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Muthoot Finance (BOM:533398) Equity-to-Asset : 0.26 (As of Dec. 2023)


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What is Muthoot Finance Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Muthoot Finance's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹240,175 Mil. Muthoot Finance's Total Assets for the quarter that ended in Dec. 2023 was ₹929,228 Mil. Therefore, Muthoot Finance's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.26.

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

BOM:533398' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.23   Max: 0.29
Current: 0.26

During the past 13 years, the highest Equity to Asset Ratio of Muthoot Finance was 0.29. The lowest was 0.17. And the median was 0.23.

BOM:533398's Equity-to-Asset is ranked worse than
59.37% of 539 companies
in the Credit Services industry
Industry Median: 0.36 vs BOM:533398: 0.26

Muthoot Finance Equity-to-Asset Historical Data

The historical data trend for Muthoot 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.

Muthoot Finance Equity-to-Asset Chart

Muthoot Finance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.22 0.23 0.25 0.27

Muthoot Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.29 0.27 0.27 0.26 0.26

Competitive Comparison of Muthoot Finance's Equity-to-Asset

For the Credit Services subindustry, Muthoot 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.


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

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

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



Muthoot 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.

Muthoot Finance'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
=216657.52/801489.2
=0.27

Muthoot Finance's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=240174.54/929227.6
=0.26

* 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.


Muthoot Finance  (BOM:533398) 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%.


Muthoot Finance Equity-to-Asset Related Terms

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


Muthoot Finance (BOM:533398) Business Description

Traded in Other Exchanges
Address
Banerji Road, Ernakulam, 2nd Floor, Muthoot Chambers, Opposite Saritha Theatre Complex, Kochi, KL, IND, 682 018
Muthoot Finance Ltd is a non-deposit-taking, non-banking financial company with thousands of branches in India. The company's main business is providing personal and business loans to individuals who do not have access to formal credit. The loans are typically secured by gold jewelry. Muthoot also offers some microfinance loans and housing loans to customer segments and areas that are underserved by banks. Interest income accounts for nearly all the company's revenue. Muthoot has operations in Sri Lanka and India, with India providing almost all the company's revenue.

Muthoot Finance (BOM:533398) Headlines

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