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Endurance Technologies (NSE:ENDURANCE) Equity-to-Asset : 0.62 (As of Sep. 2024)


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What is Endurance Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Endurance Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹53,086 Mil. Endurance Technologies's Total Assets for the quarter that ended in Sep. 2024 was ₹85,097 Mil. Therefore, Endurance Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.62.

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

NSE:ENDURANCE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42   Med: 0.57   Max: 0.67
Current: 0.62

During the past 13 years, the highest Equity to Asset Ratio of Endurance Technologies was 0.67. The lowest was 0.42. And the median was 0.57.

NSE:ENDURANCE's Equity-to-Asset is ranked better than
72.26% of 1316 companies
in the Vehicles & Parts industry
Industry Median: 0.475 vs NSE:ENDURANCE: 0.62

Endurance Technologies Equity-to-Asset Historical Data

The historical data trend for Endurance Technologies'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.

Endurance Technologies Equity-to-Asset Chart

Endurance Technologies 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 0.59 0.62 0.67 0.65 0.63

Endurance Technologies 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 0.62 - 0.63 - 0.62

Competitive Comparison of Endurance Technologies's Equity-to-Asset

For the Auto Parts subindustry, Endurance Technologies'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.


Endurance Technologies's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Endurance Technologies's Equity-to-Asset distribution charts can be found below:

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



Endurance Technologies 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.

Endurance Technologies'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
=49774.41/78856.94
=0.63

Endurance Technologies'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
=53085.88/85097.38
=0.62

* 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.


Endurance Technologies  (NSE:ENDURANCE) 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%.


Endurance Technologies Equity-to-Asset Related Terms

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


Endurance Technologies Business Description

Traded in Other Exchanges
Address
Plot No. E-92, MIDC Industrial Area, Waluj, Chhatrapati Sambhajinagar, MH, IND, 431136
Endurance Technologies Ltd is an automotive component manufacturing company. The company manufactures and sells aluminium die-casting, suspension, transmission, battery management systems, and braking products. Some of its products include high-pressure and low-pressure die castings, shock absorbers, front forks, clutch assemblies, cork, and paper-based friction plates, Continuous Variable Transmission (CVT), hydraulic disc brakes, hydraulic drum brakes, and others. Geographically, it derives a majority of its revenue from India and also has a presence outside India across countries like Italy, Germany, and Tunisia.

Endurance Technologies Headlines

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