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Indian Railway Finance (BOM:543257) Equity-to-Asset : 0.10 (As of Dec. 2023)


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What is Indian Railway Finance Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Indian Railway Finance's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹482,493 Mil. Indian Railway Finance's Total Assets for the quarter that ended in Dec. 2023 was ₹4,878,894 Mil. Therefore, Indian Railway Finance's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.10.

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

BOM:543257' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.1   Max: 0.13
Current: 0.1

During the past 6 years, the highest Equity to Asset Ratio of Indian Railway Finance was 0.13. The lowest was 0.09. And the median was 0.10.

BOM:543257's Equity-to-Asset is ranked worse than
87.29% of 543 companies
in the Credit Services industry
Industry Median: 0.37 vs BOM:543257: 0.10

Indian Railway Finance Equity-to-Asset Historical Data

The historical data trend for Indian Railway Finance'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.

Indian Railway Finance Equity-to-Asset Chart

Indian Railway Finance Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial 0.12 0.11 0.09 0.09 0.09

Indian Railway Finance Quarterly Data
Mar18 Mar19 Sep19 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 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 0.09 0.09 0.10 0.10 0.10

Competitive Comparison of Indian Railway Finance's Equity-to-Asset

For the Credit Services subindustry, Indian Railway Finance'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.


Indian Railway Finance's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Indian Railway Finance's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Indian Railway Finance's Equity-to-Asset falls into.



Indian Railway Finance 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.

Indian Railway Finance'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
=454703.17/4911467.48
=0.09

Indian Railway Finance'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
=482493.26/4878894.14
=0.10

* 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.


Indian Railway Finance  (BOM:543257) 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%.


Indian Railway Finance Equity-to-Asset Related Terms

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


Indian Railway Finance (BOM:543257) Business Description

Traded in Other Exchanges
Address
Bhisham Pitamah Marg, Lodhi Road, UG Floor, East Tower, NBCC Place, Pragati Vihar, New Delhi, IND, 110003
Indian Railway Finance Corp Ltd is engaged in the business of borrowing funds from the financial markets to finance the acquisition/creation of assets which are then leased out to the Indian Railways or any entity under the Ministry of Railways. Its only operating segment being Leasing and Finance. The company generates maximum revenue from Lease Income.

Indian Railway Finance (BOM:543257) Headlines

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