Equity to Asset ratio is calculated as total stockholders equity divided by total asset. New Mauritius Hotels's Total Stockholders Equity for the quarter that ended in Dec. 2023 was MUR1,927 Mil. New Mauritius Hotels's Total Assets for the quarter that ended in Dec. 2023 was MUR43,771 Mil.
Therefore, New Mauritius Hotels's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.04.
The historical rank and industry rank for New Mauritius Hotels's Equity-to-Asset or its related term are showing as below:
XMAU:NMHL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04 Med: 0.32 Max: 0.4
Current: 0.04
During the past 13 years, the highest Equity to Asset Ratio of New Mauritius Hotels was 0.40. The lowest was 0.04. And the median was 0.32.
XMAU:NMHL's Equity-to-Asset is ranked worse than 88.92% of 839
companies
in the Travel & Leisure industry
Industry Median: 0.49
vs XMAU:NMHL: 0.04
New Mauritius Hotels Equity-to-Asset Historical Data
The historical data trend for New Mauritius Hotels'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.
Competitive Comparison of New Mauritius Hotels's Equity-to-Asset
For the Lodging subindustry, New Mauritius Hotels'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.
New Mauritius Hotels's Equity-to-Asset Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, New Mauritius Hotels's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where New Mauritius Hotels's Equity-to-Asset falls into.
New Mauritius Hotels 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.
New Mauritius Hotels's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 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.
New Mauritius Hotels (XMAU:NMHL) 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%.
New Mauritius Hotels Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of New Mauritius Hotels's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
New Mauritius Hotels (XMAU:NMHL) Business Description
New Mauritius Hotels Ltd together with its subsidiaries is in the business of hotel operations, tour operating, provision of flight & inland catering and rental of hotel property. The company is composed of four business segments, hotel operations, tour operating, Catering and Property. Hotel operations are carried out in Mauritius and morocco. Tour operating are carried out in France, the United Kingdom, Italy, South Africa, and Mauritius. Airline and inland catering are carried out in Mauritius and rental of properties in Seychelles. The majority of the revenue for the company is generated from Hotel Operations.
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