Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Madrigal Pharmaceuticals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $405.33 Mil. Madrigal Pharmaceuticals's Total Assets for the quarter that ended in Dec. 2023 was $640.55 Mil.
The historical rank and industry rank for Madrigal Pharmaceuticals's Equity-to-Asset or its related term are showing as below:
MDGL'
s Equity-to-Asset Range Over the Past 10 Years
Min: -134.38 Med: 0.78 Max: 0.98
Current: 0.63
During the past 13 years, the highest Equity to Asset Ratio of Madrigal Pharmaceuticals was 0.98. The lowest was -134.38. And the median was 0.78.
MDGL's Equity-to-Asset is ranked worse than 52.62% of 1564
companies
in the Biotechnology industry
Industry Median: 0.66
vs MDGL: 0.63
Madrigal Pharmaceuticals Equity-to-Asset Historical Data
The historical data trend for Madrigal Pharmaceuticals'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.
For the Biotechnology subindustry, Madrigal Pharmaceuticals'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.
Madrigal Pharmaceuticals Equity-to-Asset Distribution
For the Biotechnology industry and Healthcare sector, Madrigal Pharmaceuticals's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Madrigal Pharmaceuticals's Equity-to-Asset falls into.
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.
Madrigal Pharmaceuticals's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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%.
Madrigal Pharmaceuticals Equity-to-Asset Related Terms
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Madrigal Pharmaceuticals (Madrigal Pharmaceuticals) Business Description
Madrigal Pharmaceuticals Inc is a clinical-stage biopharmaceutical company. It focuses on the development and commercialization of therapeutic candidates for the treatment of cardiovascular-metabolic diseases and non-alcoholic steatohepatitis (NASH). The product portfolio of the company includes MGL-3196, an orally administered, small-molecule liver-directed B-selective THR agonist, which is used for the treatment of non-alcoholic steatohepatitis and familial hypercholesterolemia. Also, MGL-3196 reduces triglycerides in the plasma and liver by increasing fat metabolism and shows an anti-diabetic action.
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