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Can Fin Homes (BOM:511196) Equity-to-Asset : 0.12 (As of Mar. 2024)


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What is Can Fin Homes Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Can Fin Homes's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹43,439 Mil. Can Fin Homes's Total Assets for the quarter that ended in Mar. 2024 was ₹366,015 Mil. Therefore, Can Fin Homes's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.12.

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

BOM:511196' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.1   Max: 0.12
Current: 0.12

During the past 13 years, the highest Equity to Asset Ratio of Can Fin Homes was 0.12. The lowest was 0.08. And the median was 0.10.

BOM:511196's Equity-to-Asset is ranked better than
75.27% of 1464 companies
in the Banks industry
Industry Median: 0.09 vs BOM:511196: 0.12

Can Fin Homes Equity-to-Asset Historical Data

The historical data trend for Can Fin Homes'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.

Can Fin Homes Equity-to-Asset Chart

Can Fin Homes Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.12 0.11 0.11 0.12

Can Fin Homes 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 0.11 - 0.11 - 0.12

Competitive Comparison of Can Fin Homes's Equity-to-Asset

For the Mortgage Finance subindustry, Can Fin Homes'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.


Can Fin Homes's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Can Fin Homes's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Can Fin Homes's Equity-to-Asset falls into.



Can Fin Homes 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.

Can Fin Homes'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
=43438.53/366015.49
=0.12

Can Fin Homes'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
=43438.53/366015.49
=0.12

* 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.


Can Fin Homes  (BOM:511196) 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%.


Can Fin Homes Equity-to-Asset Related Terms

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


Can Fin Homes (BOM:511196) Business Description

Traded in Other Exchanges
Address
No. 29/1, Sir M N Krishna Rao Road, 1st Floor, Lalbagh West Gate, Basavanagudi, Bengaluru, KA, IND, 560 004
Can Fin Homes Ltd is an Indian housing finance institution. The company offers a range of loan products, housing loans as well as non-housing loans. It provides Housing loans to individuals, to Builders/developers, and against Property. The company categorized its business into two structures such as housing loans and non-housing loans. It provides loans for various purposes such as the construction of a house, purchase of ready-built houses/flats, repairs, renovation, and an extension of a house as well as for the purchase of the site from development authorities and private developers/parties. In addition, it also accepts deposits from the public such as Fixed deposits and Cumulative deposits. The revenue generated by the company mainly consists of the interest received.

Can Fin Homes (BOM:511196) Headlines

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