Alpex Solar (NSE:ALPEXSOLAR) Equity-to-Asset : 0.35 (As of Sep. 2023)

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What is Alpex Solar Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alpex Solar's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹491 Mil. Alpex Solar's Total Assets for the quarter that ended in Sep. 2023 was ₹1,419 Mil.

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

NSE:ALPEXSOLAR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33 Med: 0.36 Max: 0.38
Current: 0.35

During the past 3 years, the highest Equity to Asset Ratio of Alpex Solar was 0.38. The lowest was 0.33. And the median was 0.36.

NSE:ALPEXSOLAR's Equity-to-Asset is ranked worse than
83.83% of 1002 companies
in the Semiconductors industry
Industry Median: 0.63 vs NSE:ALPEXSOLAR: 0.35

Alpex Solar Equity-to-Asset Historical Data

The historical data trend for Alpex Solar'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.

Alpex Solar Equity-to-Asset Chart

Alpex Solar Annual Data

Trend

Mar21

Mar22

Mar23

Equity-to-Asset

0.38

0.33

Alpex Solar Quarterly Data
	Mar21	Mar22	Mar23	Sep23
Equity-to-Asset	0.38	0.38	0.33	0.35

Competitive Comparison of Alpex Solar's Equity-to-Asset

For the Solar subindustry, Alpex Solar'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.

Alpex Solar's Equity-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Alpex Solar's Equity-to-Asset distribution charts can be found below:

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

Alpex Solar 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.

Alpex Solar'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
	=	414.628	/	1255.963
	=	0.33

Alpex Solar'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
	=	490.685	/	1418.847
	=

Alpex Solar (NSE:ALPEXSOLAR) 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%.

Alpex Solar Equity-to-Asset Related Terms

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

Alpex Solar (NSE:ALPEXSOLAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Alpex Solar Ltd (NSE:ALPEXSOLAR) » Definitions » Equity-to-Asset

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Traded in Other Exchanges

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Address

Website

Alpex Solar Ltd is a solar photovoltaic (PV) module manufacturer in India. Its PV modules are manufactured using both monocrystalline and polycrystalline cell technologies. Company portfolio of solar energy products consists of bifacial, mono perc, Halfcut solar PV modules and also provide integrated solar energy solutions, including engineering, procurement, construction (EPC) of AC/DC Solar Pumps in both Surface and Submersible categories.

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