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Roadzen (Roadzen) Equity-to-Asset : -0.02 (As of Dec. 2023)


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What is Roadzen Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Roadzen's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.97 Mil. Roadzen's Total Assets for the quarter that ended in Dec. 2023 was $66.64 Mil. Therefore, Roadzen's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.02.

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

RDZN' s Equity-to-Asset Range Over the Past 10 Years
Min: -3.35   Med: -1.95   Max: 0.04
Current: -0.02

During the past 3 years, the highest Equity to Asset Ratio of Roadzen was 0.04. The lowest was -3.35. And the median was -1.95.

RDZN's Equity-to-Asset is ranked worse than
91.06% of 2851 companies
in the Software industry
Industry Median: 0.55 vs RDZN: -0.02

Roadzen Equity-to-Asset Historical Data

The historical data trend for Roadzen'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.

Roadzen Equity-to-Asset Chart

Roadzen Annual Data
Trend Mar21 Mar22 Mar23
Equity-to-Asset
-1.59 -2.32 -3.35

Roadzen Quarterly Data
Mar21 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial - -2.86 -3.35 0.04 -0.02

Competitive Comparison of Roadzen's Equity-to-Asset

For the Software - Application subindustry, Roadzen'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.


Roadzen's Equity-to-Asset Distribution in the Software Industry

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

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



Roadzen 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.

Roadzen'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
=-50.845/15.181
=-3.35

Roadzen's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-0.968/66.635
=-0.01

* 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.


Roadzen  (NAS:RDZN) 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%.


Roadzen Equity-to-Asset Related Terms

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


Roadzen (Roadzen) Business Description

Traded in Other Exchanges
N/A
Address
c/o Cogency Global Inc, 850 New Burton Road, Suite 201, Dover, DE, USA, 19904
Roadzen Inc is an insurance technology company on a mission to transform global auto insurance powered by advanced AI. Its clients comprise major insurers, fleets, and carmakers to small fleets, brokers, and insurance agents that use Roadzen's technology to build new products, sell insurance, process claims, and improve road safety. Roadzen's work in telematics and computer vision has earned recognition as an AI innovator by publications such as Forbes, Fortune, and Financial Express.

Roadzen (Roadzen) Headlines