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Ramco Systems (BOM:532370) Equity-to-Asset : 0.47 (As of Mar. 2024)


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What is Ramco Systems Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ramco Systems's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹3,114 Mil. Ramco Systems's Total Assets for the quarter that ended in Mar. 2024 was ₹6,680 Mil. Therefore, Ramco Systems's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.47.

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

BOM:532370' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.67   Max: 0.8
Current: 0.47

During the past 13 years, the highest Equity to Asset Ratio of Ramco Systems was 0.80. The lowest was 0.28. And the median was 0.67.

BOM:532370's Equity-to-Asset is ranked worse than
59.4% of 2850 companies
in the Software industry
Industry Median: 0.55 vs BOM:532370: 0.47

Ramco Systems Equity-to-Asset Historical Data

The historical data trend for Ramco Systems'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.

Ramco Systems Equity-to-Asset Chart

Ramco Systems 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 0.62 0.69 0.66 0.57 0.47

Ramco Systems 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 0.57 - 0.49 - 0.47

Competitive Comparison of Ramco Systems's Equity-to-Asset

For the Software - Application subindustry, Ramco Systems'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.


Ramco Systems's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Ramco Systems's Equity-to-Asset distribution charts can be found below:

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



Ramco Systems 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.

Ramco Systems'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
=3113.69/6680.25
=0.47

Ramco Systems'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
=3113.69/6680.25
=0.47

* 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.


Ramco Systems  (BOM:532370) 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%.


Ramco Systems Equity-to-Asset Related Terms

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


Ramco Systems (BOM:532370) Business Description

Traded in Other Exchanges
Address
No. 64, Sardar Patel Road, Taramani, Chennai, TN, IND, 600 113
Ramco Systems Ltd develops software and software products for human capital management, payroll, enterprise resource management, monitoring and evaluation, and maintenance, repair, and overhaul providers in the Aviation industry. The company develops software through its enterprise application assembly and delivery platform Ramco VirtualWorks for transaction systems and Ramco DecisionWorks for analytics/reporting. The product portfolio of the company includes aviation, aerospace & defense management software, enterprise resource planning software, payroll & logistics software on the cloud. The majority of its revenue is earned from the sale of licenses and services.

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