Bright Outdoor Media (BOM:543831) Equity-to-Asset : 0.78 (As of Mar. 2024)

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What is Bright Outdoor Media Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bright Outdoor Media's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,462 Mil. Bright Outdoor Media's Total Assets for the quarter that ended in Mar. 2024 was ₹1,868 Mil. Therefore, Bright Outdoor Media's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.78.

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

BOM:543831' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33 Med: 0.39 Max: 0.78
Current: 0.78

During the past 5 years, the highest Equity to Asset Ratio of Bright Outdoor Media was 0.78. The lowest was 0.33. And the median was 0.39.

BOM:543831's Equity-to-Asset is ranked better than
83.27% of 1052 companies
in the Media - Diversified industry
Industry Median: 0.52 vs BOM:543831: 0.78

Bright Outdoor Media Equity-to-Asset Historical Data

The historical data trend for Bright Outdoor Media'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.

Bright Outdoor Media Equity-to-Asset Chart

Bright Outdoor Media Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

0.33

0.35

0.39

0.64

0.78

Bright Outdoor Media Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial			0.39	0.44	0.64	0.81	0.78

Competitive Comparison of Bright Outdoor Media's Equity-to-Asset

For the Advertising Agencies subindustry, Bright Outdoor Media'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.

Bright Outdoor Media's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bright Outdoor Media's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Bright Outdoor Media's Equity-to-Asset falls into.

Bright Outdoor Media 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.

Bright Outdoor Media'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
	=	1462.064	/	1867.84
	=	0.78

Bright Outdoor Media'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
	=	1462.064	/	1867.84
	=	0.78

Bright Outdoor Media (BOM:543831) 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%.

Bright Outdoor Media Equity-to-Asset Related Terms

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

Bright Outdoor Media (BOM:543831) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Bright Outdoor Media Ltd (BOM:543831) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fame Infinity Mall, Off New Link Road, 801, 8th Floor, Crescent Tower, Near Morya House, Andheri (West), Mumbai, MH, IND, 400 053

Website

https://www.brightoutdoor.com

Bright Outdoor Media Ltd is engaged in the business of providing advertising services offering advertising media services consisting of Out of Home media services. The company's array of service hoardings includes Transfer stickers, Railway boards, Railway panels, Promos, full train, Bus panels, Full Bus painting, Toll Naka, Mobile sign trucks, Kiosks, Traffic Booths, Cinema slides, Gantry and Vinyl.

Bright Outdoor Media (BOM:543831) Headlines

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