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MFGI (Merchants Financial Group) Equity-to-Asset : 0.10 (As of Dec. 2024)


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What is Merchants Financial Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Merchants Financial Group's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $275.72 Mil. Merchants Financial Group's Total Assets for the quarter that ended in Dec. 2024 was $2,782.11 Mil. Therefore, Merchants Financial Group's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.10.

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

MFGI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.09   Max: 0.1
Current: 0.1

During the past 6 years, the highest Equity to Asset Ratio of Merchants Financial Group was 0.10. The lowest was 0.08. And the median was 0.09.

MFGI's Equity-to-Asset is ranked better than
56.76% of 1568 companies
in the Banks industry
Industry Median: 0.1 vs MFGI: 0.10

Merchants Financial Group Equity-to-Asset Historical Data

The historical data trend for Merchants Financial 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.

Merchants Financial Group Equity-to-Asset Chart

Merchants Financial Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial 0.08 0.08 0.09 0.10 0.10

Merchants Financial Group Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
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 0.10 0.10 0.10 0.10 0.10

Competitive Comparison of Merchants Financial Group's Equity-to-Asset

For the Banks - Regional subindustry, Merchants Financial 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.


Merchants Financial Group's Equity-to-Asset Distribution in the Banks Industry

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

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


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Merchants Financial 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.

Merchants Financial Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=275.72/2782.107
=0.10

Merchants Financial Group's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=275.72/2782.107
=0.10

* 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.


Merchants Financial Group  (OTCPK:MFGI) 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%.


Merchants Financial Group Equity-to-Asset Related Terms

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Merchants Financial Group Business Description

Traded in Other Exchanges
N/A
Address
102 East Third Street, Winona, MN, USA, 55987
Merchants Financial Group Inc is a bank holding company with one wholly-owned bank subsidiary, Merchants Bank, National Association. It provides retail, commercial loans, and deposit services principally to customers within a radius of its locations. The Bank has a leasing division, Merchants Bank Equipment Finance, which operates in the Minneapolis-St. Paul, Minnesota, metropolitan area.

Merchants Financial Group Headlines

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