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Montrose Environmental Group Equity-to-Asset

: 0.48 (As of Dec. 2020)
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Equity to Asset ratio is calculated as shareholder's tangible equity divided by its total asset. Montrose Environmental Group's Total Stockholders Equity for the quarter that ended in Dec. 2020 was $290.1 Mil. Montrose Environmental Group's Total Assets for the quarter that ended in Dec. 2020 was $602.7 Mil. Therefore, Montrose Environmental Group's Equity to Asset Ratio for the quarter that ended in Dec. 2020 was 0.48.

NYSE:MEG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.48   Max: 0.5
Current: 0.48

0.31
0.5

During the past 3 years, the highest Equity to Asset Ratio of Montrose Environmental Group was 0.50. The lowest was 0.31. And the median was 0.48.

NYSE:MEG's Equity-to-Asset is ranked higher than
59% of the 181 Companies
in the Waste Management industry.

( Industry Median: 0.44 vs. NYSE:MEG: 0.48 )

Montrose Environmental Group Equity-to-Asset Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Montrose Environmental Group Annual Data
Dec18 Dec19 Dec20
Equity-to-Asset 0.50 0.31 0.48

Montrose Environmental Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.20 0.42 0.48 0.48

Competitive Comparison
* 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.


Montrose Environmental Group Equity-to-Asset Distribution

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



Montrose Environmental 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 shareholder's tangible equity divided by its total asset.

Montrose Environmental Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=290.073/602.726
=0.48

Montrose Environmental Group's Equity to Asset Ratio for the quarter that ended in Dec. 2020 is calculated as

Equity to Asset (Q: Dec. 2020 )=Total Stockholders Equity/Total Assets
=290.073/602.726
=0.48

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.


Montrose Environmental Group  (NYSE:MEG) 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%.


Montrose Environmental Group Equity-to-Asset Related Terms


Montrose Environmental Group Equity-to-Asset Headlines

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