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Mongolia Growth Group (Mongolia Growth Group) Equity-to-Asset

: 0.75 (As of Sep. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mongolia Growth Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $36.59 Mil. Mongolia Growth Group's Total Assets for the quarter that ended in Sep. 2023 was $48.62 Mil. Therefore, Mongolia Growth Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.75.

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

MNGGF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.68   Med: 0.94   Max: 0.97
Current: 0.75

During the past 13 years, the highest Equity to Asset Ratio of Mongolia Growth Group was 0.97. The lowest was 0.68. And the median was 0.94.

MNGGF's Equity-to-Asset is ranked better than
83.78% of 1837 companies
in the Real Estate industry
Industry Median: 0.44 vs MNGGF: 0.75

Mongolia Growth Group Equity-to-Asset Historical Data

The historical data trend for Mongolia Growth 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.

Mongolia Growth Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.94 0.95 0.96 0.73 0.71

Mongolia Growth Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.73 0.71 0.80 0.88 0.75

Competitive Comparison

For the Real Estate Services subindustry, Mongolia Growth 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.


Mongolia Growth Group Equity-to-Asset Distribution

For the Real Estate industry and Real Estate sector, Mongolia Growth Group's Equity-to-Asset distribution charts can be found below:

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



Mongolia Growth 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.

Mongolia Growth Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=33.952/47.522
=0.71

Mongolia Growth Group'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
=36.589/48.615
=0.75

* 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.


Mongolia Growth Group  (OTCPK:MNGGF) 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%.


Mongolia Growth Group Equity-to-Asset Related Terms

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Mongolia Growth Group (Mongolia Growth Group) Business Description

Traded in Other Exchanges
Address
100 King Street West, 56th Floor Suite 5600, First Canadian Place, Toronto, ON, CAN, M5X 1C9
Mongolia Growth Group Ltd is a real estate investment and development company. It owns commercial investment property assets in Ulaanbaatar, Mongolia. The company operates through three segments: investment property operations, subscription products, and corporate. The Investment Property operations consist of commercial and residential investment property in Mongolia held for the purposes of rental revenue, capital appreciation, or redevelopment.