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Morgan Advanced Materials (LSE:BA29.PFD) Equity-to-Asset : 0.35 (As of Dec. 2023)


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What is Morgan Advanced Materials Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Morgan Advanced Materials's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £360.30 Mil. Morgan Advanced Materials's Total Assets for the quarter that ended in Dec. 2023 was £1,024.70 Mil. Therefore, Morgan Advanced Materials's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.35.

The historical rank and industry rank for Morgan Advanced Materials's Equity-to-Asset or its related term are showing as below:

LSE:BA29.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.22   Max: 0.38
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Morgan Advanced Materials was 0.38. The lowest was 0.12. And the median was 0.22.

LSE:BA29.PFD's Equity-to-Asset is ranked worse than
81.67% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs LSE:BA29.PFD: 0.35

Morgan Advanced Materials Equity-to-Asset Historical Data

The historical data trend for Morgan Advanced Materials'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.

Morgan Advanced Materials Equity-to-Asset Chart

Morgan Advanced Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.22 0.34 0.38 0.35

Morgan Advanced Materials Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.34 0.38 0.38 0.34 0.35

Competitive Comparison of Morgan Advanced Materials's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Morgan Advanced Materials'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.


Morgan Advanced Materials's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Morgan Advanced Materials's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Morgan Advanced Materials's Equity-to-Asset falls into.



Morgan Advanced Materials 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.

Morgan Advanced Materials's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=360.3/1024.7
=0.35

Morgan Advanced Materials's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=360.3/1024.7
=0.35

* 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.


Morgan Advanced Materials  (LSE:BA29.PFD) 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%.


Morgan Advanced Materials Equity-to-Asset Related Terms

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Morgan Advanced Materials (LSE:BA29.PFD) Business Description

Traded in Other Exchanges
Address
Sheet Street, York House, Windsor, GBR, SL4 1DD
Morgan Advanced Materials PLC is a U.K.-based company that manufactures a wide array of specialized and high-specification materials. The company's product line includes high-temperature insulation products used to reduce energy consumption, electrical carbon, linear and rotary transfer systems used for transferring electrical energy in motor and generator applications, seals and bearings, ceramic cores, piezoelectric sensors and transducers, crucibles, and others. The company's customers come from sectors including healthcare, petrochemical, transportation, electronics, energy, security and defense, and other industrial applications. Morgan Advanced Materials has a global presence, with the United States being the largest markets for the company.

Morgan Advanced Materials (LSE:BA29.PFD) Headlines

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