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Steelman Telecom (BOM:543622) Equity-to-Asset : 0.34 (As of Mar. 2024)


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What is Steelman Telecom Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Steelman Telecom's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹362 Mil. Steelman Telecom's Total Assets for the quarter that ended in Mar. 2024 was ₹1,069 Mil. Therefore, Steelman Telecom's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.34.

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

BOM:543622' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27   Med: 0.34   Max: 0.34
Current: 0.34

During the past 5 years, the highest Equity to Asset Ratio of Steelman Telecom was 0.34. The lowest was 0.27. And the median was 0.34.

BOM:543622's Equity-to-Asset is ranked worse than
58.64% of 382 companies
in the Telecommunication Services industry
Industry Median: 0.4 vs BOM:543622: 0.34

Steelman Telecom Equity-to-Asset Historical Data

The historical data trend for Steelman Telecom'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.

Steelman Telecom Equity-to-Asset Chart

Steelman Telecom Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
0.27 0.31 0.34 0.34 0.34

Steelman Telecom Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Equity-to-Asset Get a 7-Day Free Trial 0.34 - 0.34 0.31 0.34

Competitive Comparison of Steelman Telecom's Equity-to-Asset

For the Telecom Services subindustry, Steelman Telecom'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.


Steelman Telecom's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Steelman Telecom's Equity-to-Asset distribution charts can be found below:

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



Steelman Telecom 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.

Steelman Telecom'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
=362.439/1069.238
=0.34

Steelman Telecom's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=362.439/1069.238
=0.34

* 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.


Steelman Telecom  (BOM:543622) 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%.


Steelman Telecom Equity-to-Asset Related Terms

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


Steelman Telecom Business Description

Traded in Other Exchanges
N/A
Address
Street No. 315, New Town, Rishi Tower, Premises No. 02-315, Kolkata, WB, IND, 700156
Steelman Telecom Ltd offer support services and solutions to address the network requirements of the telecom industry. The company provide services for network survey and planning, installation and commissioning, network testing and optimization, network solutions and managed services for network maintenance.

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