Nation Media Group (NAI:NMG) Equity-to-Asset : 0.66 (As of Dec. 2023)

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What is Nation Media Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nation Media Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was KES7,761 Mil. Nation Media Group's Total Assets for the quarter that ended in Dec. 2023 was KES11,804 Mil. Therefore, Nation Media Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.66.

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

NAI:NMG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63 Med: 0.68 Max: 0.73
Current: 0.66

During the past 13 years, the highest Equity to Asset Ratio of Nation Media Group was 0.73. The lowest was 0.63. And the median was 0.68.

NAI:NMG's Equity-to-Asset is ranked better than
69% of 1055 companies
in the Media - Diversified industry
Industry Median: 0.52 vs NAI:NMG: 0.66

Nation Media Group Equity-to-Asset Historical Data

The historical data trend for Nation Media Group'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.

Nation Media Group Equity-to-Asset Chart

Nation Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.64

0.67

0.63

0.67

0.66

Nation Media Group Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Equity-to-Asset	Get a 7-Day Free Trial											0.64	0.67	0.63	0.67	0.66

Competitive Comparison of Nation Media Group's Equity-to-Asset

For the Entertainment subindustry, Nation Media Group'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.

Nation Media Group's Equity-to-Asset Distribution in the Media - Diversified Industry

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

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

Nation Media Group 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.

Nation Media Group'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
	=	7761	/	11803.5
	=	0.66

Nation Media Group'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
	=	7761	/	11803.5
	=	0.66

Nation Media Group (NAI:NMG) 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%.

Nation Media Group Equity-to-Asset Related Terms

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

Nation Media Group (NAI:NMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nation Media Group PLC (NAI:NMG) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kimathi Street, P. O Box 49010, Nation Centre, Nairobi, KEN, 00100

Website

https://www.nationmedia.com

Nation Media Group PLC is a media house in East and Central Africa. Its principal activities of the group are the publication, printing, and distribution of newspapers and magazines, radio and television broadcasting, and digital online products. It has businesses in television networks, film, and TV entertainment and delivers content on a multi-platform basis. Its operating segments are Newspapers & Digital and broadcasting. It generated the majority of its revenue from Newspapers & Digital segments that are engaged in the sale of newspapers, advertisements published in the newspapers, advertisements in the digital platforms, and subscriptions of e-paper.