Mit Sim SpA (MIL:MTS) Equity-to-Asset : 0.66 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Mit Sim SpA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mit Sim SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €2.75 Mil. Mit Sim SpA's Total Assets for the quarter that ended in Dec. 2023 was €4.18 Mil. Therefore, Mit Sim SpA's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.66.

The historical rank and industry rank for Mit Sim SpA's Equity-to-Asset or its related term are showing as below:

MIL:MTS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.66 Med: 0.85 Max: 0.97
Current: 0.66

During the past 5 years, the highest Equity to Asset Ratio of Mit Sim SpA was 0.97. The lowest was 0.66. And the median was 0.85.

MIL:MTS's Equity-to-Asset is ranked worse than
67.9% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs MIL:MTS: 0.66

Mit Sim SpA Equity-to-Asset Historical Data

The historical data trend for Mit Sim SpA'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.

Mit Sim SpA Equity-to-Asset Chart

Mit Sim SpA Annual Data

Trend

Mar19

Mar20

Dec21

Dec22

Dec23

Equity-to-Asset

0.97

0.87

0.85

0.73

0.66

Mit Sim SpA Semi-Annual Data
	Mar19	Mar20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.85	0.73	0.73	0.71	0.66

Competitive Comparison of Mit Sim SpA's Equity-to-Asset

For the Asset Management subindustry, Mit Sim SpA'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.

Mit Sim SpA's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mit Sim SpA's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Mit Sim SpA's Equity-to-Asset falls into.

Mit Sim SpA 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.

Mit Sim SpA'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
	=	2.749	/	4.176
	=	0.66

Mit Sim SpA's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2.749	/	4.176
	=	0.66

Mit Sim SpA (MIL:MTS) 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%.

Mit Sim SpA Equity-to-Asset Related Terms

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

Mit Sim SpA (MIL:MTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mit Sim SpA (MIL:MTS) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corso Venezia 16, Serbelloni Palace, Milan, ITA, 20121

Website

https://www.mitsim.it

Mit Sim SpA is involved in Specialist activities, Order Reception and Transmission Activities, Placement Activities, and Euronext Growth Advisor Activities.

Mit Sim SpA (MIL:MTS) Headlines

From GuruFocus

Metcash Stock Is Estimated To Be Modestly Overvalued

By GF Value GF Value • 05-11-2021