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India Grid Trust (BOM:540565) Equity-to-Asset : 0.20 (As of Sep. 2023)


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What is India Grid Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. India Grid Trust's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹50,124 Mil. India Grid Trust's Total Assets for the quarter that ended in Sep. 2023 was ₹248,411 Mil. Therefore, India Grid Trust's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.20.

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

BOM:540565' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.43   Max: 0.74
Current: 0.2

During the past 9 years, the highest Equity to Asset Ratio of India Grid Trust was 0.74. The lowest was 0.06. And the median was 0.43.

BOM:540565's Equity-to-Asset is ranked worse than
82.39% of 443 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.4 vs BOM:540565: 0.20

India Grid Trust Equity-to-Asset Historical Data

The historical data trend for India Grid Trust'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.

India Grid Trust Equity-to-Asset Chart

India Grid Trust Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.50 0.43 0.23 0.28 0.25

India Grid Trust Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 - - - 0.25 0.20

Competitive Comparison of India Grid Trust's Equity-to-Asset

For the Utilities - Independent Power Producers subindustry, India Grid Trust'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.


India Grid Trust's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where India Grid Trust's Equity-to-Asset falls into.



India Grid Trust 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.

India Grid Trust'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
=49576.95/202123.82
=0.25

India Grid Trust's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=50124.46/248411.16
=0.20

* 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.


India Grid Trust  (BOM:540565) 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%.


India Grid Trust Equity-to-Asset Related Terms

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


India Grid Trust (BOM:540565) Business Description

Traded in Other Exchanges
Address
Off CST Road, Vidyanagari Marg, Unit No. 101, First Floor, Windsor, Village KoleKalyan, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098
India Grid Trust is an infrastructure investment trust established to own inter-state power transmission assets in India. Its asset portfolio comprises nine power transmission projects located across 18 states and 1 union territory in India. The projects comprise extra high voltage (EHV) overhead power transmission lines, comprising approximately seven 765 kV transmission lines and thirty 400 kV transmission lines.

India Grid Trust (BOM:540565) Headlines

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