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Asarfi Hospital (BOM:543943) Equity-to-Asset : 0.44 (As of Sep. 2023)


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What is Asarfi Hospital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asarfi Hospital's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹676.9 Mil. Asarfi Hospital's Total Assets for the quarter that ended in Sep. 2023 was ₹1,555.9 Mil. Therefore, Asarfi Hospital's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.44.

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

BOM:543943' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.44   Max: 0.45
Current: 0.44

During the past 3 years, the highest Equity to Asset Ratio of Asarfi Hospital was 0.45. The lowest was 0.36. And the median was 0.44.

BOM:543943's Equity-to-Asset is ranked worse than
51.99% of 679 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs BOM:543943: 0.44

Asarfi Hospital Equity-to-Asset Historical Data

The historical data trend for Asarfi Hospital'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.

Asarfi Hospital Equity-to-Asset Chart

Asarfi Hospital Annual Data
Trend Mar21 Mar22 Mar23
Equity-to-Asset
0.45 0.36 0.45

Asarfi Hospital Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23
Equity-to-Asset 0.45 0.36 - 0.45 0.44

Competitive Comparison of Asarfi Hospital's Equity-to-Asset

For the Medical Care Facilities subindustry, Asarfi Hospital'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.


Asarfi Hospital's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Asarfi Hospital's Equity-to-Asset distribution charts can be found below:

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



Asarfi Hospital 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.

Asarfi Hospital'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
=418.426/934.271
=0.45

Asarfi Hospital'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
=676.907/1555.915
=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.


Asarfi Hospital  (BOM:543943) 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%.


Asarfi Hospital Equity-to-Asset Related Terms

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


Asarfi Hospital (BOM:543943) Business Description

Traded in Other Exchanges
N/A
Address
Bishunpur Polytechnic, Baramuri, 4th floor, Dhanbad, JH, IND, 828130
Asarfi Hospital Ltd provides healthcare facilities to the people of Jharkhand. It is a is a 250 bedded multi-specialty hospital offering healthcare facilities. The company is committed towards delivering valued healthcare services to patients that include prevention, treatment, and proper rehabilitation.

Asarfi Hospital (BOM:543943) Headlines

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