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M&G (MGPUF) Equity-to-Asset : 0.02 (As of Jun. 2024)


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What is M&G Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. M&G's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $4,709 Mil. M&G's Total Assets for the quarter that ended in Jun. 2024 was $240,055 Mil. Therefore, M&G's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.02.

The historical rank and industry rank for M&G's Equity-to-Asset or its related term are showing as below:

MGPUF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02   Med: 0.02   Max: 0.04
Current: 0.02

During the past 8 years, the highest Equity to Asset Ratio of M&G was 0.04. The lowest was 0.02. And the median was 0.02.

MGPUF's Equity-to-Asset is ranked worse than
97.71% of 1703 companies
in the Asset Management industry
Industry Median: 0.84 vs MGPUF: 0.02

M&G Equity-to-Asset Historical Data

The historical data trend for M&G'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.

M&G Equity-to-Asset Chart

M&G Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.02 0.02 0.03 0.02 0.02

M&G Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of M&G's Equity-to-Asset

For the Asset Management subindustry, M&G'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.


M&G's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, M&G's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where M&G's Equity-to-Asset falls into.



M&G 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.

M&G'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
=5115.19/240027.848
=0.02

M&G's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=4708.651/240054.707
=0.02

* 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.


M&G  (OTCPK:MGPUF) 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%.


M&G Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of M&G's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


M&G Business Description

Traded in Other Exchanges
Address
10 Fenchurch Avenue, London, GBR, EC3M 5AG
M&G PLC is a United Kingdom-based company engaged in the savings and investments business. It serves retail customers, who want to build and protect their life savings, and provides investment solutions. The company's reportable segment are Asset Management segment offers investment management to both wholesale and institutional clients. The Life segment operates in the savings and pensions market and includes corporate risk and individual and international solutions. The Wealth segment h provides access to a range of retirement, savings, and investment management solutions to its clients, and The Corporate Centre segment includes central corporate costs and debt costs.

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