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Den Networks (NSE:DEN) Equity-to-Asset : 0.87 (As of Mar. 2024)


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What is Den Networks Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Den Networks's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹34,201 Mil. Den Networks's Total Assets for the quarter that ended in Mar. 2024 was ₹39,265 Mil. Therefore, Den Networks's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.87.

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

NSE:DEN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.67   Max: 0.87
Current: 0.87

During the past 13 years, the highest Equity to Asset Ratio of Den Networks was 0.87. The lowest was 0.31. And the median was 0.67.

NSE:DEN's Equity-to-Asset is ranked better than
93.58% of 1060 companies
in the Media - Diversified industry
Industry Median: 0.52 vs NSE:DEN: 0.87

Den Networks Equity-to-Asset Historical Data

The historical data trend for Den Networks'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.

Den Networks Equity-to-Asset Chart

Den Networks Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.80 0.84 0.85 0.87

Den Networks 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 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 0.85 - 0.85 - 0.87

Competitive Comparison of Den Networks's Equity-to-Asset

For the Entertainment subindustry, Den Networks'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.


Den Networks's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Den Networks's Equity-to-Asset distribution charts can be found below:

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



Den Networks 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.

Den Networks'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
=34201.06/39265.49
=0.87

Den Networks'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
=34201.06/39265.49
=0.87

* 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.


Den Networks  (NSE:DEN) 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%.


Den Networks Equity-to-Asset Related Terms

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Den Networks (NSE:DEN) Business Description

Traded in Other Exchanges
Address
Okhla Industrial Estate, Phase-Ill, New Delhi, IND, 110 020
Den Networks Ltd is a cable television company in India engaged in the distribution of analogue and digital cable television services. It provides visual entertainment to its customers through cable TV, over-the-top entertainment, telecommerce, and broadband services. The business segments of the company consist of primarily Cable and Broadband. Its Cable segment includes the distribution and promotion of television channels and the Broadband segment consists of providing internet services. The company generates most of its revenue from its cable segment. Geographically, it derives revenue from India.