GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Fusion Micro Finance Ltd (NSE:FUSION) » Definitions » Equity-to-Asset

Fusion Micro Finance (NSE:FUSION) Equity-to-Asset : 0.24 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Fusion Micro Finance Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fusion Micro Finance's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹28,482 Mil. Fusion Micro Finance's Total Assets for the quarter that ended in Mar. 2024 was ₹117,743 Mil. Therefore, Fusion Micro Finance's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.24.

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

NSE:FUSION' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.24   Max: 0.28
Current: 0.24

During the past 5 years, the highest Equity to Asset Ratio of Fusion Micro Finance was 0.28. The lowest was 0.18. And the median was 0.24.

NSE:FUSION's Equity-to-Asset is ranked worse than
62.52% of 539 companies
in the Credit Services industry
Industry Median: 0.37 vs NSE:FUSION: 0.24

Fusion Micro Finance Equity-to-Asset Historical Data

The historical data trend for Fusion Micro Finance'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.

Fusion Micro Finance Equity-to-Asset Chart

Fusion Micro Finance Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
0.28 0.21 0.18 0.25 0.24

Fusion Micro Finance Quarterly Data
Mar20 Mar21 Jun21 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 0.25 - 0.25 - 0.24

Competitive Comparison of Fusion Micro Finance's Equity-to-Asset

For the Credit Services subindustry, Fusion Micro Finance'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.


Fusion Micro Finance's Equity-to-Asset Distribution in the Credit Services Industry

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

* The bar in red indicates where Fusion Micro Finance's Equity-to-Asset falls into.



Fusion Micro Finance 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.

Fusion Micro Finance'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
=28481.5/117743.2
=0.24

Fusion Micro Finance'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
=28481.5/117743.2
=0.24

* 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.


Fusion Micro Finance  (NSE:FUSION) 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%.


Fusion Micro Finance Equity-to-Asset Related Terms

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


Fusion Micro Finance (NSE:FUSION) Business Description

Traded in Other Exchanges
Address
Plot No. 86, Institutional Sector - 32, Gurugram, HR, IND, 122001
Fusion Micro Finance Ltd is engaged in micro finance lending activities, providing financial services to poor women in India who are organized as Joint Liability Group (JLGs). The company provides small value collateral free loans. Apart from micro finance lending, the company also has lending to MSME enterprises. It uses its distribution channel to provide other financial products and services to the members relate to providing of loans to the members for the purchase of certain productivity enhancing products such as mobile handsets, bicycle.

Fusion Micro Finance (NSE:FUSION) Headlines

No Headlines