Torrent Power (BOM:532779) Equity-to-Asset : 0.00 (As of Dec. 2023)

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What is Torrent Power Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Torrent Power's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil. Torrent Power's Total Assets for the quarter that ended in Dec. 2023 was ₹0 Mil.

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

BOM:532779' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3 Med: 0.37 Max: 0.44
Current: 0.37

During the past 13 years, the highest Equity to Asset Ratio of Torrent Power was 0.44. The lowest was 0.30. And the median was 0.37.

BOM:532779's Equity-to-Asset is ranked worse than
54.85% of 443 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.4 vs BOM:532779: 0.37

Torrent Power Equity-to-Asset Historical Data

The historical data trend for Torrent Power'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.

Torrent Power Equity-to-Asset Chart

Torrent Power Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.37

0.39

0.43

0.40

0.37

Torrent Power Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															-	0.37	-	0.37	-

Competitive Comparison of Torrent Power's Equity-to-Asset

For the Utilities - Independent Power Producers subindustry, Torrent Power'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.

Torrent Power's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Torrent Power's Equity-to-Asset distribution charts can be found below:

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

Torrent Power 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.

Torrent Power'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
	=	110100	/	299101.8
	=	0.37

Torrent Power'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
	=	0	/	0
	=

Torrent Power (BOM:532779) 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%.

Torrent Power Equity-to-Asset Related Terms

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

Torrent Power (BOM:532779) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Torrent Power Ltd (BOM:532779) » Definitions » Equity-to-Asset

Traded in Other Exchanges

TORNTPOWER:India

Address

Samanvay, 600, Tapovan, Ambawadi, Ahmedabad, GJ, IND, 380015

Website

https://www.torrentpower.com

Torrent Power Ltd is an Indian utility company engaged in the business of power generation, transmission, and distribution. Both by itself and through its subsidiaries, Torrent Power operates a portfolio of gas, combined cycle, coal, wind, and solar power plants. The company's gas-fired facilities constitute most of its energy-producing capacity. Torrent Power generates the vast majority of its revenue from the supply of power generated by its facilities and transmitted through its power grids to areas of Western and Northern India. Its sales are fairly evenly divided among residential, commercial, low tension and high tension consumers. The low tension customer class would include smaller manufacturing units, while high tension would be composed of heavier industrial entities.

Torrent Power (BOM:532779) Headlines

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