GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jay Jalaram Technologies Ltd (NSE:KORE) » Definitions » Equity-to-Asset

Jay Jalaram Technologies (NSE:KORE) Equity-to-Asset : 0.21 (As of Sep. 2023)


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

What is Jay Jalaram Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jay Jalaram Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹236 Mil. Jay Jalaram Technologies's Total Assets for the quarter that ended in Sep. 2023 was ₹1,145 Mil. Therefore, Jay Jalaram Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.21.

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

NSE:KORE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.01   Med: 0.21   Max: 0.45
Current: 0.21

During the past 5 years, the highest Equity to Asset Ratio of Jay Jalaram Technologies was 0.45. The lowest was 0.01. And the median was 0.21.

NSE:KORE's Equity-to-Asset is ranked worse than
82.66% of 1119 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs NSE:KORE: 0.21

Jay Jalaram Technologies Equity-to-Asset Historical Data

The historical data trend for Jay Jalaram Technologies'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.

Jay Jalaram Technologies Equity-to-Asset Chart

Jay Jalaram Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
0.01 0.01 0.02 0.22 0.29

Jay Jalaram Technologies Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Equity-to-Asset Get a 7-Day Free Trial - 0.22 0.45 0.29 0.21

Competitive Comparison of Jay Jalaram Technologies's Equity-to-Asset

For the Internet Retail subindustry, Jay Jalaram Technologies'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.


Jay Jalaram Technologies's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jay Jalaram Technologies's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Jay Jalaram Technologies's Equity-to-Asset falls into.



Jay Jalaram Technologies 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.

Jay Jalaram Technologies's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=236.215/811.365
=0.29

Jay Jalaram Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=236.267/1144.984
=0.21

* 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.


Jay Jalaram Technologies  (NSE:KORE) 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%.


Jay Jalaram Technologies Equity-to-Asset Related Terms

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


Jay Jalaram Technologies (NSE:KORE) Business Description

Traded in Other Exchanges
N/A
Address
Shilp Char Rasta, C. G. Road, Office No.103, Shail Mall, B/H. Girish Cold Drink, Navrangpura, Ahmedabad, GJ, IND, 380009
Jay Jalaram Technologies Ltd is engaged in multi-brand retail selling of smartphones and allied accessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, and Xiaomi. It is also engaged in multi-brand retail selling of consumer durable electronics goods like Smart TVs, Air Conditioners, Fridges, Coolers, etc. from brands like TCL, Haier, Daikin, Voltas, Mi, Realme, OnePlus, Xiaomi, and Skytron. The company operates under the brand name Kore Mobile. The company operates in two segments; Electronic Gadgets and Electric Vehicles. The Majority of revenue is derived from the Trading of the Electronic Gadgets Segment.