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Tara Chand Infralogistic Solutions (NSE:TARACHAND) Equity-to-Asset : 0.37 (As of Mar. 2024)


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What is Tara Chand Infralogistic Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tara Chand Infralogistic Solutions's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹949 Mil. Tara Chand Infralogistic Solutions's Total Assets for the quarter that ended in Mar. 2024 was ₹2,570 Mil. Therefore, Tara Chand Infralogistic Solutions's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.37.

The historical rank and industry rank for Tara Chand Infralogistic Solutions's Equity-to-Asset or its related term are showing as below:

NSE:TARACHAND' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.28   Max: 0.37
Current: 0.37

During the past 12 years, the highest Equity to Asset Ratio of Tara Chand Infralogistic Solutions was 0.37. The lowest was 0.23. And the median was 0.28.

NSE:TARACHAND's Equity-to-Asset is ranked worse than
66.99% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.47 vs NSE:TARACHAND: 0.37

Tara Chand Infralogistic Solutions Equity-to-Asset Historical Data

The historical data trend for Tara Chand Infralogistic Solutions'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.

Tara Chand Infralogistic Solutions Equity-to-Asset Chart

Tara Chand Infralogistic Solutions 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 0.27 0.25 0.28 0.32 0.37

Tara Chand Infralogistic Solutions 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 0.32 - 0.34 - 0.37

Competitive Comparison of Tara Chand Infralogistic Solutions's Equity-to-Asset

For the Farm & Heavy Construction Machinery subindustry, Tara Chand Infralogistic Solutions'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.


Tara Chand Infralogistic Solutions's Equity-to-Asset Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tara Chand Infralogistic Solutions's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Tara Chand Infralogistic Solutions's Equity-to-Asset falls into.



Tara Chand Infralogistic Solutions 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.

Tara Chand Infralogistic Solutions'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
=948.939/2570.154
=0.37

Tara Chand Infralogistic Solutions'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
=948.939/2570.154
=0.37

* 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.


Tara Chand Infralogistic Solutions  (NSE:TARACHAND) 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%.


Tara Chand Infralogistic Solutions Equity-to-Asset Related Terms

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Tara Chand Infralogistic Solutions (NSE:TARACHAND) Business Description

Traded in Other Exchanges
N/A
Address
342, Industrial Area, Phase I, Chandigarh, IND, 160002
Tara Chand Infralogistic Solutions Ltd is an Indian company that provides heavy lifting equipment for infrastructure and construction projects. The company is actively engaged in key metro projects in India, largely in Tier 1 and 2 cities, with its large fleet of Hydraulic Piling Rigs, heavy lifting capacity Cranes, and Concrete Construction Machinery. The company has three segments including Transport and handling services, Equipment rental services, and Steel processing and distribution.

Tara Chand Infralogistic Solutions (NSE:TARACHAND) Headlines

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