Multi Ways Holdings (Multi Ways Holdings) Equity-to-Asset : 0.26 (As of Jun. 2023)

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What is Multi Ways Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Multi Ways Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $16.82 Mil. Multi Ways Holdings's Total Assets for the quarter that ended in Jun. 2023 was $63.70 Mil. Therefore, Multi Ways Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.26.

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

MWG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1 Med: 0.13 Max: 0.3
Current: 0.26

During the past 3 years, the highest Equity to Asset Ratio of Multi Ways Holdings was 0.30. The lowest was 0.10. And the median was 0.13.

MWG's Equity-to-Asset is ranked worse than
79.29% of 1091 companies
in the Business Services industry
Industry Median: 0.49 vs MWG: 0.26

Multi Ways Holdings Equity-to-Asset Historical Data

The historical data trend for Multi Ways Holdings'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.

Multi Ways Holdings Equity-to-Asset Chart

Multi Ways Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Equity-to-Asset

0.30

0.10

0.12

Multi Ways Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Equity-to-Asset	Get a 7-Day Free Trial			-	0.10	0.13	0.12	0.26

Competitive Comparison of Multi Ways Holdings's Equity-to-Asset

For the Rental & Leasing Services subindustry, Multi Ways Holdings'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.

Multi Ways Holdings's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Multi Ways Holdings's Equity-to-Asset distribution charts can be found below:

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

Multi Ways Holdings 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.

Multi Ways Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	6.262	/	52.786
	=	0.12

Multi Ways Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	16.823	/	63.702
	=	0.26

Multi Ways Holdings (AMEX:MWG) 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%.

Multi Ways Holdings Equity-to-Asset Related Terms

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

Multi Ways Holdings (Multi Ways Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Multi Ways Holdings Ltd (AMEX:MWG) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3E Gul Circle, Singapore, SGP, 629633

Website

https://www.multiways.com.sg

Multi Ways Holdings Ltd is a supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region. The wide variety of new and used heavy construction equipment for sale and rental by customers range from: earth-moving equipment such as bulldozers, off-terrain dump trucks, excavators and wheel loaders; material-handling equipment such as crawler cranes, rough terrain cranes, scissor lifts, forklifts, boom-lifts and telescopic handlers; road-building equipment such as motor graders, vibrating compactors, asphalt finishers, skid loaders, backhoe loaders, hand rollers and mini excavators; and generators and compressors, such as air compressors, generators, lighting towers and welding machines.