Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) Equity-to-Asset : 0.53 (As of Sep. 2024)

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What is Meka Global Makine Imalatnayi ve Ticaret AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Meka Global Makine Imalatnayi ve Ticaret AS's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₺1,054 Mil. Meka Global Makine Imalatnayi ve Ticaret AS's Total Assets for the quarter that ended in Sep. 2024 was ₺1,989 Mil. Therefore, Meka Global Makine Imalatnayi ve Ticaret AS's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.53.

The historical rank and industry rank for Meka Global Makine Imalatnayi ve Ticaret AS's Equity-to-Asset or its related term are showing as below:

IST:MEKAG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22 Med: 0.38 Max: 0.57
Current: 0.53

During the past 3 years, the highest Equity to Asset Ratio of Meka Global Makine Imalatnayi ve Ticaret AS was 0.57. The lowest was 0.22. And the median was 0.38.

IST:MEKAG's Equity-to-Asset is ranked worse than
52.37% of 401 companies
in the Building Materials industry
Industry Median: 0.55 vs IST:MEKAG: 0.53

Meka Global Makine Imalatnayi ve Ticaret AS Equity-to-Asset Historical Data

The historical data trend for Meka Global Makine Imalatnayi ve Ticaret AS'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.

Meka Global Makine Imalatnayi ve Ticaret AS Equity-to-Asset Chart

Meka Global Makine Imalatnayi ve Ticaret AS Annual Data

Trend

Dec20

Dec21

Dec22

Equity-to-Asset

0.22

0.25

0.38

Meka Global Makine Imalatnayi ve Ticaret AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Equity-to-Asset	Get a 7-Day Free Trial							0.23	0.55	0.55	0.57	0.53

Competitive Comparison of Meka Global Makine Imalatnayi ve Ticaret AS's Equity-to-Asset

For the Building Materials subindustry, Meka Global Makine Imalatnayi ve Ticaret AS'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.

Meka Global Makine Imalatnayi ve Ticaret AS's Equity-to-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Meka Global Makine Imalatnayi ve Ticaret AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Meka Global Makine Imalatnayi ve Ticaret AS's Equity-to-Asset falls into.

Meka Global Makine Imalatnayi ve Ticaret AS 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.

Meka Global Makine Imalatnayi ve Ticaret AS's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	440.914	/	1153.304
	=	0.38

Meka Global Makine Imalatnayi ve Ticaret AS's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	1053.881	/	1988.801
	=	0.53

Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) 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%.

Meka Global Makine Imalatnayi ve Ticaret AS Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Meka Global Makine Imalatnayi ve Ticaret AS's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Meka Global Makine Imalatnayi ve Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Meka Global Makine Imalat Sanayi ve Ticaret AS (IST:MEKAG) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ismet Inonu Blv No. 12, Malikoy Baskent Osb, Ankara, TUR, 06909

Website

https://www.mekaglobal.com/tr

Meka Global Makine Imalat Sanayi ve Ticaret AS is a company engaged in the Production of Concrete Plants and Equipment for Ready-Mixed Concrete Production, Construction and Precast Industries. It has ability and experience to design and produce plants and equipment for every capacity and production type in the production of concrete plants and equipment. MEKA produces crushing, screening and washing equipment for aggregate production, mining and recycling industries.

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