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Morphic Ethical Equity Fund (ASX:MEC) Liabilities-to-Assets : 0.02 (As of Dec. 2022)


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What is Morphic Ethical Equity Fund Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Morphic Ethical Equity Fund's Total Liabilities for the quarter that ended in Dec. 2022 was A$0.92 Mil. Morphic Ethical Equity Fund's Total Assets for the quarter that ended in Dec. 2022 was A$58.42 Mil. Therefore, Morphic Ethical Equity Fund's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2022 was 0.02.


Morphic Ethical Equity Fund Liabilities-to-Assets Historical Data

The historical data trend for Morphic Ethical Equity Fund's Liabilities-to-Assets 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.

Morphic Ethical Equity Fund Liabilities-to-Assets Chart

Morphic Ethical Equity Fund Annual Data
Trend Sep18 Sep19 Sep20 Sep21
Liabilities-to-Assets
0.28 0.42 0.20 0.19

Morphic Ethical Equity Fund Semi-Annual Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Dec22
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.11 0.19 0.08 0.02

Competitive Comparison of Morphic Ethical Equity Fund's Liabilities-to-Assets

For the Asset Management subindustry, Morphic Ethical Equity Fund's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Morphic Ethical Equity Fund's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Morphic Ethical Equity Fund's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Morphic Ethical Equity Fund's Liabilities-to-Assets falls into.



Morphic Ethical Equity Fund Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Morphic Ethical Equity Fund's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2021 is calculated as:

Liabilities-to-Assets (A: Sep. 2021 )=Total Liabilities/Total Assets
=16.947/90.11
=0.19

Morphic Ethical Equity Fund's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2022 is calculated as

Liabilities-to-Assets (Q: Dec. 2022 )=Total Liabilities/Total Assets
=0.916/58.42
=0.02

* 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.


Morphic Ethical Equity Fund  (ASX:MEC) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Morphic Ethical Equity Fund Liabilities-to-Assets Related Terms

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Morphic Ethical Equity Fund (ASX:MEC) Business Description

Traded in Other Exchanges
N/A
Address
179 Elizabeth Street, Level 11, Sydney, NSW, AUS, 2000
Morphic Ethical Equity Fund Ltd seeks to provide investors a way to grow their wealth. The fund excludes direct investments in entities involved in environmental destruction, including coal and uranium mining, oil and gas, intensive animal farming and aquaculture, tobacco and alcohol, armaments, gambling and rainforest.