GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » HDFC Asset Management Co Ltd (NSE:HDFCAMC) » Definitions » Equity-to-Asset

HDFC Asset Management Co (NSE:HDFCAMC) Equity-to-Asset : 0.94 (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is HDFC Asset Management Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. HDFC Asset Management Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹70,750 Mil. HDFC Asset Management Co's Total Assets for the quarter that ended in Mar. 2024 was ₹75,539 Mil. Therefore, HDFC Asset Management Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.94.

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

NSE:HDFCAMC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.81   Med: 0.93   Max: 0.95
Current: 0.94

During the past 11 years, the highest Equity to Asset Ratio of HDFC Asset Management Co was 0.95. The lowest was 0.81. And the median was 0.93.

NSE:HDFCAMC's Equity-to-Asset is ranked better than
69.37% of 1727 companies
in the Asset Management industry
Industry Median: 0.83 vs NSE:HDFCAMC: 0.94

HDFC Asset Management Co Equity-to-Asset Historical Data

The historical data trend for HDFC Asset Management 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.

* Premium members only.

HDFC Asset Management Co Equity-to-Asset Chart

HDFC Asset Management Co 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 0.94 0.94 0.94 0.93 0.94

HDFC Asset Management 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 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 0.93 - 0.94 - 0.94

Competitive Comparison of HDFC Asset Management Co's Equity-to-Asset

For the Asset Management subindustry, HDFC Asset Management 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.


HDFC Asset Management Co's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, HDFC Asset Management Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where HDFC Asset Management Co's Equity-to-Asset falls into.



HDFC Asset Management 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.

HDFC Asset Management 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
=70750.1/75538.5
=0.94

HDFC Asset Management 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
=70750.1/75538.5
=0.94

* 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.


HDFC Asset Management Co  (NSE:HDFCAMC) 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%.


HDFC Asset Management Co Equity-to-Asset Related Terms

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


HDFC Asset Management Co (NSE:HDFCAMC) Business Description

Traded in Other Exchanges
Address
H.T. Parekh Marg, HDFC House, 2nd Floor, 165-166, Backbay Reclamation, Churchgate, Mumbai, MH, IND, 400 020
HDFC Asset Management Co Ltd is an asset management company. The company is in the business of providing asset management services to HDFC Mutual Fund and portfolio management and advisory services to clients. Geographically, it derives a majority of revenue from within India.

HDFC Asset Management Co (NSE:HDFCAMC) Headlines

No Headlines