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Millenniumpthorne Hotels (Millenniumpthorne Hotels) Equity-to-Asset : 0.55 (As of Jun. 2019)


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What is Millenniumpthorne Hotels Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Millenniumpthorne Hotels's Total Stockholders Equity for the quarter that ended in Jun. 2019 was $3,539 Mil. Millenniumpthorne Hotels's Total Assets for the quarter that ended in Jun. 2019 was $6,428 Mil. Therefore, Millenniumpthorne Hotels's Equity to Asset Ratio for the quarter that ended in Jun. 2019 was 0.55.

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

MLCTF's Equity-to-Asset is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.49
* Ranked among companies with meaningful Equity-to-Asset only.

Millenniumpthorne Hotels Equity-to-Asset Historical Data

The historical data trend for Millenniumpthorne Hotels'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.

Millenniumpthorne Hotels Equity-to-Asset Chart

Millenniumpthorne Hotels Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.57 0.56 0.57 0.56

Millenniumpthorne Hotels Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 0.57 0.57 0.56 0.55 0.55

Competitive Comparison of Millenniumpthorne Hotels's Equity-to-Asset

For the Lodging subindustry, Millenniumpthorne Hotels'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.


Millenniumpthorne Hotels's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Millenniumpthorne Hotels's Equity-to-Asset distribution charts can be found below:

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



Millenniumpthorne Hotels 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.

Millenniumpthorne Hotels's Equity to Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Equity to Asset (A: Dec. 2018 )=Total Stockholders Equity/Total Assets
=3506.329/6232.911
=0.56

Millenniumpthorne Hotels's Equity to Asset Ratio for the quarter that ended in Jun. 2019 is calculated as

Equity to Asset (Q: Jun. 2019 )=Total Stockholders Equity/Total Assets
=3538.657/6428.39
=0.55

* 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.


Millenniumpthorne Hotels  (OTCPK:MLCTF) 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%.


Millenniumpthorne Hotels Equity-to-Asset Related Terms

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Millenniumpthorne Hotels (Millenniumpthorne Hotels) Business Description

Traded in Other Exchanges
N/A
Address
Scarsdale Place, Kensington, London, GBR, W8 5SR
Millennium & Copthorne Hotels PLC is a hotel owner and operator. The company principally operates hotels in properties that it either owns or leases. Millennium & Copthorne operate several hotel brands under three collections: Leng's Collection, which includes brands such as The Bailey's Hotel London, Grand Hotel Palace Rome, and M Hotels; Millennium Collection, which includes Millennium-branded hotels; and Copthorne Collection, which includes Copthorne and Kingsgate-branded hotels. With global operations, the company derives revenue from several countries, with the United States, United Kingdom, and Singapore the most significant.

Millenniumpthorne Hotels (Millenniumpthorne Hotels) Headlines

From GuruFocus

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