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Multi Retail Group (XTAE:MRG) Equity-to-Asset : 0.12 (As of Dec. 2023)


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What is Multi Retail Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Multi Retail Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪103.9 Mil. Multi Retail Group's Total Assets for the quarter that ended in Dec. 2023 was ₪850.9 Mil. Therefore, Multi Retail Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.12.

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

XTAE:MRG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11   Med: 0.13   Max: 0.21
Current: 0.12

During the past 7 years, the highest Equity to Asset Ratio of Multi Retail Group was 0.21. The lowest was 0.11. And the median was 0.13.

XTAE:MRG's Equity-to-Asset is ranked worse than
89.59% of 1124 companies
in the Retail - Cyclical industry
Industry Median: 0.445 vs XTAE:MRG: 0.12

Multi Retail Group Equity-to-Asset Historical Data

The historical data trend for Multi Retail 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.

Multi Retail Group Equity-to-Asset Chart

Multi Retail Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.11 0.13 0.18 0.13 0.12

Multi Retail Group Quarterly Data
Dec17 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.13 0.12 0.11 0.12 0.12

Competitive Comparison of Multi Retail Group's Equity-to-Asset

For the Home Improvement Retail subindustry, Multi Retail 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.


Multi Retail Group's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Multi Retail Group's Equity-to-Asset distribution charts can be found below:

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



Multi Retail 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.

Multi Retail 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
=103.926/850.876
=0.12

Multi Retail 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
=103.926/850.876
=0.12

* 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.


Multi Retail Group  (XTAE:MRG) 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%.


Multi Retail Group Equity-to-Asset Related Terms

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


Multi Retail Group (XTAE:MRG) Business Description

Traded in Other Exchanges
N/A
Address
Moshe Levy 11, Rishon LeTsiyon, ISR, 756828
Multi Retail Group Ltd is a retail marketing chain of Home, Garden, and Car products. It offers Furniture, Electricity and Lighting, Bath and plumbing, Home maintenance, and Rugs among others.

Multi Retail Group (XTAE:MRG) Headlines

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