The historical rank and industry rank for The Shipping of India's Equity-to-Asset or its related term are showing as below:
BOM:523598'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38 Med: 0.5 Max: 0.65
Current: 0.64
During the past 13 years, the highest Equity to Asset Ratio of The Shipping of India was 0.65. The lowest was 0.38. And the median was 0.50.
BOM:523598's Equity-to-Asset is ranked better than 74.49% of 980
companies
in the Transportation industry
Industry Median: 0.49
vs BOM:523598: 0.64
The Shipping of India Equity-to-Asset Historical Data
The historical data trend for The Shipping of India'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.
Competitive Comparison of The Shipping of India's Equity-to-Asset
For the Marine Shipping subindustry, The Shipping of India'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.
The Shipping of India's Equity-to-Asset Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, The Shipping of India's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where The Shipping of India's Equity-to-Asset falls into.
The Shipping of India 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.
The Shipping of India's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
The Shipping of India (BOM:523598) 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%.
The Shipping of India Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of The Shipping of India's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
The Shipping of India (BOM:523598) Business Description
The Shipping Corp of India Ltd is engaged in the sea and coastal freight water transport business. The company's segments include Liner, Bulk, Tanker, Technical and Offshore service, and others. Its Liner segment includes break-bulk, container transport, passenger and research vessels. The Bulk segment consists of dry bulk carriers. The tankers segment that derives the majority revenue comprises of crude and product carriers, gas carriers, and phosphoric acid carriers. The company's Technical and Offshore services segment covers owned offshore vessels and the others segment incorporates income earned from the maritime training institute. Its business operations are confined only to India.
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