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Globus Power Generation (BOM:526025) Equity-to-Asset : 0.55 (As of Mar. 2024)


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What is Globus Power Generation Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Globus Power Generation's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹52.99 Mil. Globus Power Generation's Total Assets for the quarter that ended in Mar. 2024 was ₹95.96 Mil. Therefore, Globus Power Generation's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.55.

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

BOM:526025' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.09   Med: 0.59   Max: 0.78
Current: 0.55

During the past 11 years, the highest Equity to Asset Ratio of Globus Power Generation was 0.78. The lowest was -0.09. And the median was 0.59.

BOM:526025's Equity-to-Asset is ranked better than
71.43% of 441 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.4 vs BOM:526025: 0.55

Globus Power Generation Equity-to-Asset Historical Data

The historical data trend for Globus Power Generation'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.

Globus Power Generation Equity-to-Asset Chart

Globus Power Generation 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 0.78 0.57 0.51 -0.09 0.55

Globus Power Generation 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 -0.09 - -0.16 - 0.55

Competitive Comparison of Globus Power Generation's Equity-to-Asset

For the Utilities - Renewable subindustry, Globus Power Generation'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.


Globus Power Generation's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Globus Power Generation's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Globus Power Generation's Equity-to-Asset falls into.



Globus Power Generation 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.

Globus Power Generation'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
=52.991/95.963
=0.55

Globus Power Generation'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
=52.991/95.963
=0.55

* 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.


Globus Power Generation  (BOM:526025) 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%.


Globus Power Generation Equity-to-Asset Related Terms

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


Globus Power Generation (BOM:526025) Business Description

Traded in Other Exchanges
N/A
Address
Naraina Industrial Area, A-60, Phase-I, New Delhi, UP, IND, 110028
Globus Power Generation Ltd is a company engaged in the business of making investments in the infrastructure sector particularly power generation business and acquisition of wind/biomass/solar power plants. It is also involved in investing in other securities, derivatives, mutual funds, and properties. It offers an alternative revelation to conventional sources, such as coal and gasoline. It is involved in the sale of biomass fuel in the line of activity of power generation.

Globus Power Generation (BOM:526025) Headlines

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