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Microequities Asset Management Group (ASX:MAM) Equity-to-Asset : 0.74 (As of Jun. 2024)


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What is Microequities Asset Management Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Microequities Asset Management Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was A$21.00 Mil. Microequities Asset Management Group's Total Assets for the quarter that ended in Jun. 2024 was A$28.44 Mil. Therefore, Microequities Asset Management Group's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.74.

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

ASX:MAM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.74   Med: 0.87   Max: 0.91
Current: 0.74

During the past 8 years, the highest Equity to Asset Ratio of Microequities Asset Management Group was 0.91. The lowest was 0.74. And the median was 0.87.

ASX:MAM's Equity-to-Asset is ranked worse than
59.04% of 1704 companies
in the Asset Management industry
Industry Median: 0.83 vs ASX:MAM: 0.74

Microequities Asset Management Group Equity-to-Asset Historical Data

The historical data trend for Microequities Asset Management Group'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.

Microequities Asset Management Group Equity-to-Asset Chart

Microequities Asset Management Group Annual Data
Trend Dec17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial 0.90 0.83 0.91 0.90 0.74

Microequities Asset Management Group Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 0.89 0.90 0.91 0.74

Competitive Comparison of Microequities Asset Management Group's Equity-to-Asset

For the Asset Management subindustry, Microequities Asset Management Group'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.


Microequities Asset Management Group's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Microequities Asset Management Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Microequities Asset Management Group's Equity-to-Asset falls into.



Microequities Asset Management Group 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.

Microequities Asset Management Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )=Total Stockholders Equity/Total Assets
=21.001/28.444
=0.74

Microequities Asset Management Group's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=21.001/28.444
=0.74

* 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.


Microequities Asset Management Group  (ASX:MAM) 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%.


Microequities Asset Management Group Equity-to-Asset Related Terms

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


Microequities Asset Management Group Business Description

Traded in Other Exchanges
N/A
Address
1 Farrer Place, Suite 3105, Level 31, Governor Macquarie Tower, Sydney, NSW, AUS, 2000
Microequities Asset Management Group Ltd is an asset management firm. It is a boutique value driven Fund manager specialised in exchange listed industrial microcap and small cap companies.

Microequities Asset Management Group Headlines

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