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REC (BOM:532955) Total Equity : ₹693,502 Mil (As of Mar. 2024)


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What is REC Total Equity?

REC's total equity for the quarter that ended in Mar. 2024 was ₹693,502 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

REC Total Equity Historical Data

The historical data trend for REC's Total Equity 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.

REC Total Equity Chart

REC Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 353,964.30 437,639.30 513,141.00 581,205.10 693,502.40

REC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Equity 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 581,205.10 - 635,825.10 652,913.90 693,502.40

REC Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

REC's Total Equity for the fiscal year that ended in Mar. 2024 is calculated as

Total Equity=Total Assets(Q: Mar. 2024 )-Total Liabilities(Q: Mar. 2024 )
=5481910.9-4788408.5
=693,502

REC's Total Equity for the quarter that ended in Mar. 2024 is calculated as

Total Equity=Total Assets(Q: Mar. 2024 )-Total Liabilities(Q: Mar. 2024 )
=5481910.9-4788408.5
=693,502

* 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.

REC Total Equity Related Terms

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REC (BOM:532955) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » REC Ltd (BOM:532955) » Definitions » Total Equity
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Traded in Other Exchanges
RECLTD:India
Address
Plot No. I-4, Sector 29, Gurugram, HR, IND, 122001
Website
https://www.recindia.nic.in
REC Ltd is a nonbanking financial company operating in India. The company's main objective is to finance and promote power sector projects on the subcontinent. REC provides loan assistance to numerous state power utilities, private sector project developers, central power sector utilities, and state governments. REC investments include power generation, power transmission, power distribution, and other system improvement initiatives. REC is also instrumental in implementing several initiatives spearheaded on behalf of the government of India, including rural electrification. The majority of its revenue derives from long-term financing.

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