GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Magyar Telekom PLC (OTCPK:MYTAY) » Definitions » Equity-to-Asset

Magyar Telekom (Magyar Telekom) Equity-to-Asset : 0.49 (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Magyar Telekom Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Magyar Telekom's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,976 Mil. Magyar Telekom's Total Assets for the quarter that ended in Dec. 2023 was $3,999 Mil. Therefore, Magyar Telekom's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.49.

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

MYTAY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.47   Max: 0.5
Current: 0.49

During the past 13 years, the highest Equity to Asset Ratio of Magyar Telekom was 0.50. The lowest was 0.40. And the median was 0.47.

MYTAY's Equity-to-Asset is ranked better than
66.24% of 394 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs MYTAY: 0.49

Magyar Telekom Equity-to-Asset Historical Data

The historical data trend for Magyar Telekom'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.

Magyar Telekom Equity-to-Asset Chart

Magyar Telekom Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.46 0.47 0.48 0.49

Magyar Telekom Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.48 0.48 0.47 0.48 0.49

Competitive Comparison of Magyar Telekom's Equity-to-Asset

For the Telecom Services subindustry, Magyar Telekom'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.


Magyar Telekom's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Magyar Telekom's Equity-to-Asset distribution charts can be found below:

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



Magyar Telekom 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.

Magyar Telekom's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1976.426/3999.012
=0.49

Magyar Telekom's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1976.426/3999.012
=0.49

* 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.


Magyar Telekom  (OTCPK:MYTAY) 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%.


Magyar Telekom Equity-to-Asset Related Terms

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


Magyar Telekom (Magyar Telekom) Business Description

Traded in Other Exchanges
Address
Konyves Kalman Korut. 36, Budapest, HUN, 1097
Magyar Telekom PLC is a telecommunications company that operates in two segments: MT-Hungary and North Macedonia. MT Hungary supplies mobile, information communication, television distribution, and system integration services to both business and residential consumers in Hungary. The North Macedonia segment expands the company's mobile and fixed-line telecommunication services across North Macedonia. Magyar controls the largest share of the Hungarian telecom market and has a footprint in Macedonia, Bulgaria, and Romania. The company receives most of its revenue from Hungary.

Magyar Telekom (Magyar Telekom) Headlines