MNG Havayollari ve Tasimacilik AS (MNG Havayollari ve Tasimacilik AS) Equity-to-Asset

: 0.58 (As of Dec. 2022)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MNG Havayollari ve Tasimacilik AS's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $209.23 Mil. MNG Havayollari ve Tasimacilik AS's Total Assets for the quarter that ended in Dec. 2022 was $363.93 Mil. Therefore, MNG Havayollari ve Tasimacilik AS's Equity to Asset Ratio for the quarter that ended in Dec. 2022 was 0.58.

The historical rank and industry rank for MNG Havayollari ve Tasimacilik AS's Equity-to-Asset or its related term are showing as below:

MNGA's Equity-to-Asset is not ranked ^*
in the Transportation industry.
Industry Median: 0.49
* Ranked among companies with meaningful Equity-to-Asset only.

MNG Havayollari ve Tasimacilik AS Equity-to-Asset Historical Data

The historical data trend for MNG Havayollari ve Tasimacilik AS'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.

MNG Havayollari ve Tasimacilik AS Annual Data

Trend

Dec20

Dec21

Dec22

Equity-to-Asset

0.54

0.48

0.58

MNG Havayollari ve Tasimacilik AS Quarterly Data
	Dec20	Sep21	Dec21	Sep22	Dec22
Equity-to-Asset	0.54	-	0.48	0.54	0.58

Competitive Comparison

For the Integrated Freight & Logistics subindustry, MNG Havayollari ve Tasimacilik AS'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.

MNG Havayollari ve Tasimacilik AS Equity-to-Asset Distribution

For the Transportation industry and Industrials sector, MNG Havayollari ve Tasimacilik AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where MNG Havayollari ve Tasimacilik AS's Equity-to-Asset falls into.

MNG Havayollari ve Tasimacilik AS 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.

MNG Havayollari ve Tasimacilik AS'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
	=	209.231	/	363.927
	=	0.57

MNG Havayollari ve Tasimacilik AS's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	209.231	/	363.927
	=	0.57

MNG Havayollari ve Tasimacilik AS (NYSE:MNGA) 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%.

MNG Havayollari ve Tasimacilik AS Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of MNG Havayollari ve Tasimacilik AS's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

MNG Havayollari ve Tasimacilik AS (MNG Havayollari ve Tasimacilik AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MNG Havayollari ve Tasimacilik AS (NYSE:MNGA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

WOW Convention Center ?DTM, Yesilkoy/Bakirkoy, Istanbul, TUR, 34149

Website

https://www.mngairlines.com

MNG Havayollari ve Tasimacilik AS is an independent logistics provider mainly in the EMEA region and a global e-commerce enabler. Its service offerings include scheduled and block space, charter, ACMI, special cargo, warehouse, handling and technical services. MNG's diversified business model provides MNG with a competitive advantage in the air cargo market, as it gives MNG the opportunity to provide customized services to its customers in accordance with needs and expectations. The company recognizes revenue for its global multimodal operations based on the origin of transported cargo carried on each flight.

MNG Havayollari ve Tasimacilik AS (MNG Havayollari ve Tasimacilik AS) Headlines

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