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M2i Global (M2i Global) Equity-to-Asset : -11.35 (As of Feb. 2024)


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What is M2i Global Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. M2i Global's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $-1.19 Mil. M2i Global's Total Assets for the quarter that ended in Feb. 2024 was $0.11 Mil.

The historical rank and industry rank for M2i Global's Equity-to-Asset or its related term are showing as below:

MTWO' s Equity-to-Asset Range Over the Past 10 Years
Min: -29   Med: -1.33   Max: 0.41
Current: -11.35

During the past 6 years, the highest Equity to Asset Ratio of M2i Global was 0.41. The lowest was -29.00. And the median was -1.33.

MTWO's Equity-to-Asset is ranked worse than
97.31% of 2709 companies
in the Metals & Mining industry
Industry Median: 0.8 vs MTWO: -11.35

M2i Global Equity-to-Asset Historical Data

The historical data trend for M2i Global'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.

M2i Global Equity-to-Asset Chart

M2i Global Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Equity-to-Asset
Get a 7-Day Free Trial - -1.33 -1.11 0.03 -21.65

M2i Global Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.20 0.41 -23.64 -21.65 -11.35

Competitive Comparison of M2i Global's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, M2i Global'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.


M2i Global's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, M2i Global's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where M2i Global's Equity-to-Asset falls into.



M2i Global 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.

M2i Global's Equity to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Equity to Asset (A: Nov. 2023 )=Total Stockholders Equity/Total Assets
=-1.039/0.048
=-21.65

M2i Global's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=-1.192/0.105
=

* 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.


M2i Global  (OTCPK:MTWO) 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%.


M2i Global Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of M2i Global's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


M2i Global (M2i Global) Business Description

Traded in Other Exchanges
N/A
Address
S. Carson Street, P.O. Box No. 40, Carson, NV, USA, 89701
M2I Global Inc formerly Inky Inc develops, publishes and markets mobile software applications for smartphones and tablet devices. Inky facilitates the user to decide what and where to ink without having to actually commence the tattoo procedure. Users will be able to download applications through direct-to-consumer digital storefronts, such as the apple app store and google play market. The app includes a selection of tattoo sketches by different artists that can be virtually placed via smartphone-powered AR. A user gets to try on a virtual tattoo on their body in real time.