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Medallion Financial (Medallion Financial) Equity-to-Asset

: 0.13 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Medallion Financial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $343.0 Mil. Medallion Financial's Total Assets for the quarter that ended in Dec. 2023 was $2,587.8 Mil. Therefore, Medallion Financial's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.13.

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

MFIN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13   Med: 0.18   Max: 0.45
Current: 0.13

During the past 13 years, the highest Equity to Asset Ratio of Medallion Financial was 0.45. The lowest was 0.13. And the median was 0.18.

MFIN's Equity-to-Asset is ranked worse than
81.33% of 541 companies
in the Credit Services industry
Industry Median: 0.36 vs MFIN: 0.13

Medallion Financial Equity-to-Asset Historical Data

The historical data trend for Medallion Financial'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.

Medallion Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.14 0.15 0.13 0.13

Medallion Financial 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 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 0.13 0.13 0.13 0.13 0.13

Competitive Comparison

For the Credit Services subindustry, Medallion Financial'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.


Medallion Financial Equity-to-Asset Distribution

For the Credit Services industry and Financial Services sector, Medallion Financial's Equity-to-Asset distribution charts can be found below:

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



Medallion Financial 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.

Medallion Financial'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
=342.986/2587.827
=0.13

Medallion Financial'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
=342.986/2587.827
=0.13

* 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.


Medallion Financial  (NAS:MFIN) 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%.


Medallion Financial Equity-to-Asset Related Terms

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


Medallion Financial (Medallion Financial) Business Description

Traded in Other Exchanges
Address
437 Madison Avenue, 38th Floor, New York, NY, USA, 10022
Medallion Financial Corp is a finance company that originates and services loans in various industries. Its operating segments include recreation, home improvement, commercial lending, medallion lending and Corporate and Other Investments. The company generates maximum revenue from the Recreation segment.
Executives
David Justin Haley officer: See Remarks 1100 EAST 6600 SOUTH, SUITE 510, SALT LAKE CITY UT 84121
Brent O. Hatch director C/O MEDALLION FINANCIAL CORP., 437 MADISON AVENUE, 38TH FLOOR, NEW YORK NY 10022
Anthony N. Cutrone officer: See Remarks 437 MADISON AVENUE, 38TH FLOOR, NEW YORK NY 10022
Robert Meyer director 1455 VALLEY ROAD, WAYNE NJ 07470
Donald S. Poulton officer: See Remarks 1100 EAST 6600 SOUTH, SUITE 510, SALT LAKE CITY UT 84121
Cynthia A Hallenbeck director 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Allan J Tanenbaum director
David L Rudnick director
Alvin Murstein director, officer: Chairman & CEO
Henry L Aaron director
Thomas J. Munson officer: Please See Remarks 437 MADISON AVENUE, 38TH FLOOR, NEW YORK NY 10022
Alexander S Travis officer: See Remarks 3000 WEST COUNTY ROAD 42, SUITE 301, BURNSVILLE MN 55337
Frederick Menowitz director C/O MEDALLION FINANCIAL CORP, 437 MADISON AVE, NEW YORK NY 10022
Stephen A. Lewis officer: See Remarks 3000 WEST COUNTY ROAD 42, SUITE 301, BURNSVILLE MN 55337
John Everets director