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WSFX Global Pay (BOM:511147) Equity-to-Asset : 0.44 (As of Mar. 2024)


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What is WSFX Global Pay Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. WSFX Global Pay's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹325.4 Mil. WSFX Global Pay's Total Assets for the quarter that ended in Mar. 2024 was ₹744.3 Mil. Therefore, WSFX Global Pay's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.44.

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

BOM:511147' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.45   Max: 0.71
Current: 0.44

During the past 13 years, the highest Equity to Asset Ratio of WSFX Global Pay was 0.71. The lowest was 0.24. And the median was 0.45.

BOM:511147's Equity-to-Asset is ranked worse than
54.76% of 809 companies
in the Capital Markets industry
Industry Median: 0.5 vs BOM:511147: 0.44

WSFX Global Pay Equity-to-Asset Historical Data

The historical data trend for WSFX Global Pay'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.

WSFX Global Pay Equity-to-Asset Chart

WSFX Global Pay 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 0.71 0.64 0.46 0.40 0.44

WSFX Global Pay 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 0.40 - 0.33 - 0.44

Competitive Comparison of WSFX Global Pay's Equity-to-Asset

For the Capital Markets subindustry, WSFX Global Pay'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.


WSFX Global Pay's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, WSFX Global Pay's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where WSFX Global Pay's Equity-to-Asset falls into.



WSFX Global Pay 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.

WSFX Global Pay'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
=325.444/744.349
=0.44

WSFX Global Pay'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
=325.444/744.349
=0.44

* 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.


WSFX Global Pay  (BOM:511147) 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%.


WSFX Global Pay Equity-to-Asset Related Terms

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


WSFX Global Pay (BOM:511147) Business Description

Traded in Other Exchanges
N/A
Address
Unit 622, M.V. Road, 6th Floor, The Summit Business Bay - Omkar Prakash Wadi, Opposite PVR Cinema, Chakala, Andheri (East), Mumbai, MH, IND, 400093
WSFX Global Pay Ltd is a financial service company in India. It is an RBI licensed, Authorized Dealer Category II foreign exchange house. The company is engaged in the foreign currency business and money transfer business. The segments of the company for forex are Wholesale, Student, Retail, Corporate, and Remittance. It offers products such as Currency Notes, Forex Prepaid Cards, Travellers Cheque, Outward Remittances, Travel Insurance, Smart Currency Card, and Student Identity Card.

WSFX Global Pay (BOM:511147) Headlines

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