MOYFF (Mynaric AG) Equity-to-Asset : -0.41 (As of Dec. 2023)

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What is Mynaric AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mynaric AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-53.75 Mil. Mynaric AG's Total Assets for the quarter that ended in Dec. 2023 was $129.87 Mil. Therefore, Mynaric AG's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.41.

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

MOYFF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.41 Med: 0.79 Max: 0.95
Current: -0.41

During the past 7 years, the highest Equity to Asset Ratio of Mynaric AG was 0.95. The lowest was -0.41. And the median was 0.79.

MOYFF's Equity-to-Asset is ranked worse than
97.7% of 2473 companies
in the Hardware industry
Industry Median: 0.56 vs MOYFF: -0.41

Mynaric AG Equity-to-Asset Historical Data

The historical data trend for Mynaric AG'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.

Mynaric AG Equity-to-Asset Chart

Mynaric AG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.69

0.82

0.79

0.35

-0.41

Mynaric AG Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial								0.79	0.55	0.35	0.07	-0.41

Competitive Comparison of Mynaric AG's Equity-to-Asset

For the Communication Equipment subindustry, Mynaric AG'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.

Mynaric AG's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mynaric AG's Equity-to-Asset distribution charts can be found below:

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

Mynaric AG 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.

Mynaric AG'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
	=	-53.748	/	129.865
	=	-0.41

Mynaric AG'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
	=	-53.748	/	129.865
	=	-0.41

Mynaric AG (OTCPK:MOYFF) 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%.

Mynaric AG Equity-to-Asset Related Terms

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Mynaric AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mynaric AG (OTCPK:MOYFF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

MYNA:USA 0AR9:UK M0YN:Germany

Address

Bertha-Kipfmuller-Strasse 2-8, Munich, BY, DEU, 81249

Website

https://www.mynaric.com

Mynaric AG operates in the communication equipment business sector. The company is engaged in the manufacture and sale of products and projects and the provision of services in the field of laser technology, in particular in the aerospace, telematics, and satellite services sectors. It operates in two segments: Air and Space. The space segment comprises CONDOR terminals, and the Air segment comprises HAWK terminals. The company's product portfolio consists of Optical ground stations, Air-to-ground terminals, Air-to-air terminals, Space terminals, and Custom products and subcomponents. Its applications consist of high-altitude networks, remote eyes, satellite constellations, earth observation satellites, and others. Geographically, its key revenue is derived from the United States.