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JMD Ventures (BOM:511092) Equity-to-Asset : 0.92 (As of Sep. 2024)


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What is JMD Ventures Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. JMD Ventures's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹378.40 Mil. JMD Ventures's Total Assets for the quarter that ended in Sep. 2024 was ₹411.10 Mil. Therefore, JMD Ventures's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.92.

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

BOM:511092' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21   Med: 0.92   Max: 0.97
Current: 0.92

During the past 13 years, the highest Equity to Asset Ratio of JMD Ventures was 0.97. The lowest was 0.21. And the median was 0.92.

BOM:511092's Equity-to-Asset is ranked better than
85.71% of 798 companies
in the Capital Markets industry
Industry Median: 0.54 vs BOM:511092: 0.92

JMD Ventures Equity-to-Asset Historical Data

The historical data trend for JMD Ventures'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.

JMD Ventures Equity-to-Asset Chart

JMD Ventures 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 0.96 0.93 0.93 0.94 0.95

JMD Ventures Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.94 - 0.95 - 0.92

Competitive Comparison of JMD Ventures's Equity-to-Asset

For the Capital Markets subindustry, JMD Ventures'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.


JMD Ventures's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, JMD Ventures's Equity-to-Asset distribution charts can be found below:

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



JMD Ventures 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.

JMD Ventures'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
=370.204/389.088
=0.95

JMD Ventures's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=378.403/411.096
=0.92

* 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.


JMD Ventures  (BOM:511092) 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%.


JMD Ventures Equity-to-Asset Related Terms

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


JMD Ventures Business Description

Traded in Other Exchanges
N/A
Address
New Link Road, Unit Number 323 and 324, 3rd Floor, Building Number 9, Laxmi Plaza, Andheri (West), Mumbai, MH, IND, 400053
JMD Ventures Ltd operates in the music industry. The company is engaged in the business of entertainment (Music) segment as well as in the segment of finance and investments. The activities of the company include recording and sale of music CDs, renting the recording studios, financing, investing in shares and other securities, commodities, and other related activities of capital markets. The company generates maximum revenue from finance and investments.

JMD Ventures Headlines

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