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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Medallion Financial's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $349.0 Mil. Medallion Financial's Total Assets for the quarter that ended in Mar. 2024 was $2,618.8 Mil. Therefore, Medallion Financial's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.13.
The historical rank and industry rank for Medallion Financial's Equity-to-Asset or its related term are showing as below:
During the past 13 years, the highest Equity to Asset Ratio of Medallion Financial was 0.45. The lowest was 0.13. And the median was 0.17.
The historical data trend for Medallion Financial'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.
Medallion Financial Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Equity-to-Asset | Get a 7-Day Free Trial | 0.17 | 0.14 | 0.15 | 0.13 | 0.13 |
Medallion Financial Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Equity-to-Asset | Get a 7-Day Free Trial | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 |
For the Credit Services subindustry, Medallion Financial'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.
For the Credit Services industry and Financial Services sector, Medallion Financial's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Medallion Financial'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.
Medallion Financial'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 |
= | 342.986 | / | 2587.827 | |
= | 0.13 |
Medallion Financial's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as
Equity to Asset (Q: Mar. 2024 ) | = | Total Stockholders Equity | / | Total Assets |
= | 349.036 | / | 2618.762 | |
= | 0.13 |
* 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.
Medallion Financial (NAS:MFIN) 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%.
Thank you for viewing the detailed overview of Medallion Financial's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
David Justin Haley | officer: See Remarks | 1100 EAST 6600 SOUTH, SUITE 510, SALT LAKE CITY UT 84121 |
Brent O. Hatch | director | C/O MEDALLION FINANCIAL CORP., 437 MADISON AVENUE, 38TH FLOOR, NEW YORK NY 10022 |
Anthony N. Cutrone | officer: See Remarks | 437 MADISON AVENUE, 38TH FLOOR, NEW YORK NY 10022 |
Robert Meyer | director | 1455 VALLEY ROAD, WAYNE NJ 07470 |
Donald S. Poulton | officer: See Remarks | 1100 EAST 6600 SOUTH, SUITE 510, SALT LAKE CITY UT 84121 |
Cynthia A Hallenbeck | director | 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814 |
Allan J Tanenbaum | director | |
David L Rudnick | director | |
Alvin Murstein | director, officer: Chairman & CEO | |
Henry L Aaron | director | |
Thomas J. Munson | officer: Please See Remarks | 437 MADISON AVENUE, 38TH FLOOR, NEW YORK NY 10022 |
Alexander S Travis | officer: See Remarks | 3000 WEST COUNTY ROAD 42, SUITE 301, BURNSVILLE MN 55337 |
Frederick Menowitz | director | C/O MEDALLION FINANCIAL CORP, 437 MADISON AVE, NEW YORK NY 10022 |
Stephen A. Lewis | officer: See Remarks | 3000 WEST COUNTY ROAD 42, SUITE 301, BURNSVILLE MN 55337 |
John Everets | director |
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