Virtuoso OptoElectronics (BOM:543597) Equity-to-Asset : 0.46 (As of Mar. 2024)

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What is Virtuoso OptoElectronics Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Virtuoso OptoElectronics's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹2,096 Mil. Virtuoso OptoElectronics's Total Assets for the quarter that ended in Mar. 2024 was ₹4,558 Mil. Therefore, Virtuoso OptoElectronics's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.46.

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

BOM:543597' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17 Med: 0.2 Max: 0.46
Current: 0.46

During the past 5 years, the highest Equity to Asset Ratio of Virtuoso OptoElectronics was 0.46. The lowest was 0.17. And the median was 0.20.

BOM:543597's Equity-to-Asset is ranked worse than
66.65% of 2489 companies
in the Hardware industry
Industry Median: 0.57 vs BOM:543597: 0.46

Virtuoso OptoElectronics Equity-to-Asset Historical Data

The historical data trend for Virtuoso OptoElectronics'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.

Virtuoso OptoElectronics Equity-to-Asset Chart

Virtuoso OptoElectronics Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

0.20

0.17

0.34

0.46

Virtuoso OptoElectronics Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial			0.17	0.34	0.34	0.31	0.46

Competitive Comparison of Virtuoso OptoElectronics's Equity-to-Asset

For the Consumer Electronics subindustry, Virtuoso OptoElectronics'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.

Virtuoso OptoElectronics's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Virtuoso OptoElectronics's Equity-to-Asset distribution charts can be found below:

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

Virtuoso OptoElectronics 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.

Virtuoso OptoElectronics'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
	=	2095.777	/	4557.958
	=	0.46

Virtuoso OptoElectronics'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
	=	2095.777	/	4557.958
	=	0.46

Virtuoso OptoElectronics (BOM:543597) 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%.

Virtuoso OptoElectronics Equity-to-Asset Related Terms

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

Virtuoso OptoElectronics (BOM:543597) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Virtuoso OptoElectronics Ltd (BOM:543597) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

Plot No. 7 M.I.D.C, Satpur, Nasik, MH, IND, 422007

Website

https://www.voepl.com

Virtuoso OptoElectronics Ltd is engaged in the manufacturing of consumer durable goods, assembles a wide array of products and provide end-to-end product solutions. The company's product portfolio of consumer goods includes Split Air Conditioners; Water Heaters; LED Lighting products; and other miscellaneous products such as injection moulding components for air conditioners.

Virtuoso OptoElectronics (BOM:543597) Headlines

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