Sancode Technologies (BOM:543897) Equity-to-Asset : 0.82 (As of Sep. 2023)

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What is Sancode Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sancode Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹66.39 Mil. Sancode Technologies's Total Assets for the quarter that ended in Sep. 2023 was ₹80.84 Mil. Therefore, Sancode Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.82.

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

BOM:543897' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.67 Med: 0.76 Max: 0.82
Current: 0.82

During the past 3 years, the highest Equity to Asset Ratio of Sancode Technologies was 0.82. The lowest was 0.67. And the median was 0.76.

BOM:543897's Equity-to-Asset is ranked better than
89.98% of 1088 companies
in the Business Services industry
Industry Median: 0.5 vs BOM:543897: 0.82

Sancode Technologies Equity-to-Asset Historical Data

The historical data trend for Sancode Technologies'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.

Sancode Technologies Equity-to-Asset Chart

Sancode Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Equity-to-Asset

0.67

0.71

0.82

Sancode Technologies Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Sep23
Equity-to-Asset	0.67	0.71	0.82	0.76	0.82

Competitive Comparison of Sancode Technologies's Equity-to-Asset

For the Consulting Services subindustry, Sancode Technologies'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.

Sancode Technologies's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sancode Technologies's Equity-to-Asset distribution charts can be found below:

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

Sancode Technologies 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.

Sancode Technologies's Equity to Asset Ratio for the fiscal year that ended in Mar. 2022 is calculated as

Equity to Asset (A: Mar. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	28.707	/	34.987
	=	0.82

Sancode Technologies'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
	=	66.391	/	80.844
	=	0.82

Sancode Technologies (BOM:543897) 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%.

Sancode Technologies Equity-to-Asset Related Terms

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

Sancode Technologies (BOM:543897) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sancode Technologies Ltd (BOM:543897) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

B.M. Road, Opposite Elphinstone Station, 107, Prime Plaza, J.V. Patel Compound, Mumbai, MH, IND, 400013

Website

https://www.sancodetech.com

Sancode Technologies Ltd provides management consultancy services and ancillary services to startups and other entities. The firm's entire business falls under one segment namely Management consultancy services. It engages in software and product Digital transformation. Workflow automation., Artificial intelligence (AI), and Machine learning (ML). Robotic Process Automation (RPA) and Data Analytics, Metaverse, Web3 applications, and System Integration. development offering an API-enabled platform and solutions that enable organizations to adopt powerful technology applications addressing their strategic business needs rapidly.

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