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Mastech Digital (Mastech Digital) Equity-to-Asset : 0.77 (As of Dec. 2023)


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What is Mastech Digital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mastech Digital's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $81.4 Mil. Mastech Digital's Total Assets for the quarter that ended in Dec. 2023 was $105.2 Mil. Therefore, Mastech Digital's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.77.

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

MHH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.55   Max: 0.79
Current: 0.77

During the past 13 years, the highest Equity to Asset Ratio of Mastech Digital was 0.79. The lowest was 0.28. And the median was 0.55.

MHH's Equity-to-Asset is ranked better than
84.34% of 1092 companies
in the Business Services industry
Industry Median: 0.49 vs MHH: 0.77

Mastech Digital Equity-to-Asset Historical Data

The historical data trend for Mastech Digital'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.

Mastech Digital Equity-to-Asset Chart

Mastech Digital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.58 0.65 0.79 0.77

Mastech Digital Quarterly Data
Mar19 Jun19 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 0.79 0.80 0.77 0.79 0.77

Competitive Comparison of Mastech Digital's Equity-to-Asset

For the Staffing & Employment Services subindustry, Mastech Digital'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.


Mastech Digital's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mastech Digital's Equity-to-Asset distribution charts can be found below:

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



Mastech Digital 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.

Mastech Digital'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
=81.444/105.227
=0.77

Mastech Digital'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
=81.444/105.227
=0.77

* 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.


Mastech Digital  (AMEX:MHH) 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%.


Mastech Digital Equity-to-Asset Related Terms

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


Mastech Digital (Mastech Digital) Business Description

Traded in Other Exchanges
Address
1305 Cherrington Parkway, Building 210, Suite 400, Moon Township, PA, USA, 15108
Mastech Digital Inc is a provider of Digital Transformation IT Services. The Company offers data & analytics solutions & IT staffing services for both digital & mainstream technologies. The Group has two segments. Its Data & Analytics Services segment delivers specialized data management, data engineering, customer experience consulting, data analytics & cloud services to customers globally. IT Staffing Services segment combines technical expertise with business process experience to deliver a broad range of services in digital & mainstream technologies. Its digital transformation services also include staffing & project-based services around digital learning. The company derives a majority of its revenue from IT staffing services. Geographically, the majority is from the United States.
Executives
Manoj P Singh 10 percent owner PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Sunil Wadhwani director, 10 percent owner 1004 MCKEE ROAD, OAKDALE PA 15071
Michael Lee Fleishman officer: See Remarks 1305 CHERRINGTON PKWY, BLDG 210, SUITE 400, MOON TOWNSHIP PA 15108
Vladimir Rak director 345 COURT STREET, CORAOPOLIS PA 15108
Ganeshan Venkateshwaran officer: See Remarks 1305 CHERRINGTON PKWY, BLDG 210, STE 400, MOON TOWNSHIP PA 15108
Paul Philip Burton officer: See Remarks 1305 CHERRINGTON PARKWAY, SUITE 400, MOON TOWNSHIP PA 15109
Brenda C Galilee director C/O HALL KINION & ASSOCIATES INC, 75 ROWLAND WAY, SUITE 200, NOVATO CA 94945
Steven A Shaw 10 percent owner 503 13TH AVENUE EAST, #205, SEATTLE WA 98102
John J. Cronin officer: Chief Financial Officer 1603 BLACKBURN HTS DRIVE, SEWICKLEY PA 15143
Vivek Gupta director, officer: President and CEO C/O MASTECH HOLDINGS, 1305 CHERRINGTON PKWY, BLDG 200, STE 400, MOON TOWNSHIP PA 15108
Gerhard Watzinger director 2821 TARFLOWER WAY, NAPLES FL 34105
John Ausura director 210 CAPE COD WAY, MOORESVILLE NC 28117
Ashok Trivedi director, 10 percent owner 1004 MCKEE ROAD, OAKDALE PA 15071
Scott Adam Aicher officer: See Remarks 2709 PEBBLE BEACH DRIVE, OAKALND MI 48363
Denis D. Deet officer: VP of Technology and CIO C/O MASTECH HOLDINGS, INC., 1305 CHERRINGTON PKWY, BLDG 210, STE 400, MOON TOWNSHIP PA 15108

Mastech Digital (Mastech Digital) Headlines

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