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Futuristic Securities (BOM:523113) Equity-to-Asset : 0.99 (As of Dec. 2023)


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What is Futuristic Securities Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Futuristic Securities's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹13.68 Mil. Futuristic Securities's Total Assets for the quarter that ended in Dec. 2023 was ₹13.80 Mil. Therefore, Futuristic Securities's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.99.

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

BOM:523113' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.98   Med: 0.99   Max: 0.99
Current: 0.99

During the past 13 years, the highest Equity to Asset Ratio of Futuristic Securities was 0.99. The lowest was 0.98. And the median was 0.99.

BOM:523113's Equity-to-Asset is ranked better than
97.16% of 809 companies
in the Capital Markets industry
Industry Median: 0.5 vs BOM:523113: 0.99

Futuristic Securities Equity-to-Asset Historical Data

The historical data trend for Futuristic Securities'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.

Futuristic Securities Equity-to-Asset Chart

Futuristic Securities Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.99 0.99 0.99 0.99

Futuristic Securities Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.99 0.99 0.99 - 0.99

Competitive Comparison of Futuristic Securities's Equity-to-Asset

For the Capital Markets subindustry, Futuristic Securities'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.


Futuristic Securities's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Futuristic Securities's Equity-to-Asset distribution charts can be found below:

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



Futuristic Securities 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.

Futuristic Securities'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
=14.385/14.565
=0.99

Futuristic Securities'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
=13.677/13.798
=0.99

* 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.


Futuristic Securities  (BOM:523113) 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%.


Futuristic Securities Equity-to-Asset Related Terms

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


Futuristic Securities (BOM:523113) Business Description

Traded in Other Exchanges
N/A
Address
Lady Jamshedji Road, 202, Ashford Chambers, Mahim (West), Mumbai, MH, IND, 400016
Futuristic Securities Ltd is a non-banking financial company, which engages in the business of investment and trading in shares and securities and giving loans. The firm is involved in transactions in shares and securities, loans and advances, brokerage and commission.

Futuristic Securities (BOM:523113) Headlines

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