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Manila Broadcasting Co (PHS:MBC) Equity-to-Asset : 0.55 (As of Mar. 2024)


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What is Manila Broadcasting Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Manila Broadcasting Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱1,524 Mil. Manila Broadcasting Co's Total Assets for the quarter that ended in Mar. 2024 was ₱2,782 Mil. Therefore, Manila Broadcasting Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.55.

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

PHS:MBC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.54   Max: 0.78
Current: 0.55

During the past 13 years, the highest Equity to Asset Ratio of Manila Broadcasting Co was 0.78. The lowest was 0.47. And the median was 0.54.

PHS:MBC's Equity-to-Asset is ranked better than
54.79% of 1055 companies
in the Media - Diversified industry
Industry Median: 0.52 vs PHS:MBC: 0.55

Manila Broadcasting Co Equity-to-Asset Historical Data

The historical data trend for Manila Broadcasting Co'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.

Manila Broadcasting Co Equity-to-Asset Chart

Manila Broadcasting Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.50 0.52 0.52 0.54

Manila Broadcasting Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.53 0.54 0.54 0.54 0.55

Competitive Comparison of Manila Broadcasting Co's Equity-to-Asset

For the Broadcasting subindustry, Manila Broadcasting Co'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.


Manila Broadcasting Co's Equity-to-Asset Distribution in the Media - Diversified Industry

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

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



Manila Broadcasting Co 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.

Manila Broadcasting Co'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
=1507.606/2799.963
=0.54

Manila Broadcasting Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=1523.569/2782.472
=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.


Manila Broadcasting Co  (PHS:MBC) 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%.


Manila Broadcasting Co Equity-to-Asset Related Terms

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


Manila Broadcasting Co (PHS:MBC) Business Description

Traded in Other Exchanges
N/A
Address
MBC Building, V. Sotto Street, Roxas Boulevard, CCP Complex, Metro Manila, Pasay City, PHL, 1307
Manila Broadcasting Co owns and operates radio stations. It is principally engaged in the radio broadcasting business which includes various programming formats, such as DZRH and Aksyon Radyo, Love Radio, Yes-FM, Hot-FM, Easy Rock, and Radyo Natin. The company also broadcasts and organizes events, and produces and sponsors concerts. The activity of the group is operated through cities or towns of the Philippines. The revenue sources of the company are derived from the provision of services like broadcasting, hosting and customer event, and digital services.