Coal India (NSE:COALINDIA) Equity-to-Asset : 0.35 (As of Mar. 2024)

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What is Coal India Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Coal India's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹827,298 Mil. Coal India's Total Assets for the quarter that ended in Mar. 2024 was ₹2,376,723 Mil. Therefore, Coal India's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.35.

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

NSE:COALINDIA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16 Med: 0.23 Max: 0.36
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Coal India was 0.36. The lowest was 0.16. And the median was 0.23.

NSE:COALINDIA's Equity-to-Asset is ranked worse than
80.11% of 181 companies
in the Other Energy Sources industry
Industry Median: 0.6 vs NSE:COALINDIA: 0.35

Coal India Equity-to-Asset Historical Data

The historical data trend for Coal India'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.

Coal India Equity-to-Asset Chart

Coal India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

Get a 7-Day Free Trial

0.21

0.23

0.24

0.27

0.35

Coal India 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															0.27	-	0.32	-	0.35

Competitive Comparison of Coal India's Equity-to-Asset

For the Thermal Coal subindustry, Coal India'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.

Coal India's Equity-to-Asset Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Coal India's Equity-to-Asset distribution charts can be found below:

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

Coal India 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.

Coal India'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
	=	827297.8	/	2376722.6
	=	0.35

Coal India'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
	=	827297.8	/	2376722.6
	=	0.35

Coal India (NSE:COALINDIA) 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%.

Coal India Equity-to-Asset Related Terms

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

Coal India (NSE:COALINDIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Coal India Ltd (NSE:COALINDIA) » Definitions » Equity-to-Asset

Traded in Other Exchanges

533278:India

Address

Coal Bhawan, Premises No-04 MAR, Plot No-AF-III, Action Area-1A, 3rd Floor, Core-2, New Town, Rajarhat, Kolkata, WB, IND, 700156

Website

https://www.coalindia.in

Coal India Ltd is a state-owned coal mining company, which was formed when the government took over many private coal mines. As one of the largest coal producers in the world, Coal India is responsible for the vast majority of India's coal production. The company operates across numerous mining areas spread over various provincial states of India, and one mine planning and consultancy company. The Company is primarily engaged in a single segment business of production and sale of Coal. Coal India has hundreds of mines, the bulk of which are underground, closely trailed by open-pit, while also operating multiple coking coal washeries.

Coal India (NSE:COALINDIA) Headlines

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