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Mac Hotels (BOM:541973) Equity-to-Asset : -0.14 (As of Sep. 2023)


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What is Mac Hotels Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mac Hotels's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹-10.13 Mil. Mac Hotels's Total Assets for the quarter that ended in Sep. 2023 was ₹70.99 Mil. Therefore, Mac Hotels's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -0.14.

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

BOM:541973' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.14   Med: 0.15   Max: 0.57
Current: -0.14

During the past 10 years, the highest Equity to Asset Ratio of Mac Hotels was 0.57. The lowest was -0.14. And the median was 0.15.

BOM:541973's Equity-to-Asset is ranked worse than
93.33% of 840 companies
in the Travel & Leisure industry
Industry Median: 0.465 vs BOM:541973: -0.14

Mac Hotels Equity-to-Asset Historical Data

The historical data trend for Mac Hotels'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.

Mac Hotels Equity-to-Asset Chart

Mac Hotels Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.46 0.34 - -0.01

Mac Hotels Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.15 - -0.14 -0.01 -0.14

Competitive Comparison of Mac Hotels's Equity-to-Asset

For the Lodging subindustry, Mac Hotels'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.


Mac Hotels's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mac Hotels's Equity-to-Asset distribution charts can be found below:

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



Mac Hotels 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.

Mac Hotels's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=-0.797/69.026
=-0.01

Mac Hotels's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-10.127/70.985
=-0.14

* 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.


Mac Hotels  (BOM:541973) 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%.


Mac Hotels Equity-to-Asset Related Terms

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


Mac Hotels (BOM:541973) Business Description

Traded in Other Exchanges
N/A
Address
Beach Plaza (Annexee), Mac Corporate House, First Floor, Nomxin, Caranzalem, Ilhas, Panji, GA, IND, 403 001
Mac Hotels Ltd is principal engaged in the business of owning, operating and managing hotels, restaurants and resorts in Goa. It operates and manages one resort under the name Resort Park Avenue in Goa. Its revenue sources comprise Room Revenue and Food and Beverage Sale.

Mac Hotels (BOM:541973) Headlines

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