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Marshall Monteagle (JSE:MMP) Equity-to-Asset : 0.65 (As of Sep. 2023)


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What is Marshall Monteagle Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Marshall Monteagle's Total Stockholders Equity for the quarter that ended in Sep. 2023 was R1,602 Mil. Marshall Monteagle's Total Assets for the quarter that ended in Sep. 2023 was R2,450 Mil. Therefore, Marshall Monteagle's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.65.

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

JSE:MMP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.46   Max: 0.68
Current: 0.65

During the past 13 years, the highest Equity to Asset Ratio of Marshall Monteagle was 0.68. The lowest was 0.40. And the median was 0.46.

JSE:MMP's Equity-to-Asset is ranked better than
81.63% of 147 companies
in the Industrial Distribution industry
Industry Median: 0.47 vs JSE:MMP: 0.65

Marshall Monteagle Equity-to-Asset Historical Data

The historical data trend for Marshall Monteagle'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.

Marshall Monteagle Equity-to-Asset Chart

Marshall Monteagle Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.43 0.48 0.64 0.65

Marshall Monteagle Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep22 Mar23 Sep23
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 0.64 0.59 0.68 0.65 0.65

Competitive Comparison of Marshall Monteagle's Equity-to-Asset

For the Industrial Distribution subindustry, Marshall Monteagle'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.


Marshall Monteagle's Equity-to-Asset Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Marshall Monteagle's Equity-to-Asset distribution charts can be found below:

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



Marshall Monteagle 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.

Marshall Monteagle's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=1558.814/2394.587
=0.65

Marshall Monteagle'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
=1601.615/2450.103
=0.65

* 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.


Marshall Monteagle  (JSE:MMP) 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%.


Marshall Monteagle Equity-to-Asset Related Terms

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


Marshall Monteagle (JSE:MMP) Business Description

Traded in Other Exchanges
N/A
Address
66-72 Esplanade, 2nd Floor, Gaspe House, Saint Helier, JEY, JE1 1GH
Marshall Monteagle PLC operates trading businesses involved in the importation and distribution of hand tools, machinery and non-perishable food products, coffee roasting, importing and exporting and trading in metals and minerals. It is also involved in the property business. The company generates the majority of its revenue from the Import and distribution segment, which is engaged in Trade in non-perishable products, such as food, food ingredients, household consumer products, metal and minerals, manufacturing inputs, and tools; primarily imports to South Africa and Latin America, and exports from South Africa.