Marlborough Wine Estates Group (NZSE:MWE) Equity-to-Asset : 0.71 (As of Dec. 2023)

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What is Marlborough Wine Estates Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Marlborough Wine Estates Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NZ$30.31 Mil. Marlborough Wine Estates Group's Total Assets for the quarter that ended in Dec. 2023 was NZ$42.56 Mil. Therefore, Marlborough Wine Estates Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.71.

The historical rank and industry rank for Marlborough Wine Estates Group's Equity-to-Asset or its related term are showing as below:

NZSE:MWE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62 Med: 0.69 Max: 0.75
Current: 0.71

During the past 8 years, the highest Equity to Asset Ratio of Marlborough Wine Estates Group was 0.75. The lowest was 0.62. And the median was 0.69.

NZSE:MWE's Equity-to-Asset is ranked better than
76.04% of 217 companies
in the Beverages - Alcoholic industry
Industry Median: 0.51 vs NZSE:MWE: 0.71

Marlborough Wine Estates Group Equity-to-Asset Historical Data

The historical data trend for Marlborough Wine Estates Group'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.

Marlborough Wine Estates Group Equity-to-Asset Chart

Marlborough Wine Estates Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

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0.65

0.62

0.67

0.72

Marlborough Wine Estates Group Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial											0.69	0.72	0.74	0.72	0.71

Competitive Comparison of Marlborough Wine Estates Group's Equity-to-Asset

For the Beverages - Wineries & Distilleries subindustry, Marlborough Wine Estates Group'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.

Marlborough Wine Estates Group's Equity-to-Asset Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Marlborough Wine Estates Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Marlborough Wine Estates Group's Equity-to-Asset falls into.

Marlborough Wine Estates Group 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.

Marlborough Wine Estates Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	31.08	/	42.991
	=	0.72

Marlborough Wine Estates Group'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
	=	30.306	/	42.555
	=	0.71

Marlborough Wine Estates Group (NZSE:MWE) 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%.

Marlborough Wine Estates Group Equity-to-Asset Related Terms

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Marlborough Wine Estates Group (NZSE:MWE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Marlborough Wine Estates Group Ltd (NZSE:MWE) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-7 Kingdon Street, Level 6, Newmarket, Central, Auckland, NTL, NZL

Website

https://www.nzmwe.com

Marlborough Wine Estates Group Ltd is a New Zealand-based company engaged in vineyard maintenance, grape production, and winemaking. It operates under the brand names of O:TU wines and Music Bay. The group operates in various geographical areas including New Zealand and Oceania; United States; UK/Europe; Australasia and Others. It derives a majority of its revenue from New Zealand and Oceania.