GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Roshni Capital Inc (TSXV:ROSH.P) » Definitions » Equity-to-Asset

Roshni Capital (TSXV:ROSH.P) Equity-to-Asset : 0.94 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Roshni Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Roshni Capital's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$0.40 Mil. Roshni Capital's Total Assets for the quarter that ended in Mar. 2024 was C$0.43 Mil.

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

TSXV:ROSH.P' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.75   Med: 0.95   Max: 0.99
Current: 0.94

During the past 2 years, the highest Equity to Asset Ratio of Roshni Capital was 0.99. The lowest was 0.75. And the median was 0.95.

TSXV:ROSH.P's Equity-to-Asset is ranked better than
77.01% of 596 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs TSXV:ROSH.P: 0.94

Roshni Capital Equity-to-Asset Historical Data

The historical data trend for Roshni Capital'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.

Roshni Capital Equity-to-Asset Chart

Roshni Capital Annual Data
Trend Dec21 Dec22
Equity-to-Asset
0.85 0.95

Roshni Capital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.94 0.97 0.98 0.94

Competitive Comparison of Roshni Capital's Equity-to-Asset

For the Shell Companies subindustry, Roshni Capital'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.


Roshni Capital's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Roshni Capital's Equity-to-Asset distribution charts can be found below:

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



Roshni Capital 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.

Roshni Capital's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=0.435/0.46
=

Roshni Capital'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
=0.399/0.426
=

* 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.


Roshni Capital  (TSXV:ROSH.P) 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%.


Roshni Capital Equity-to-Asset Related Terms

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


Roshni Capital (TSXV:ROSH.P) Business Description

Traded in Other Exchanges
N/A
Address
2185 Rosemount Crescent, Oakville, CAN, L6M 3P4
Website
Roshni Capital Inc is a capital pool company.

Roshni Capital (TSXV:ROSH.P) Headlines

No Headlines