Synoptics Technologies (NSE:SYNOPTICS) Equity-to-Asset : 0.44 (As of Mar. 2022)

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What is Synoptics Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Synoptics Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2022 was ₹187.7 Mil. Synoptics Technologies's Total Assets for the quarter that ended in Mar. 2022 was ₹428.0 Mil. Therefore, Synoptics Technologies's Equity to Asset Ratio for the quarter that ended in Mar. 2022 was 0.44.

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

NSE:SYNOPTICS's Equity-to-Asset is not ranked ^*
in the Software industry.
Industry Median: 0.55
* Ranked among companies with meaningful Equity-to-Asset only.

Synoptics Technologies Equity-to-Asset Historical Data

The historical data trend for Synoptics Technologies'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.

Synoptics Technologies Equity-to-Asset Chart

Synoptics Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Equity-to-Asset

0.36

0.38

0.44

Synoptics Technologies Semi-Annual Data
	Mar20	Mar21	Mar22
Equity-to-Asset	0.36	0.38	0.44

Competitive Comparison of Synoptics Technologies's Equity-to-Asset

For the Information Technology Services subindustry, Synoptics 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.

Synoptics Technologies's Equity-to-Asset Distribution in the Software Industry

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

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

Synoptics Technologies 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.

Synoptics Technologies's Equity to Asset Ratio for the fiscal year that ended in Mar. 2022 is calculated as

Equity to Asset (A: Mar. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	187.685	/	427.98
	=	0.44

Synoptics Technologies's Equity to Asset Ratio for the quarter that ended in Mar. 2022 is calculated as

Equity to Asset (Q: Mar. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	187.685	/	427.98
	=	0.44

Synoptics Technologies (NSE:SYNOPTICS) 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%.

Synoptics Technologies Equity-to-Asset Related Terms

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Synoptics Technologies (NSE:SYNOPTICS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Synoptics Technologies Ltd (NSE:SYNOPTICS) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

301, A-Wing, 3rd Floor, Interface 16, Mindspace, Malad (West), Mumbai, MH, IND, 400064

Website

https://synoptics.co.in

Synoptics Technologies Ltd is an IT Services company offering solutions in the areas of IT Infrastructure like connectivity to the Branches, Supply, implementation and support of the network equipment needed to run the IT setup like routers, switches, etc. The company designs the solution for customers who need to put their applications on Cloud. It helps with the application migration and manages the setup in the cloud. It aims to reduce the Total Cost of Ownership (TCO) and increase Return on Investment (RoI) for its customers to adopt any kind of Digital Transformation use case with its technology-led and innovation-driven approach.

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