MITJF (The Mint) Equity-to-Asset: -16.42 (As of Dec. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MITJF The Mint Corp MITJF
12 GF Score
Price $0.00
View Full Analysis

What is The Mint Equity-to-Asset?

The Mint MITJF -99.67% 12 Equity-to-Asset is -16.42 as of Dec. 2023. GuruFocus rates MITJF with a GF Score™ of 12/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The Mint's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.62 Mil. The Mint's Total Assets for the quarter that ended in Dec. 2023 was $0.04 Mil.

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

MITJF's Equity-to-Asset is not ranked *
in the Credit Services industry.
Industry Median: 0.41
* Ranked among companies with meaningful Equity-to-Asset only.

The Mint  (OTCPK:MITJF) 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%.

The Mint Equity-to-Asset Related Terms

The Mint Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for The Mint'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.

The Mint Equity-to-Asset Chart

The Mint Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -193.68 -8.57 -11.34 0.54 -16.42

The Mint Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.54 0.48 0.40 0.32 -16.42

MITJF vs STQN, WINSF, CAFI: Equity-to-Asset Comparison

For the Credit Services subindustry, The Mint'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.

The Mint Equity-to-Asset vs Credit Services Industry

For the Credit Services industry and Financial Services sector, The Mint's Equity-to-Asset distribution charts can be found below:

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


MITJF
12GF Score
The Mint Corp MITJF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Mint 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.

The Mint'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
=-0.624/0.038
=

The Mint'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
=-0.624/0.038
=

* 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 -16.42 mean?
The Mint (MITJF) has a Equity-to-Asset of -16.42 as of Dec. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on The Mint and its competitors.
Is The Mint's Equity-to-Asset too high?
The Mint's current Equity-to-Asset is -16.42. Overall, The Mint has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Mint's Equity-to-Asset compare to STQN and WINSF?
The Mint's Equity-to-Asset of -16.42 can be compared against companies in the Credit Services industry. The industry median Equity-to-Asset is 0.41. 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 Credit Services company?
The median Equity-to-Asset among Credit Services companies is 0.41, based on 545 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 The Mint and its competitors. For the Credit Services industry, the median Equity-to-Asset is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Mint's current Equity-to-Asset is -16.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Mint stock overvalued right now?
The Mint (MITJF) has a current Equity-to-Asset of -16.42. The current Equity-to-Asset is -16.42. The Mint's 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 The Mint (MITJF), the current Equity-to-Asset is -16.42 as of Dec. 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.

The Mint Business Description

Address 360 Bay Street, Suite 999, Toronto, ON, CAN, M5H 2V6
The Mint Corp, through its subsidiaries, is a globally certified payments company focused on offering financial services to the unbanked salaried worker in the United Arab Emirates (UAE). The Group manages the issuance, administration, customer support, payment processing, and set-up and reporting of payroll cards. In addition, it also provides additional services to cardholders, including mobile airtime top-up and mobile payments. The Corporation's business operations are located principally in the Middle East and almost all of its revenue is in UAE Dirham.
12GF Score

Get the complete analysis for MITJF

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price