Switch to:
MFC Industrial Ltd (NYSE:MIL)
Equity to Asset Ratio
0.34 (As of Sep. 2015)

Equity to Asset ratio is calculated as shareholders tangible equity divided by its total asset. MFC Industrial Ltd's total equity for the quarter that ended in Sep. 2015 was \$351 Mil. MFC Industrial Ltd's total assets for the quarter that ended in Sep. 2015 was \$1,022 Mil. Therefore, MFC Industrial Ltd's Equity to Asset Ratio for the quarter that ended in Sep. 2015 was 0.34.

MIL' s Equity to Asset Range Over the Past 10 Years
Min: 0.34   Max: 0.86
Current: 0.34

0.34
0.86

During the past 13 years, the highest Equity to Asset Ratio of MFC Industrial Ltd was 0.86. The lowest was 0.34. And the median was 0.54.

MIL's Equity to Asset is ranked lower than
78% of the 700 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 0.59 vs. MIL: 0.34 )

Definition

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 shareholders tangible equity divided by its total asset.

MFC Industrial Ltd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

 Equity to Asset (A: Dec. 2014 ) = Total Equity / Total Assets = 670.388 / 1458.684 = 0.46

MFC Industrial Ltd's Equity to Asset Ratio for the quarter that ended in Sep. 2015 is calculated as

 Equity to Asset (Q: Sep. 2015 ) = Total Equity / Total Assets = 351.306 / 1022.326 = 0.34

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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 Return on Equity 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%.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

MFC Industrial Ltd Annual Data

 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 equity2asset 0.47 0.43 0.39 0.34 0.46 0.64 0.64 0.54 0.53 0.46

MFC Industrial Ltd Quarterly Data

 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 equity2asset 0.55 0.57 0.53 0.50 0.49 0.51 0.46 0.48 0.52 0.34
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)