Made Tech Group (LSE:MTEC) Equity-to-Asset : 0.74 (As of Nov. 2023)

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What is Made Tech Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Made Tech Group's Total Stockholders Equity for the quarter that ended in Nov. 2023 was £14.72 Mil. Made Tech Group's Total Assets for the quarter that ended in Nov. 2023 was £19.98 Mil. Therefore, Made Tech Group's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.74.

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

LSE:MTEC' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.19 Med: 0.72 Max: 0.8
Current: 0.74

During the past 5 years, the highest Equity to Asset Ratio of Made Tech Group was 0.80. The lowest was -0.19. And the median was 0.72.

LSE:MTEC's Equity-to-Asset is ranked better than
77.16% of 2850 companies
in the Software industry
Industry Median: 0.54 vs LSE:MTEC: 0.74

Made Tech Group Equity-to-Asset Historical Data

The historical data trend for Made Tech 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.

Made Tech Group Equity-to-Asset Chart

Made Tech Group Annual Data

Trend

May19

May20

May21

May22

May23

Equity-to-Asset

0.44

0.36

-0.19

0.70

0.75

Made Tech Group Semi-Annual Data
	May19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Equity-to-Asset	Get a 7-Day Free Trial				0.80	0.70	0.78	0.75	0.74

Competitive Comparison of Made Tech Group's Equity-to-Asset

For the Information Technology Services subindustry, Made Tech 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.

Made Tech Group's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Made Tech Group's Equity-to-Asset distribution charts can be found below:

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

Made Tech 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.

Made Tech Group's Equity to Asset Ratio for the fiscal year that ended in May. 2023 is calculated as

Equity to Asset (A: May. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	15.211	/	20.179
	=	0.75

Made Tech Group's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	14.717	/	19.982
	=	0.74

Made Tech Group (LSE:MTEC) 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%.

Made Tech Group Equity-to-Asset Related Terms

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Made Tech Group (LSE:MTEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Made Tech Group PLC (LSE:MTEC) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

5UH:Germany

Address

4 O’Meara Street, London, GBR, SE1 1TE

Website

https://www.madetech.com

Made Tech Group PLC provides digital, data and technology services to the UK public sector, that enables central government, healthcare, and local government organisations to digitally transform. Its projects include delivering and operating the Multichannel Digital Tax Platform (MDTP), which runs HMRC's Making Tax Digital services; supporting the Ministry of Justice to modernise the technology within the prison estate; and working with DVLA to digitally transform key services such as the UK provisional driving licence system.

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