Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MA Financial Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$397.5 Mil. MA Financial Group's Total Assets for the quarter that ended in Dec. 2023 was A$3,573.9 Mil.
Therefore, MA Financial Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.11.
The historical rank and industry rank for MA Financial Group's Equity-to-Asset or its related term are showing as below:
ASX:MAF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11 Med: 0.42 Max: 0.76
Current: 0.11
During the past 7 years, the highest Equity to Asset Ratio of MA Financial Group was 0.76. The lowest was 0.11. And the median was 0.42.
ASX:MAF's Equity-to-Asset is ranked worse than 95.37% of 1728
companies
in the Asset Management industry
Industry Median: 0.83
vs ASX:MAF: 0.11
MA Financial Group Equity-to-Asset Historical Data
The historical data trend for MA Financial 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.
Competitive Comparison of MA Financial Group's Equity-to-Asset
For the Asset Management subindustry, MA Financial 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.
MA Financial Group's Equity-to-Asset Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, MA Financial Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where MA Financial Group's Equity-to-Asset falls into.
MA Financial 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.
MA Financial Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
MA Financial Group (ASX:MAF) 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%.
MA Financial Group Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of MA Financial Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
MA Financial Group Ltd is a financial services company. The Group is organised into the following business segments: Asset Management, Lending & Technology, and Corporate Advisory & Equities (CA&E). It generates maximum revenue from the Asset Management segment. The Asset Management segment incorporates the provision of asset management services and principal co-investment and strategic investments. The Lending & Technology segment includes the provision of Lending Platforms for loan funding, residential mortgages and Financial Technology. The Corporate Advisory and Equities segment provides corporate advice, underwriting and institutional stockbroking services. The Group mainly operates in Australia.
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