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Mavenome and Growth VCT 3 (LSE:MIG3) Equity-to-Asset : 1.00 (As of Nov. 2023)


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What is Mavenome and Growth VCT 3 Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mavenome and Growth VCT 3's Total Stockholders Equity for the quarter that ended in Nov. 2023 was £59.34 Mil. Mavenome and Growth VCT 3's Total Assets for the quarter that ended in Nov. 2023 was £59.60 Mil. Therefore, Mavenome and Growth VCT 3's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 1.00.

The historical rank and industry rank for Mavenome and Growth VCT 3's Equity-to-Asset or its related term are showing as below:

LSE:MIG3' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.99   Med: 1   Max: 1
Current: 1

During the past 13 years, the highest Equity to Asset Ratio of Mavenome and Growth VCT 3 was 1.00. The lowest was 0.99. And the median was 1.00.

LSE:MIG3's Equity-to-Asset is ranked better than
99.83% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs LSE:MIG3: 1.00

Mavenome and Growth VCT 3 Equity-to-Asset Historical Data

The historical data trend for Mavenome and Growth VCT 3'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.

Mavenome and Growth VCT 3 Equity-to-Asset Chart

Mavenome and Growth VCT 3 Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 1.00 0.99 1.00 1.00

Mavenome and Growth VCT 3 Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 0.99 1.00 1.00 1.00 1.00

Competitive Comparison of Mavenome and Growth VCT 3's Equity-to-Asset

For the Asset Management subindustry, Mavenome and Growth VCT 3'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.


Mavenome and Growth VCT 3's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mavenome and Growth VCT 3's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Mavenome and Growth VCT 3's Equity-to-Asset falls into.



Mavenome and Growth VCT 3 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.

Mavenome and Growth VCT 3's Equity to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Equity to Asset (A: Nov. 2023 )=Total Stockholders Equity/Total Assets
=59.337/59.602
=1.00

Mavenome and Growth VCT 3's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=59.337/59.602
=1.00

* 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.


Mavenome and Growth VCT 3  (LSE:MIG3) 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%.


Mavenome and Growth VCT 3 Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Mavenome and Growth VCT 3's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Mavenome and Growth VCT 3 (LSE:MIG3) Business Description

Traded in Other Exchanges
N/A
Address
205 West George Street, Kintyre House, Glasgow, GBR, G2 2LW
Maven Income and Growth VCT 3 PLC is a part of the financial services sector. It operating as a venture capital trust, the company aims to achieve long-term capital growth and income for its shareholders. It follows a strategy of investing most of its funds in shares and securities of unquoted UK companies and AIM-quoted companies. The company funds portfolio includes Greater Manchester Loan Fund, Private Equity, and Property Fund.

Mavenome and Growth VCT 3 (LSE:MIG3) Headlines

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