Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Marine Products's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $108.1 Mil. Marine Products's Total Assets for the quarter that ended in Jun. 2022 was $149.6 Mil.
Therefore, Marine Products's Equity to Asset Ratio for the quarter that ended in Jun. 2022 was 0.72.
The historical rank and industry rank for Marine Products's Equity-to-Asset or its related term are showing as below:
MPX'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.67 Med: 0.79 Max: 0.9
Current: 0.72
During the past 13 years, the highest Equity to Asset Ratio of Marine Products was 0.90. The lowest was 0.67. And the median was 0.79.
MPX's Equity-to-Asset is ranked better than 84.95% of 1236
companies
in the Vehicles & Parts industry
Industry Median: 0.47
vs MPX: 0.72
Marine Products Equity-to-Asset Historical Data
The historical data trend for Marine Products'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.
Marine Products Annual Data
Trend
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Equity-to-Asset
0.73
0.75
0.74
0.71
0.74
Marine Products Quarterly Data
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Equity-to-Asset
0.67
0.67
0.74
0.72
0.72
Competitive Comparison
For the Recreational Vehicles subindustry, Marine Products'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.
Marine Products Equity-to-Asset Distribution
For the Vehicles & Parts industry and Consumer Cyclical sector, Marine Products's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Marine Products's Equity-to-Asset falls into.
Marine Products 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.
Marine Products's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as
* 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.
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%.
Marine Products Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Marine Products's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Marine Products Corp is a manufacturer of fiberglass motorized boats distributed and marketed through its independent dealer network. It operates in the Powerboat Manufacturing business segment through Nashville, Georgia, Valdosta, and Georgia. Its product offerings include Chaparral sterndrive, outboard, and jet pleasure boats and Robalo outboard sport fishing boats. The company offers its products to the family recreational and cruiser markets through its Chaparral brand and to the sportfishing market through its Robalo brand.
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