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Manchester & London Investment Trust (LSE:MNL) Equity-to-Asset : 0.99 (As of Jan. 2024)


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What is Manchester & London Investment Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Manchester & London Investment Trust's Total Stockholders Equity for the quarter that ended in Jan. 2024 was £272.9 Mil. Manchester & London Investment Trust's Total Assets for the quarter that ended in Jan. 2024 was £276.9 Mil. Therefore, Manchester & London Investment Trust's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.99.

The historical rank and industry rank for Manchester & London Investment Trust's Equity-to-Asset or its related term are showing as below:

LSE:MNL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.9   Med: 0.97   Max: 0.99
Current: 0.99

During the past 13 years, the highest Equity to Asset Ratio of Manchester & London Investment Trust was 0.99. The lowest was 0.90. And the median was 0.97.

LSE:MNL's Equity-to-Asset is ranked better than
90.38% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs LSE:MNL: 0.99

Manchester & London Investment Trust Equity-to-Asset Historical Data

The historical data trend for Manchester & London Investment Trust'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.

Manchester & London Investment Trust Equity-to-Asset Chart

Manchester & London Investment Trust Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.90 0.93 0.92 0.99

Manchester & London Investment Trust Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 0.96 0.92 0.97 0.99 0.99

Competitive Comparison of Manchester & London Investment Trust's Equity-to-Asset

For the Asset Management subindustry, Manchester & London Investment Trust'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.


Manchester & London Investment Trust's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Manchester & London Investment Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Manchester & London Investment Trust's Equity-to-Asset falls into.



Manchester & London Investment Trust 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.

Manchester & London Investment Trust's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )=Total Stockholders Equity/Total Assets
=221.379/223.326
=0.99

Manchester & London Investment Trust's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=272.871/276.872
=0.99

* 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.


Manchester & London Investment Trust  (LSE:MNL) 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%.


Manchester & London Investment Trust Equity-to-Asset Related Terms

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Manchester & London Investment Trust (LSE:MNL) Business Description

Traded in Other Exchanges
Address
12a Princes Gate Mews, London, GBR, SW7 2PS
Manchester & London Investment Trust PLC is an investment company. It invests in companies whose shares are admitted to trading on a regulated market. The investment objective of the company is to achieve capital appreciation together with a reasonable level of income. It may invest in derivatives, money market instruments, currency instruments, contracts for differences (CFDs), futures, forwards, and options for the purposes of holding investments and hedging positions against movements in equity markets, currencies, and interest rates.

Manchester & London Investment Trust (LSE:MNL) Headlines

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