Thinking Hats Entertainment Solutions (NSE:THESL) Equity-to-Asset : 0.46 (As of Mar. 2024)

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What is Thinking Hats Entertainment Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Thinking Hats Entertainment Solutions's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹110.0 Mil. Thinking Hats Entertainment Solutions's Total Assets for the quarter that ended in Mar. 2024 was ₹240.3 Mil. Therefore, Thinking Hats Entertainment Solutions's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.46.

The historical rank and industry rank for Thinking Hats Entertainment Solutions's Equity-to-Asset or its related term are showing as below:

NSE:THESL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39 Med: 0.46 Max: 0.58
Current: 0.46

During the past 3 years, the highest Equity to Asset Ratio of Thinking Hats Entertainment Solutions was 0.58. The lowest was 0.39. And the median was 0.46.

NSE:THESL's Equity-to-Asset is ranked worse than
55.76% of 1051 companies
in the Media - Diversified industry
Industry Median: 0.51 vs NSE:THESL: 0.46

Thinking Hats Entertainment Solutions Equity-to-Asset Historical Data

The historical data trend for Thinking Hats Entertainment 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.

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Thinking Hats Entertainment Solutions Equity-to-Asset Chart

Thinking Hats Entertainment Solutions Annual Data

Trend

Mar22

Mar23

Mar24

Equity-to-Asset

0.58

0.39

0.46

Thinking Hats Entertainment Solutions Semi-Annual Data
	Mar22	Mar23	Mar24
Equity-to-Asset	0.58	0.39	0.46

Competitive Comparison of Thinking Hats Entertainment Solutions's Equity-to-Asset

For the Advertising Agencies subindustry, Thinking Hats Entertainment 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.

Thinking Hats Entertainment Solutions's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Thinking Hats Entertainment Solutions's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Thinking Hats Entertainment Solutions's Equity-to-Asset falls into.

Thinking Hats Entertainment 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.

Thinking Hats Entertainment 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
	=	109.986	/	240.322
	=	0.46

Thinking Hats Entertainment 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
	=	109.986	/	240.322
	=	0.46

Thinking Hats Entertainment Solutions (NSE:THESL) 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%.

Thinking Hats Entertainment Solutions Equity-to-Asset Related Terms

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

Thinking Hats Entertainment Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Thinking Hats Entertainment Solutions Ltd (NSE:THESL) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

5th Floor, B 9 Pinnacle Business, Park Sector 3 Noida, Gautam Buddha Nagar, Noida, UP, IND, 201301

Website

https://www.thes.in

Thinking Hats Entertainment Solutions Ltd is a concept development, event design and production company that specializes in live events, corporate, MICE (Meetings, Incentives, Conferences and Exhibitions), social and virtual events to an OTT content production and experiential marketing company with a focus on content development, intellectual property curation and tech centric product development. The company operates in two reportable segment (Business segment) i.e. Event Management and OTT Sales. Key revenue is generated from Event Management segment.

Thinking Hats Entertainment Solutions Headlines

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