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Mongolia Energy (Mongolia Energy) Equity-to-Asset : -1.73 (As of Sep. 2023)


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What is Mongolia Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mongolia Energy's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-627.8 Mil. Mongolia Energy's Total Assets for the quarter that ended in Sep. 2023 was $362.6 Mil. Therefore, Mongolia Energy's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -1.73.

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

MOAEY' s Equity-to-Asset Range Over the Past 10 Years
Min: -7.51   Med: -2.25   Max: 0.45
Current: -1.73

During the past 13 years, the highest Equity to Asset Ratio of Mongolia Energy was 0.45. The lowest was -7.51. And the median was -2.25.

MOAEY's Equity-to-Asset is ranked worse than
99.21% of 632 companies
in the Steel industry
Industry Median: 0.53 vs MOAEY: -1.73

Mongolia Energy Equity-to-Asset Historical Data

The historical data trend for Mongolia Energy'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.

Mongolia Energy Equity-to-Asset Chart

Mongolia Energy Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.71 -1.91 -0.68 -0.75 -1.55

Mongolia Energy Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.49 -0.75 -1.00 -1.55 -1.73

Competitive Comparison of Mongolia Energy's Equity-to-Asset

For the Coking Coal subindustry, Mongolia Energy'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.


Mongolia Energy's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mongolia Energy's Equity-to-Asset distribution charts can be found below:

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



Mongolia Energy 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.

Mongolia Energy's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=-552.556/356.852
=-1.55

Mongolia Energy's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-627.829/362.56
=-1.73

* 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.


Mongolia Energy  (OTCPK:MOAEY) 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%.


Mongolia Energy Equity-to-Asset Related Terms

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


Mongolia Energy (Mongolia Energy) Business Description

Traded in Other Exchanges
Address
118 Connaught Road West, 17th Floor, Hong Kong, HKG
Mongolia Energy Corp Ltd is an investment holding company. The company's principal business is coal mining and exploration which is operated by its indirect wholly-owned subsidiary in Mongolia. Its principal project is the Khushuut Coking Coal Project in Western Mongolia, it also has interest in the Gobi Altay and Olon Bulag project. The Khushuut Coal Mine is located approximately 1,350 km west of Ulaanbaatar in the Khovd Province of Western Mongolia. It is about 311 km from the Xinjiang Takeshiken border, connecting the Khushuut Road. The group is principally engaged in mining, processing and sale of coal in the PRC and Mongolia. Mongolia Energy derives all of its revenue from Coal mining. Geographically company derives a majority of its revenue from PRC.

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