GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Fincorp Investment Ltd (XMAU:FINC.N0000) » Definitions » Equity-to-Asset

Fincorp Investment (XMAU:FINC.N0000) Equity-to-Asset : 0.60 (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Fincorp Investment Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fincorp Investment's Total Stockholders Equity for the quarter that ended in Mar. 2024 was MUR7,621.52 Mil. Fincorp Investment's Total Assets for the quarter that ended in Mar. 2024 was MUR12,678.56 Mil. Therefore, Fincorp Investment's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.60.

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

XMAU:FINC.N0000' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48   Med: 0.54   Max: 0.62
Current: 0.6

During the past 8 years, the highest Equity to Asset Ratio of Fincorp Investment was 0.62. The lowest was 0.48. And the median was 0.54.

XMAU:FINC.N0000's Equity-to-Asset is ranked better than
63.44% of 1094 companies
in the Business Services industry
Industry Median: 0.5 vs XMAU:FINC.N0000: 0.60

Fincorp Investment Equity-to-Asset Historical Data

The historical data trend for Fincorp Investment'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.

Fincorp Investment Equity-to-Asset Chart

Fincorp Investment Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial 0.55 0.52 0.59 0.62 0.61

Fincorp Investment 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 0.61 0.61 0.59 0.60 0.60

Competitive Comparison of Fincorp Investment's Equity-to-Asset

For the Rental & Leasing Services subindustry, Fincorp Investment'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.


Fincorp Investment's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Fincorp Investment's Equity-to-Asset distribution charts can be found below:

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



Fincorp Investment 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.

Fincorp Investment's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=7521.288/12288.69
=

Fincorp Investment'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
=7621.519/12678.555
=0.60

* 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.


Fincorp Investment  (XMAU:FINC.N0000) 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%.


Fincorp Investment Equity-to-Asset Related Terms

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


Fincorp Investment (XMAU:FINC.N0000) Business Description

Traded in Other Exchanges
N/A
Address
9-15 Sir William Newton Street, Fincorp Invsetment Centre, MCB Centre, Port Louis, MUS
Fincorp Investment Ltd invests in the financial services sector and provides both finance and operating leases for equipment and motor vehicles in Mauritius. The company offers finance and operating leasing solutions and takes deposit and invest in priority in the financial services sector.

Fincorp Investment (XMAU:FINC.N0000) Headlines

No Headlines