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Motor Oil (Hellas) Corinth Refineries (Motor Oil (Hellas) Corinth Refineries) Equity-to-Asset : 0.35 (As of Dec. 2023)


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What is Motor Oil (Hellas) Corinth Refineries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Motor Oil (Hellas) Corinth Refineries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,905 Mil. Motor Oil (Hellas) Corinth Refineries's Total Assets for the quarter that ended in Dec. 2023 was $8,259 Mil. Therefore, Motor Oil (Hellas) Corinth Refineries's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.35.

The historical rank and industry rank for Motor Oil (Hellas) Corinth Refineries's Equity-to-Asset or its related term are showing as below:

MOHCY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.29   Max: 0.39
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Motor Oil (Hellas) Corinth Refineries was 0.39. The lowest was 0.17. And the median was 0.29.

MOHCY's Equity-to-Asset is ranked worse than
68.77% of 1092 companies
in the Oil & Gas industry
Industry Median: 0.5 vs MOHCY: 0.35

Motor Oil (Hellas) Corinth Refineries Equity-to-Asset Historical Data

The historical data trend for Motor Oil (Hellas) Corinth Refineries'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.

Motor Oil (Hellas) Corinth Refineries Equity-to-Asset Chart

Motor Oil (Hellas) Corinth Refineries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.30 0.24 0.28 0.35

Motor Oil (Hellas) Corinth Refineries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.28 0.31 0.31 0.34 0.35

Competitive Comparison of Motor Oil (Hellas) Corinth Refineries's Equity-to-Asset

For the Oil & Gas Refining & Marketing subindustry, Motor Oil (Hellas) Corinth Refineries'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.


Motor Oil (Hellas) Corinth Refineries's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Motor Oil (Hellas) Corinth Refineries's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Motor Oil (Hellas) Corinth Refineries's Equity-to-Asset falls into.



Motor Oil (Hellas) Corinth Refineries 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.

Motor Oil (Hellas) Corinth Refineries's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2905.29/8258.621
=0.35

Motor Oil (Hellas) Corinth Refineries'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
=2905.29/8258.621
=0.35

* 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.


Motor Oil (Hellas) Corinth Refineries  (OTCPK:MOHCY) 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%.


Motor Oil (Hellas) Corinth Refineries Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Motor Oil (Hellas) Corinth Refineries's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Motor Oil (Hellas) Corinth Refineries (Motor Oil (Hellas) Corinth Refineries) Business Description

Traded in Other Exchanges
Address
12A, Irodou Attikou Street, Maroussi, GRC, 151 24
Motor Oil (Hellas) Corinth Refineries SA operates a series of ancillary plants and offsite facilities that make up its refinery business. Its operations can process crude oils of various characteristics and produce a full range of petroleum products, complying with myriad international specifications. It serves major petroleum marketing companies in Greece and internationally. Motor Oil Hellas' production ranges from light ends and gasoline to middle distillates, fuel, bitumen, and lubricants. The company is one of very few in its region that produces and packages lubricants. Its base oils and lubricants are approved by several prominent international organizations.

Motor Oil (Hellas) Corinth Refineries (Motor Oil (Hellas) Corinth Refineries) Headlines

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