MHPC (Manufactured Housing Properties) Equity-to-Asset: -0.21 (As of Sep. 2023)

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MHPC Manufactured Housing Properties Inc MHPC
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What is Manufactured Housing Properties Equity-to-Asset?

Manufactured Housing Properties MHPC 12 Equity-to-Asset is -0.21 as of Sep. 2023. GuruFocus rates MHPC with a GF Score™ of 12/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Manufactured Housing Properties's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-25.28 Mil. Manufactured Housing Properties's Total Assets for the quarter that ended in Sep. 2023 was $118.13 Mil. Therefore, Manufactured Housing Properties's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -0.21.

The historical rank and industry rank for Manufactured Housing Properties's Equity-to-Asset or its related term are showing as below:

MHPC's Equity-to-Asset is not ranked *
in the Real Estate industry.
Industry Median: 0.45
* Ranked among companies with meaningful Equity-to-Asset only.

Manufactured Housing Properties  (OTCPK:MHPC) 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%.


Manufactured Housing Properties Equity-to-Asset Related Terms


Manufactured Housing Properties Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Manufactured Housing Properties'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.

Manufactured Housing Properties Equity-to-Asset Chart

Manufactured Housing Properties Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -0.08 -0.11 -0.11 -0.17

Manufactured Housing Properties Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.17 -0.17 -0.18 -0.05 -0.21

MHPC vs WEWKQ, GYRO, LRHC: Equity-to-Asset Comparison

For the Real Estate Services subindustry, Manufactured Housing Properties'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.


Manufactured Housing Properties Equity-to-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Manufactured Housing Properties's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Manufactured Housing Properties's Equity-to-Asset falls into.


MHPC
12GF Score
Manufactured Housing Properties Inc MHPC
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Manufactured Housing Properties 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.

Manufactured Housing Properties's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=-17.825/103.593
=-0.17

Manufactured Housing Properties's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-25.28/118.133
=-0.21

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of -0.21 mean?
Manufactured Housing Properties (MHPC) has a Equity-to-Asset of -0.21 as of Sep. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Manufactured Housing Properties and its competitors.
Is Manufactured Housing Properties' Equity-to-Asset too high?
Manufactured Housing Properties' current Equity-to-Asset is -0.21. Overall, Manufactured Housing Properties has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Manufactured Housing Properties' Equity-to-Asset compare to WEWKQ and GYRO?
Manufactured Housing Properties' Equity-to-Asset of -0.21 can be compared against companies in the Real Estate industry. The industry median Equity-to-Asset is 0.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Real Estate company?
The median Equity-to-Asset among Real Estate companies is 0.45, based on 1,800 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Manufactured Housing Properties and its competitors. For the Real Estate industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manufactured Housing Properties's current Equity-to-Asset is -0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manufactured Housing Properties stock overvalued right now?
Manufactured Housing Properties (MHPC) has a current Equity-to-Asset of -0.21. The current Equity-to-Asset is -0.21. Manufactured Housing Properties' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Manufactured Housing Properties (MHPC), the current Equity-to-Asset is -0.21 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Manufactured Housing Properties Business Description

Address 136 Main Street, Pineville, NC, USA, 28134
Manufactured Housing Properties Inc is a self-administered, self-managed, vertically integrated owner and operator of manufactured housing communities. It provides non-subsidized affordable housing facilities. The company earns income from leasing manufactured home sites to tenants who own their manufactured homes as well as the rental of company-owned manufactured homes to residents of the communities. Its communities are located in Georgia, North Carolina, South Carolina, and Tennessee.
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