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Aster DM Healthcare (BOM:540975) Equity-to-Asset : 0.25 (As of Mar. 2024)


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What is Aster DM Healthcare Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aster DM Healthcare's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹45,598 Mil. Aster DM Healthcare's Total Assets for the quarter that ended in Mar. 2024 was ₹179,913 Mil. Therefore, Aster DM Healthcare's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.25.

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

BOM:540975' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.29   Max: 0.38
Current: 0.25

During the past 10 years, the highest Equity to Asset Ratio of Aster DM Healthcare was 0.38. The lowest was 0.07. And the median was 0.29.

BOM:540975's Equity-to-Asset is ranked worse than
74.3% of 681 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs BOM:540975: 0.25

Aster DM Healthcare Equity-to-Asset Historical Data

The historical data trend for Aster DM Healthcare'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.

Aster DM Healthcare Equity-to-Asset Chart

Aster DM Healthcare 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 0.26 0.29 0.32 0.30 0.25

Aster DM Healthcare 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 0.30 - 0.28 - 0.25

Competitive Comparison of Aster DM Healthcare's Equity-to-Asset

For the Medical Care Facilities subindustry, Aster DM Healthcare'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.


Aster DM Healthcare's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aster DM Healthcare's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Aster DM Healthcare's Equity-to-Asset falls into.



Aster DM Healthcare 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.

Aster DM Healthcare'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
=45597.9/179913.1
=0.25

Aster DM Healthcare'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
=45597.9/179913.1
=0.25

* 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.


Aster DM Healthcare  (BOM:540975) 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%.


Aster DM Healthcare Equity-to-Asset Related Terms

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


Aster DM Healthcare (BOM:540975) Business Description

Traded in Other Exchanges
Address
33rd Floor, Tower-D, Aspect Towers, Executive Tower at Bay Avenue, P.O. Box 8703, Business Bay, Dubai, ARE
Aster DM Healthcare Ltd is an India-based company that engages in the provision of healthcare solutions. The company operates in multiple business divisions of the healthcare industry, including hospitals, clinics, and retail pharmacies and provides health care services to patients across economic segments in several GCC states through various brands Aster, Medcare and Access. Its segments are Hospitals, Clinics, Retail pharmacies and others, of which key revenue is derived from the Hospitals segment The company conducts operations in all GCC states, comprising of United Arab Emirates, Qatar, Oman, Kingdom of Saudi Arabia, Jordan, Kuwait and Bahrain; India, and UAE.

Aster DM Healthcare (BOM:540975) Headlines

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