Cholamandalam Investment and Finance Co (NSE:CHOLAFIN) Equity-to-Asset : 0.13 (As of Mar. 2024)

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What is Cholamandalam Investment and Finance Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cholamandalam Investment and Finance Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹195,932 Mil. Cholamandalam Investment and Finance Co's Total Assets for the quarter that ended in Mar. 2024 was ₹1,566,864 Mil. Therefore, Cholamandalam Investment and Finance Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.13.

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

NSE:CHOLAFIN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11 Med: 0.13 Max: 0.14
Current: 0.13

During the past 13 years, the highest Equity to Asset Ratio of Cholamandalam Investment and Finance Co was 0.14. The lowest was 0.11. And the median was 0.13.

NSE:CHOLAFIN's Equity-to-Asset is ranked worse than
81.63% of 539 companies
in the Credit Services industry
Industry Median: 0.36 vs NSE:CHOLAFIN: 0.13

Cholamandalam Investment and Finance Co Equity-to-Asset Historical Data

The historical data trend for Cholamandalam Investment and Finance Co'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.

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Cholamandalam Investment and Finance Co Equity-to-Asset Chart

Cholamandalam Investment and Finance Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

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0.13

0.14

0.13

Cholamandalam Investment and Finance Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial															0.13	-	0.12	-	0.13

Competitive Comparison of Cholamandalam Investment and Finance Co's Equity-to-Asset

For the Credit Services subindustry, Cholamandalam Investment and Finance Co'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.

Cholamandalam Investment and Finance Co's Equity-to-Asset Distribution in the Credit Services Industry

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

* The bar in red indicates where Cholamandalam Investment and Finance Co's Equity-to-Asset falls into.

Cholamandalam Investment and Finance Co 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.

Cholamandalam Investment and Finance Co'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
	=	195932.4	/	1566864.1
	=	0.13

Cholamandalam Investment and Finance Co'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
	=	195932.4	/	1566864.1
	=	0.13

Cholamandalam Investment and Finance Co (NSE:CHOLAFIN) 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%.

Cholamandalam Investment and Finance Co Equity-to-Asset Related Terms

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Cholamandalam Investment and Finance Co (NSE:CHOLAFIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Cholamandalam Investment and Finance Co Ltd (NSE:CHOLAFIN) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

511243:India

Address

No.2, N.S.C. Bose Road, Parrys, Dare House, 1st Floor, Chennai, TN, IND, 600001

Website

https://www.cholamandalam.com

Cholamandalam Investment and Finance Co Ltd serve as the financial services arm of the Murugappa Group. Its subsidiaries include Cholamandalam Securities Limited (CSEC) and Cholamandalam Home Finance Limited (CHFL). The company's operating segments include Vehicle finance loans, which provide loans for the purchase of vehicles, tractors, and construction equipment. Home Loans include loans given for the acquisition of residential property. Loan against property which includes Loans to the customer against immovable property and Other loans, including loans against shares and SME loans. The company also offers investment advisory and stockbroking services. It operates solely in India.

Cholamandalam Investment and Finance Co (NSE:CHOLAFIN) Headlines

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