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Manila Water Co (Manila Water Co) Equity-to-Asset : 0.32 (As of Mar. 2024)


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What is Manila Water Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Manila Water Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,180.3 Mil. Manila Water Co's Total Assets for the quarter that ended in Mar. 2024 was $3,637.8 Mil. Therefore, Manila Water Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.32.

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

MWTCY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.43   Max: 0.51
Current: 0.32

During the past 13 years, the highest Equity to Asset Ratio of Manila Water Co was 0.51. The lowest was 0.32. And the median was 0.43.

MWTCY's Equity-to-Asset is ranked worse than
62.16% of 518 companies
in the Utilities - Regulated industry
Industry Median: 0.37 vs MWTCY: 0.32

Manila Water Co Equity-to-Asset Historical Data

The historical data trend for Manila Water Co'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.

Manila Water Co Equity-to-Asset Chart

Manila Water Co 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 0.41 0.38 0.40 0.37 0.33

Manila Water Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.37 0.37 0.37 0.33 0.32

Competitive Comparison of Manila Water Co's Equity-to-Asset

For the Utilities - Regulated Water subindustry, Manila Water Co'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.


Manila Water Co's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Manila Water Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Manila Water Co's Equity-to-Asset falls into.



Manila Water Co 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.

Manila Water Co'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
=1183.88/3602.597
=0.33

Manila Water Co'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
=1180.314/3637.841
=0.32

* 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.


Manila Water Co  (OTCPK:MWTCY) 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%.


Manila Water Co Equity-to-Asset Related Terms

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Manila Water Co (Manila Water Co) Business Description

Traded in Other Exchanges
Address
489 Katipunan Road, 2nd Floor, MWSS Administration Building, Balara, Quezon, PHL, 1105
Manila Water Co Inc is a water and wastewater management company. Its operations can be divided among Metro Manila East Zone and Manila Water Philippine Ventures, which operate across municipalities in the Philippines, and Manila Water Asia Pacific, which operates in Vietnam, Myanmar, and Indonesia. The segments of the company consist of Manila Concession and Head Office, Domestic Subsidiaries, and Foreign Subsidiaries. The Manila Concession and Head Office generate maximum revenue for the company.

Manila Water Co (Manila Water Co) Headlines

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