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Aarvi Encon (NSE:AARVI) Equity-to-Asset : 0.71 (As of Dec. 2023)


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What is Aarvi Encon Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aarvi Encon's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹1,136 Mil. Aarvi Encon's Total Assets for the quarter that ended in Dec. 2023 was ₹1,612 Mil. Therefore, Aarvi Encon's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.71.

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

NSE:AARVI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48   Med: 0.69   Max: 0.76
Current: 0.71

During the past 11 years, the highest Equity to Asset Ratio of Aarvi Encon was 0.76. The lowest was 0.48. And the median was 0.69.

NSE:AARVI's Equity-to-Asset is ranked better than
76.15% of 1090 companies
in the Business Services industry
Industry Median: 0.495 vs NSE:AARVI: 0.71

Aarvi Encon Equity-to-Asset Historical Data

The historical data trend for Aarvi Encon'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.

Aarvi Encon Equity-to-Asset Chart

Aarvi Encon Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.65 0.71 0.64 0.68

Aarvi Encon 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 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 - 0.68 0.71 0.69 0.71

Competitive Comparison of Aarvi Encon's Equity-to-Asset

For the Staffing & Employment Services subindustry, Aarvi Encon'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.


Aarvi Encon's Equity-to-Asset Distribution in the Business Services Industry

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

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



Aarvi Encon 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.

Aarvi Encon'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
=1080.596/1584.463
=0.68

Aarvi Encon'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
=1135.894/1611.963
=0.70

* 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.


Aarvi Encon  (NSE:AARVI) 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%.


Aarvi Encon Equity-to-Asset Related Terms

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


Aarvi Encon (NSE:AARVI) Business Description

Traded in Other Exchanges
N/A
Address
G.K. Road, Marathon Innova, B1 Wing, 603, Marathon NextGen Complex, Opposite Peninsula Corporate Park, Lower Parel (West), Mumbai, MH, IND, 400013
Aarvi Encon Ltd is a technical manpower outsourcing company providing Staffing solutions to companies in different sectors. Its services include Information Technology Staffing, Manpower Outsourcing, Manpower Deputation, Project Management, Construction Supervision, and Inspection Services, among others. The company caters its services to industries such as Oil and Gas, Engineering, Metals and Minerals, Fertilizer, Telecom, Pipeline, Infrastructure, and others. Geographically, it generates the majority of the revenue from India.

Aarvi Encon (NSE:AARVI) Headlines

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