Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mike Lindell Media's Total Stockholders Equity for the quarter that ended in Dec. 2020 was $-1.25 Mil. Mike Lindell Media's Total Assets for the quarter that ended in Dec. 2020 was $0.05 Mil.
Therefore, Mike Lindell Media's Equity to Asset Ratio for the quarter that ended in Dec. 2020 was -26.53.
The historical rank and industry rank for Mike Lindell Media's Equity-to-Asset or its related term are showing as below:
MLMC's Equity-to-Asset is not ranked *
in the Media - Diversified industry.
Industry Median: 0.51 * Ranked among companies with meaningful Equity-to-Asset only.
Mike Lindell Media Equity-to-Asset Historical Data
The historical data trend for Mike Lindell Media'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.
Competitive Comparison of Mike Lindell Media's Equity-to-Asset
For the Broadcasting subindustry, Mike Lindell Media'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.
Mike Lindell Media's Equity-to-Asset Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Mike Lindell Media's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Mike Lindell Media'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.
Mike Lindell Media's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 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.
Mike Lindell Media (OTCPK:MLMC) 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%.
Mike Lindell Media Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Mike Lindell Media's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
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