Akanksha Power and Infrastructure (NSE:AKANKSHA) Equity-to-Asset : 0.34 (As of Mar. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Akanksha Power and Infrastructure Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Akanksha Power and Infrastructure's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹159.6 Mil. Akanksha Power and Infrastructure's Total Assets for the quarter that ended in Mar. 2023 was ₹476.3 Mil. Therefore, Akanksha Power and Infrastructure's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.34.

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

NSE:AKANKSHA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28 Med: 0.34 Max: 0.35
Current: 0.34

During the past 4 years, the highest Equity to Asset Ratio of Akanksha Power and Infrastructure was 0.35. The lowest was 0.28. And the median was 0.34.

NSE:AKANKSHA's Equity-to-Asset is ranked worse than
82.84% of 3025 companies
in the Industrial Products industry
Industry Median: 0.56 vs NSE:AKANKSHA: 0.34

Akanksha Power and Infrastructure Equity-to-Asset Historical Data

The historical data trend for Akanksha Power and Infrastructure'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.

Akanksha Power and Infrastructure Equity-to-Asset Chart

Akanksha Power and Infrastructure Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

0.35

0.28

0.34

Akanksha Power and Infrastructure Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Equity-to-Asset	0.35	0.28	0.34	0.34

Competitive Comparison of Akanksha Power and Infrastructure's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Akanksha Power and Infrastructure'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.

Akanksha Power and Infrastructure's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Akanksha Power and Infrastructure's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Akanksha Power and Infrastructure's Equity-to-Asset falls into.

Akanksha Power and Infrastructure 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.

Akanksha Power and Infrastructure'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
	=	159.594	/	476.265
	=	0.34

Akanksha Power and Infrastructure's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	159.594	/	476.265
	=	0.34

Akanksha Power and Infrastructure (NSE:AKANKSHA) 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%.

Akanksha Power and Infrastructure Equity-to-Asset Related Terms

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

Akanksha Power and Infrastructure (NSE:AKANKSHA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Akanksha Power and Infrastructure Ltd (NSE:AKANKSHA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 87/4, MIDC, Satpur, Nashik, MH, IND, 422007

Website

https://www.apil.co.in

Akanksha Power and Infrastructure Ltd is engaged in the business of manufacturing of electric equipments, including electrical panels, instrument transformers, and vacuum contactors, catering to consumers from institutions, industries and electricity transmission and distribution utilities.. It design, Manufacturing and Supply of CT-PT, Metering Units and Cubical, Automatic power correction panel (Capacitor Panel), fixed capacitor banks, Motor Control Centre (MCC), Power Control Centre (PCC), Variable Frequency Drive (VFD) Panels, Thyristor switches and Vacuum contactors, Energy Management System and Smart Energy Meters (Advanced Metering Infrastructure) , in addition to engineering and execution of electrical turnkey projects.

Akanksha Power and Infrastructure (NSE:AKANKSHA) Headlines

No Headlines