Industry Position: 96.1% below the Aerospace & Defense median (#344 of 362)
No single metric tells the full story. See the NSE:SWANDEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swan Defence and Heavy Industries Ltd is mainly engaged in the construction of vessels, repairs, and refits of ships and rigs, and heavy engineering. The company has developed an integrated shipbuilding, ship and rig repair and conversion, ship production, offshore construction, and heavy engineering facility in Gujarat. The company has a large shipbuilding/repair infrastructure in India including the Dry Dock.
33GF Score
Get the complete analysis for NSE:SWANDEF
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:SWANDEF has been successfully added to your 
