Mooreast Holdings (SGX:1V3) Equity-to-Asset : 0.32 (As of Jun. 2023)

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What is Mooreast Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mooreast Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was S$25.47 Mil. Mooreast Holdings's Total Assets for the quarter that ended in Jun. 2023 was S$79.13 Mil. Therefore, Mooreast Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.32.

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

SGX:1V3' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29 Med: 0.31 Max: 0.75
Current: 0.32

During the past 3 years, the highest Equity to Asset Ratio of Mooreast Holdings was 0.75. The lowest was 0.29. And the median was 0.31.

SGX:1V3's Equity-to-Asset is ranked worse than
66.88% of 317 companies
in the Aerospace & Defense industry
Industry Median: 0.45 vs SGX:1V3: 0.32

Mooreast Holdings Equity-to-Asset Historical Data

The historical data trend for Mooreast Holdings'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.

Mooreast Holdings Equity-to-Asset Chart

Mooreast Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Equity-to-Asset

0.75

0.29

0.31

Mooreast Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Equity-to-Asset	Get a 7-Day Free Trial			-	0.29	0.29	0.31	0.32

Competitive Comparison of Mooreast Holdings's Equity-to-Asset

For the Aerospace & Defense subindustry, Mooreast Holdings'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.

Mooreast Holdings's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Mooreast Holdings's Equity-to-Asset distribution charts can be found below:

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

Mooreast Holdings 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.

Mooreast Holdings'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
	=	23.229	/	74.865
	=	0.31

Mooreast Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	25.47	/	79.126
	=	0.32

Mooreast Holdings (SGX:1V3) 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%.

Mooreast Holdings Equity-to-Asset Related Terms

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

Mooreast Holdings (SGX:1V3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Mooreast Holdings Ltd (SGX:1V3) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Shipyard Road, Mooreast Offshore Base, Singapore, SGP, 628139

Website

https://www.mooreast.com

Mooreast Holdings Ltd is a total mooring solutions specialist, serving the offshore oil and gas, marine and offshore renewable energy industries. With strong in-house capabilities in design, engineering and fabrication, the company offers a full range of mooring solutions including the design, engineering, fabrication, supply, mobilisation and logistics, installation and commissioning services for mooring systems and mooring system components as well as the provision of rigging and heavy lifting equipment.

Mooreast Holdings (SGX:1V3) Headlines

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