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Sindhu Trade Links (BOM:532029) Equity-to-Asset : 0.31 (As of Dec. 2023)


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What is Sindhu Trade Links Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sindhu Trade Links's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹14,734 Mil. Sindhu Trade Links's Total Assets for the quarter that ended in Dec. 2023 was ₹47,792 Mil. Therefore, Sindhu Trade Links's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.31.

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

BOM:532029' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.26   Max: 0.44
Current: 0.31

During the past 12 years, the highest Equity to Asset Ratio of Sindhu Trade Links was 0.44. The lowest was 0.18. And the median was 0.26.

BOM:532029's Equity-to-Asset is ranked worse than
71.35% of 534 companies
in the Conglomerates industry
Industry Median: 0.44 vs BOM:532029: 0.31

Sindhu Trade Links Equity-to-Asset Historical Data

The historical data trend for Sindhu Trade Links'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.

Sindhu Trade Links Equity-to-Asset Chart

Sindhu Trade Links Annual Data
Trend Mar11 Mar12 Mar13 Mar16 Mar17 Mar18 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.27 0.26 0.26 0.27

Sindhu Trade Links Quarterly Data
Mar18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.26 0.27 0.27 0.27 0.31

Competitive Comparison of Sindhu Trade Links's Equity-to-Asset

For the Conglomerates subindustry, Sindhu Trade Links'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.


Sindhu Trade Links's Equity-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sindhu Trade Links's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Sindhu Trade Links's Equity-to-Asset falls into.



Sindhu Trade Links 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.

Sindhu Trade Links's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=13321.305/49918.732
=0.27

Sindhu Trade Links's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=14733.562/47792.245
=0.31

* 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.


Sindhu Trade Links  (BOM:532029) 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%.


Sindhu Trade Links Equity-to-Asset Related Terms

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


Sindhu Trade Links (BOM:532029) Business Description

Traded in Other Exchanges
Address
Sector 30, 7th Floor, Tower A, Signature Tower, Moti Nagar, New Delhi, IND, 122003
Sindhu Trade Links Ltd is engaged in activities of transportation, media, investment and finance, Petrol Pump Operations, Power Distribution and Engineering Projects, and Overseas Mining and Trading of Coal. The operating segments of the company are Finance and Investment, Oil, Lubricants and Spares, Transportation and Logistics, Generation & Supply of Electricity, and Oil Drilling Operations. It generates maximum revenue from the Transportation and Logistics segment. Geographically, it derives a majority of its revenue from India.

Sindhu Trade Links (BOM:532029) Headlines

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