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The Mauritius Development Investment Trust Co (XMAU:MDIT) Equity-to-Asset : 0.92 (As of Mar. 2024)


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What is The Mauritius Development Investment Trust Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The Mauritius Development Investment Trust Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was MUR1,421.63 Mil. The Mauritius Development Investment Trust Co's Total Assets for the quarter that ended in Mar. 2024 was MUR1,540.91 Mil. Therefore, The Mauritius Development Investment Trust Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.92.

The historical rank and industry rank for The Mauritius Development Investment Trust Co's Equity-to-Asset or its related term are showing as below:

XMAU:MDIT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.87   Med: 0.94   Max: 0.98
Current: 0.92

During the past 13 years, the highest Equity to Asset Ratio of The Mauritius Development Investment Trust Co was 0.98. The lowest was 0.87. And the median was 0.94.

XMAU:MDIT's Equity-to-Asset is ranked better than
65.74% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs XMAU:MDIT: 0.92

The Mauritius Development Investment Trust Co Equity-to-Asset Historical Data

The historical data trend for The Mauritius Development Investment Trust Co'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.

The Mauritius Development Investment Trust Co Equity-to-Asset Chart

The Mauritius Development Investment Trust Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.93 0.92 0.91 0.92

The Mauritius Development Investment Trust Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.93 0.92 0.93 0.92 0.92

Competitive Comparison of The Mauritius Development Investment Trust Co's Equity-to-Asset

For the Asset Management subindustry, The Mauritius Development Investment Trust Co'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.


The Mauritius Development Investment Trust Co's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Mauritius Development Investment Trust Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where The Mauritius Development Investment Trust Co's Equity-to-Asset falls into.



The Mauritius Development Investment Trust Co 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.

The Mauritius Development Investment Trust Co's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=1291.112/1402.346
=0.92

The Mauritius Development Investment Trust Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=1421.63/1540.91
=0.92

* 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.


The Mauritius Development Investment Trust Co  (XMAU:MDIT) 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%.


The Mauritius Development Investment Trust Co Equity-to-Asset Related Terms

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The Mauritius Development Investment Trust Co (XMAU:MDIT) Business Description

Traded in Other Exchanges
N/A
Address
206 The Catalyst, 40 Silicon Avenue, Ebene, MUS, 72201
The Mauritius Development Investment Trust Co Ltd is an investment trust and a closed-end fund. Its investment objective is to secure for investors the benefits of a good dividend yield as well as long-term capital growth. The company is organized into one main operating segment, which invests in quoted and unquoted securities both on the local and overseas market. The company operates in Mauritius, Europe, United Kingdom, United States, Asia and South Africa, out of which it derives maximum revenue from Mauritius.

The Mauritius Development Investment Trust Co (XMAU:MDIT) Headlines

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