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Migdalor- Alternative Products (XTAE:MGDA) Equity-to-Asset : 0.71 (As of Jun. 2023)


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What is Migdalor- Alternative Products Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Migdalor- Alternative Products's Total Stockholders Equity for the quarter that ended in Jun. 2023 was ₪51.03 Mil. Migdalor- Alternative Products's Total Assets for the quarter that ended in Jun. 2023 was ₪72.20 Mil. Therefore, Migdalor- Alternative Products's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.71.

The historical rank and industry rank for Migdalor- Alternative Products's Equity-to-Asset or its related term are showing as below:

XTAE:MGDA' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.24   Med: 0.69   Max: 0.75
Current: 0.71

During the past 5 years, the highest Equity to Asset Ratio of Migdalor- Alternative Products was 0.75. The lowest was -0.24. And the median was 0.69.

XTAE:MGDA's Equity-to-Asset is not ranked
in the Asset Management industry.
Industry Median: 0.82 vs XTAE:MGDA: 0.71

Migdalor- Alternative Products Equity-to-Asset Historical Data

The historical data trend for Migdalor- Alternative Products'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.

Migdalor- Alternative Products Equity-to-Asset Chart

Migdalor- Alternative Products Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
- -0.24 -0.15 0.75 0.69

Migdalor- Alternative Products Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only -0.06 0.75 0.69 0.69 0.71

Competitive Comparison of Migdalor- Alternative Products's Equity-to-Asset

For the Asset Management subindustry, Migdalor- Alternative Products'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.


Migdalor- Alternative Products's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Migdalor- Alternative Products's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Migdalor- Alternative Products's Equity-to-Asset falls into.



Migdalor- Alternative Products 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.

Migdalor- Alternative Products'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
=54.127/78.833
=0.69

Migdalor- Alternative Products'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
=51.028/72.196
=0.71

* 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.


Migdalor- Alternative Products  (XTAE:MGDA) 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%.


Migdalor- Alternative Products Equity-to-Asset Related Terms

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Migdalor- Alternative Products (XTAE:MGDA) Business Description

Traded in Other Exchanges
N/A
Address
7 Gazit street, Petah Tikva, ISR, 4927987
Migdalor- Alternative Products Ltd develops a wide range of investment products in a variety of platforms and fields. It allows clients to build an optimal alternative investment portfolio while maintaining the return/risk ratio that suits their needs. Its investment products include Real estate-backed transactions in debt or equity tracks, Hedge funds, and Low-risk funds that maximize return.

Migdalor- Alternative Products (XTAE:MGDA) Headlines

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