Micropro Software Solutions (NSE:MICROPRO) Equity-to-Asset : 0.64 (As of Mar. 2023)

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What is Micropro Software Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Micropro Software Solutions's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₹164.8 Mil. Micropro Software Solutions's Total Assets for the quarter that ended in Mar. 2023 was ₹256.0 Mil. Therefore, Micropro Software Solutions's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.64.

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

NSE:MICROPRO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51 Med: 0.52 Max: 0.64
Current: 0.64

During the past 3 years, the highest Equity to Asset Ratio of Micropro Software Solutions was 0.64. The lowest was 0.51. And the median was 0.52.

NSE:MICROPRO's Equity-to-Asset is ranked better than
63.39% of 2849 companies
in the Software industry
Industry Median: 0.54 vs NSE:MICROPRO: 0.64

Micropro Software Solutions Equity-to-Asset Historical Data

The historical data trend for Micropro Software Solutions'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.

Micropro Software Solutions Equity-to-Asset Chart

Micropro Software Solutions Annual Data

Trend

Mar21

Mar22

Mar23

Equity-to-Asset

0.51

0.52

0.64

Micropro Software Solutions Semi-Annual Data
	Mar21	Mar22	Mar23
Equity-to-Asset	0.51	0.52	0.64

Competitive Comparison of Micropro Software Solutions's Equity-to-Asset

For the Information Technology Services subindustry, Micropro Software Solutions'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.

Micropro Software Solutions's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Micropro Software Solutions's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Micropro Software Solutions's Equity-to-Asset falls into.

Micropro Software Solutions 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.

Micropro Software Solutions'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
	=	164.821	/	255.957
	=	0.64

Micropro Software Solutions's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	164.821	/	255.957
	=	0.64

Micropro Software Solutions (NSE:MICROPRO) 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%.

Micropro Software Solutions Equity-to-Asset Related Terms

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

Micropro Software Solutions (NSE:MICROPRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Micropro Software Solutions Ltd (NSE:MICROPRO) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gayatri Nagar Road, Plot NO. 28, 102 Wing A, 7th Floor, VIPL IT Park Building, Nagpur, MH, IND, 440022

Website

https://www.microproindia.com

Micropro Software Solutions Ltd is engaged in the business of providing software development, maintenance services as well as trading of hardware and software products. The company provides consulting along with technical services and IT solutions to its clients across different industries. The services offered by the company include IT Infrastructure Management, Manpower Services, Network and Security Services among others. It also offers software products such as HospyCare, OpenSys-Logix, OpenSys MicroBooks and others.

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