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Muscat Thread MillsOG (MUS:MTMI) Equity-to-Asset : 0.63 (As of Dec. 2022)


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What is Muscat Thread MillsOG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Muscat Thread MillsOG's Total Stockholders Equity for the quarter that ended in Dec. 2022 was ر.ع1.83 Mil. Muscat Thread MillsOG's Total Assets for the quarter that ended in Dec. 2022 was ر.ع2.92 Mil. Therefore, Muscat Thread MillsOG's Equity to Asset Ratio for the quarter that ended in Dec. 2022 was 0.63.

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

MUS:MTMI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.55   Med: 0.7   Max: 0.77
Current: 0.63

During the past 13 years, the highest Equity to Asset Ratio of Muscat Thread MillsOG was 0.77. The lowest was 0.55. And the median was 0.70.

MUS:MTMI's Equity-to-Asset is ranked better than
64.95% of 1087 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs MUS:MTMI: 0.63

Muscat Thread MillsOG Equity-to-Asset Historical Data

The historical data trend for Muscat Thread MillsOG'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.

Muscat Thread MillsOG Equity-to-Asset Chart

Muscat Thread MillsOG Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.75 0.76 0.55 0.63

Muscat Thread MillsOG Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec21 Dec22
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 0.77 0.75 0.76 0.55 0.63

Competitive Comparison of Muscat Thread MillsOG's Equity-to-Asset

For the Textile Manufacturing subindustry, Muscat Thread MillsOG'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.


Muscat Thread MillsOG's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Muscat Thread MillsOG's Equity-to-Asset distribution charts can be found below:

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



Muscat Thread MillsOG 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.

Muscat Thread MillsOG's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=1.83/2.916
=0.63

Muscat Thread MillsOG's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )=Total Stockholders Equity/Total Assets
=1.83/2.916
=0.63

* 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.


Muscat Thread MillsOG  (MUS:MTMI) 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%.


Muscat Thread MillsOG Equity-to-Asset Related Terms

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


Muscat Thread MillsOG (MUS:MTMI) Business Description

Traded in Other Exchanges
N/A
Address
Road No 18, P.O.Box 122, Rusayl, OMN, 124
Muscat Thread Mills SAOG manufactures and markets sewing threads in the Sultanate of Oman. It offers apparel sewing, embroidery, fire-resistant, and water-soluble threads under the Boat and Silver Falcon brand names. The firm's revenue is mainly generated from exports. The company also markets its products to Bangladesh, Sri Lanka, India, Pakistan, the United Arab Emirates, Turkey, Jordan, Madagascar, Kenya, Egypt, Mauritius, Saudi Arabia, Indonesia, Qatar, and Kuwait.

Muscat Thread MillsOG (MUS:MTMI) Headlines

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