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MNY (MoneyHero) Equity-to-Asset : 0.62 (As of Sep. 2024)


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What is MoneyHero Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MoneyHero's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $56.67 Mil. MoneyHero's Total Assets for the quarter that ended in Sep. 2024 was $91.00 Mil. Therefore, MoneyHero's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.62.

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

MNY' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.98   Med: 0.62   Max: 0.69
Current: 0.62

During the past 3 years, the highest Equity to Asset Ratio of MoneyHero was 0.69. The lowest was -0.98. And the median was 0.62.

MNY's Equity-to-Asset is ranked worse than
52.48% of 585 companies
in the Interactive Media industry
Industry Median: 0.64 vs MNY: 0.62

MoneyHero Equity-to-Asset Historical Data

The historical data trend for MoneyHero'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.

MoneyHero Equity-to-Asset Chart

MoneyHero Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
- 0.25 0.69

MoneyHero Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only -0.98 0.69 0.64 0.62 0.62

Competitive Comparison of MoneyHero's Equity-to-Asset

For the Internet Content & Information subindustry, MoneyHero'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.


MoneyHero's Equity-to-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, MoneyHero's Equity-to-Asset distribution charts can be found below:

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


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MoneyHero 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.

MoneyHero'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
=79.084/115.047
=0.69

MoneyHero's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=56.673/90.998
=0.62

* 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.


MoneyHero  (NAS:MNY) 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%.


MoneyHero Equity-to-Asset Related Terms

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


MoneyHero Business Description

Traded in Other Exchanges
N/A
Address
70 Shenton Way, No. 18-15, EON Shenton, Singapore, SGP, 079118
MoneyHero Ltd is a personal finance aggregation and comparison company in Greater Southeast Asia. The firm is involved in the operation of online financial comparison platforms and related services for credit cards, personal loans, mortgages, insurance, and other financial products, connecting the providers of these products with well-matched and ready-to-transact consumers and generating revenue directly from these providers for placing their products on its platforms and providing insurance brokerage, marketing and events-related services.