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Morphic Ethical Equity Fund (ASX:MEC) Equity-to-Asset : 0.98 (As of Dec. 2022)


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What is Morphic Ethical Equity Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Morphic Ethical Equity Fund's Total Stockholders Equity for the quarter that ended in Dec. 2022 was A$57.50 Mil. Morphic Ethical Equity Fund's Total Assets for the quarter that ended in Dec. 2022 was A$58.42 Mil. Therefore, Morphic Ethical Equity Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2022 was 0.98.

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

ASX:MEC's Equity-to-Asset is not ranked *
in the Asset Management industry.
Industry Median: 0.83
* Ranked among companies with meaningful Equity-to-Asset only.

Morphic Ethical Equity Fund Equity-to-Asset Historical Data

The historical data trend for Morphic Ethical Equity Fund'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.

Morphic Ethical Equity Fund Equity-to-Asset Chart

Morphic Ethical Equity Fund Annual Data
Trend Sep18 Sep19 Sep20 Sep21
Equity-to-Asset
0.72 0.58 0.80 0.81

Morphic Ethical Equity Fund Semi-Annual Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Dec22
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.90 0.81 0.92 0.98

Competitive Comparison of Morphic Ethical Equity Fund's Equity-to-Asset

For the Asset Management subindustry, Morphic Ethical Equity Fund'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.


Morphic Ethical Equity Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Morphic Ethical Equity Fund's Equity-to-Asset distribution charts can be found below:

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



Morphic Ethical Equity Fund 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.

Morphic Ethical Equity Fund's Equity to Asset Ratio for the fiscal year that ended in Sep. 2021 is calculated as

Equity to Asset (A: Sep. 2021 )=Total Stockholders Equity/Total Assets
=73.163/90.11
=0.81

Morphic Ethical Equity Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )=Total Stockholders Equity/Total Assets
=57.504/58.42
=0.98

* 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.


Morphic Ethical Equity Fund  (ASX:MEC) 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%.


Morphic Ethical Equity Fund Equity-to-Asset Related Terms

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


Morphic Ethical Equity Fund (ASX:MEC) Business Description

Traded in Other Exchanges
N/A
Address
179 Elizabeth Street, Level 11, Sydney, NSW, AUS, 2000
Morphic Ethical Equity Fund Ltd seeks to provide investors a way to grow their wealth. The fund excludes direct investments in entities involved in environmental destruction, including coal and uranium mining, oil and gas, intensive animal farming and aquaculture, tobacco and alcohol, armaments, gambling and rainforest.