GURUFOCUS.COM » STOCK LIST » Technology » Software » Quicktouch Technologies Ltd (NSE:QUICKTOUCH) » Definitions » Equity-to-Asset

Quicktouch Technologies (NSE:QUICKTOUCH) Equity-to-Asset : 0.28 (As of Mar. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Quicktouch Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Quicktouch Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹130.0 Mil. Quicktouch Technologies's Total Assets for the quarter that ended in Mar. 2023 was ₹469.9 Mil. Therefore, Quicktouch Technologies's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.28.

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

NSE:QUICKTOUCH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.28   Max: 0.79
Current: 0.28

During the past 6 years, the highest Equity to Asset Ratio of Quicktouch Technologies was 0.79. The lowest was 0.23. And the median was 0.28.

NSE:QUICKTOUCH's Equity-to-Asset is ranked worse than
78.29% of 2851 companies
in the Software industry
Industry Median: 0.55 vs NSE:QUICKTOUCH: 0.28

Quicktouch Technologies Equity-to-Asset Historical Data

The historical data trend for Quicktouch 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.

Quicktouch Technologies Equity-to-Asset Chart

Quicktouch Technologies Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial 0.79 0.23 0.29 0.25 0.28

Quicktouch Technologies Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset Get a 7-Day Free Trial 0.79 0.23 0.29 0.25 0.28

Competitive Comparison of Quicktouch Technologies's Equity-to-Asset

For the Information Technology Services subindustry, Quicktouch 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.


Quicktouch Technologies's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Quicktouch Technologies's Equity-to-Asset distribution charts can be found below:

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



Quicktouch 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.

Quicktouch 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
=130.049/469.898
=0.28

Quicktouch Technologies's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )=Total Stockholders Equity/Total Assets
=130.049/469.898
=0.28

* 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.


Quicktouch Technologies  (NSE:QUICKTOUCH) 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%.


Quicktouch Technologies Equity-to-Asset Related Terms

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


Quicktouch Technologies (NSE:QUICKTOUCH) Business Description

Traded in Other Exchanges
N/A
Address
Netaji Subhash Place, Office No. 203, 2nd Floor, D-Mall, Pitampura, Delhi, IND, 110034
Quicktouch Technologies Ltd is an information technology company. The company is in the business of Software IT solutions and Consulting Services, IT Product/Software Development and Software Commercial Training, and Web designing. The company offers Experience Designing, Software Engineering, Content Engineering, Digital Accelerators, Data & Analytics, Data Management & Cloud Adoption.

Quicktouch Technologies (NSE:QUICKTOUCH) Headlines

No Headlines