MultiMetaVerse Holdings (MultiMetaVerse Holdings) Equity-to-Asset

: -4.13 (As of Jun. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MultiMetaVerse Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-23.28 Mil. MultiMetaVerse Holdings's Total Assets for the quarter that ended in Jun. 2023 was $5.64 Mil. Therefore, MultiMetaVerse Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was -4.13.

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

MMV' s Equity-to-Asset Range Over the Past 10 Years
Min: -8.59 Med: -0.99 Max: 0.95
Current: -4.13

During the past 3 years, the highest Equity to Asset Ratio of MultiMetaVerse Holdings was 0.95. The lowest was -8.59. And the median was -0.99.

MMV's Equity-to-Asset is ranked worse than
97.83% of 1060 companies
in the Media - Diversified industry
Industry Median: 0.52 vs MMV: -4.13

MultiMetaVerse Holdings Equity-to-Asset Historical Data

The historical data trend for MultiMetaVerse 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.

MultiMetaVerse Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Equity-to-Asset

-8.59

0.95

0.66

MultiMetaVerse Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Equity-to-Asset	Get a 7-Day Free Trial			-	0.95	-0.99	0.66	-4.13

Competitive Comparison

For the Entertainment subindustry, MultiMetaVerse 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.

MultiMetaVerse Holdings Equity-to-Asset Distribution

For the Media - Diversified industry and Communication Services sector, MultiMetaVerse Holdings's Equity-to-Asset distribution charts can be found below:

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

MultiMetaVerse 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.

MultiMetaVerse 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
	=	17.185	/	25.947
	=

MultiMetaVerse 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
	=	-23.283	/	5.64
	=	-4.13

MultiMetaVerse Holdings (NAS:MMV) 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%.

MultiMetaVerse Holdings Equity-to-Asset Related Terms

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MultiMetaVerse Holdings (MultiMetaVerse Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MultiMetaVerse Holdings Ltd (NAS:MMV) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 718, Lingshi Road, Building D3, Jingan District, Shanghai, CHN, 200072

Website

MultiMetaVerse Holdings Ltd is an animation and entertainment company. It is devoted to establishing an open community for its global users comprised of animation viewers, game players, and content creators and to providing high-quality and immersive entertainment experiences by way of original content, user-generated content, and professional user-generated content.