Nirmitee Robotics India (BOM:543194) Equity-to-Asset : 0.64 (As of Sep. 2023)

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What is Nirmitee Robotics India Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nirmitee Robotics India's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹47.44 Mil. Nirmitee Robotics India's Total Assets for the quarter that ended in Sep. 2023 was ₹73.84 Mil. Therefore, Nirmitee Robotics India's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.64.

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

BOM:543194' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12 Med: 0.85 Max: 0.94
Current: 0.64

During the past 7 years, the highest Equity to Asset Ratio of Nirmitee Robotics India was 0.94. The lowest was 0.12. And the median was 0.85.

BOM:543194's Equity-to-Asset is ranked better than
68.78% of 1089 companies
in the Business Services industry
Industry Median: 0.5 vs BOM:543194: 0.64

Nirmitee Robotics India Equity-to-Asset Historical Data

The historical data trend for Nirmitee Robotics India'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.

Nirmitee Robotics India Equity-to-Asset Chart

Nirmitee Robotics India Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.84

0.86

0.87

0.89

0.63

Nirmitee Robotics India Semi-Annual Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial							0.93	0.89	0.85	0.63	0.64

Competitive Comparison of Nirmitee Robotics India's Equity-to-Asset

For the Specialty Business Services subindustry, Nirmitee Robotics India'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.

Nirmitee Robotics India's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Nirmitee Robotics India's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Nirmitee Robotics India's Equity-to-Asset falls into.

Nirmitee Robotics India 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.

Nirmitee Robotics India'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
	=	51.807	/	82.589
	=	0.63

Nirmitee Robotics India'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
	=	47.438	/	73.839
	=	0.64

Nirmitee Robotics India (BOM:543194) 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%.

Nirmitee Robotics India Equity-to-Asset Related Terms

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

Nirmitee Robotics India (BOM:543194) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Nirmitee Robotics India Ltd (BOM:543194) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hingna, MIDC, D 3/2, Nagpur, MH, IND, 440028

Website

https://www.nirmiteerobotics.com

Nirmitee Robotics India Ltd is a tech-based company making robots using robotic technology. It provides HVAC Duct Cleaning and Ozone sterilization services with these robots. The company makes custom made robots operated by machines that clean the inside of HVAC Air Ducts - by scrubbing, polishing, sucking, scraping, and removal of the accumulated contaminants like dust, debris, bacteria, mold, and even dead pests and rodents and provides the Ozone treatment to the ducts from the inside and thus sanitizes it.

Nirmitee Robotics India (BOM:543194) Headlines

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