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Medine (XMAU:MSE.N0000) Equity-to-Asset : 0.69 (As of Mar. 2024)


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What is Medine Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Medine's Total Stockholders Equity for the quarter that ended in Mar. 2024 was MUR21,927 Mil. Medine's Total Assets for the quarter that ended in Mar. 2024 was MUR31,953 Mil. Therefore, Medine's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.69.

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

XMAU:MSE.N0000' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61   Med: 0.69   Max: 0.76
Current: 0.69

During the past 13 years, the highest Equity to Asset Ratio of Medine was 0.76. The lowest was 0.61. And the median was 0.69.

XMAU:MSE.N0000's Equity-to-Asset is ranked better than
77.92% of 539 companies
in the Conglomerates industry
Industry Median: 0.44 vs XMAU:MSE.N0000: 0.69

Medine Equity-to-Asset Historical Data

The historical data trend for Medine'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.

Medine Equity-to-Asset Chart

Medine Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.63 0.67 0.71 0.71

Medine 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 0.69 0.71 0.71 0.68 0.69

Competitive Comparison of Medine's Equity-to-Asset

For the Conglomerates subindustry, Medine'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.


Medine's Equity-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Medine's Equity-to-Asset distribution charts can be found below:

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



Medine 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.

Medine's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=21958.74/30817.083
=0.71

Medine'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
=21926.893/31953.022
=0.69

* 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.


Medine  (XMAU:MSE.N0000) 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%.


Medine Equity-to-Asset Related Terms

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


Medine (XMAU:MSE.N0000) Business Description

Traded in Other Exchanges
N/A
Address
Riviere Noire Road, Cascavelle Business Park, Cascavelle, MUS, 90522
Medine Ltd is engaged in the planting of sugar cane for the production of sugar and by-products of sugarcane such as molasses and bagasse and other agricultural products. The company's segments include Agro; Casela; Sports & Hospitality, Property; and Education. It generates maximum revenue from the Property segment which includes land transactions, rental of office and commercial buildings, and property development. Geographically, it operates only in Mauritius.

Medine (XMAU:MSE.N0000) Headlines

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