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TSC IndiaNSE:TSC +4.98%19 Equity-to-Asset is 0.46 as of Mar. 2026, which is 109% above its 10-year median of 0.22. GuruFocus rates NSE:TSC with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 851 Travel & Leisure companies, TSC India ranks worse than 55.46% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TSC India's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹449.0 Mil. TSC India's Total Assets for the quarter that ended in Mar. 2026 was ₹979.4 Mil.
Therefore, TSC India's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.46.
The historical rank and industry rank for TSC India's Equity-to-Asset or its related term are showing as below:
NSE:TSC'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16 Med: 0.22 Max: 0.46
Current: 0.46
During the past 4 years, the highest Equity to Asset Ratio of TSC India was 0.46. The lowest was 0.16. And the median was 0.22.
NSE:TSC's Equity-to-Asset is ranked worse than 55.46% of 851
companies
in the Travel & Leisure industry
Industry Median: 0.51
vs NSE:TSC: 0.46
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%.
TSC India Equity-to-Asset Related Terms
TSC India Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for TSC India'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.
NSE:TSC vs BKNG, ABNB, RCL: Equity-to-Asset Comparison
For the Travel Services subindustry, TSC India'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.
TSC India Equity-to-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, TSC India's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where TSC India's Equity-to-Asset falls into.
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.
TSC India's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
TSC India (NSE:TSC) has a Equity-to-Asset of 0.46 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on TSC India and its competitors. This is 109% above median its historical median of 0.22. Over the past decade, TSC India's Equity-to-Asset has ranged from 0.16 to 0.46. According to the industry distribution chart, TSC India ranks #472 out of 851 companies in the Travel & Leisure industry, placing it in the top 55.5%.
Is TSC India's Equity-to-Asset too high?
TSC India's current Equity-to-Asset of 0.46 is 109% above median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.46. The Travel & Leisure industry median Equity-to-Asset is 0.51. TSC India's value of 0.46 is 9.8% below this industry median. Based on the distribution chart, TSC India ranks #472 out of 851 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, TSC India has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does TSC India's Equity-to-Asset compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, TSC India ranks #472 out of 851 companies for Equity-to-Asset. This places TSC India in the lower half of its industry. The industry median Equity-to-Asset is 0.51. TSC India's value of 0.46 is 9.8% below this benchmark. Historically, TSC India's own Equity-to-Asset has ranged from 0.16 to 0.46 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.51, TSC India 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 a Travel & Leisure company?
The median Equity-to-Asset among Travel & Leisure companies is 0.51, based on 851 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. TSC India's current Equity-to-Asset of 0.46 is 9.8% 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 TSC India and its competitors. For the Travel & Leisure 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. TSC India's current Equity-to-Asset is 0.46, which is 109% above median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSC India stock overvalued right now?
TSC India (NSE:TSC) has a current Equity-to-Asset of 0.46. The current Equity-to-Asset is 0.46, which is 109% above median its 10-year median of 0.22 and 9.8% below the Travel & Leisure industry median of 0.51. TSC India's overall GF Score™ is 19/100 with 4 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 TSC India (NSE:TSC), the current Equity-to-Asset is 0.46 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.
TSC India Ltd is a travel management company which specializes in providing comprehensive air ticketing services tailored to the requirements of its clients. The Company is focused on serving the B2B and corporate sectors. TSC works in close collaboration with airlines and travel agents to deliver cost-effective and streamlined travel solutions to end user customers. Its operations encompass partnerships with a range of travel service providers, enabling it to manage various aspects of travel planning, including booking air tickets. The company operates in multiple cities across India, including Jalandhar, Chandigarh, Lucknow, Ahmedabad, Jaipur, New Delhi, and Pune, reflecting its growing geographical presence.
19GF Score
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