Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MasterCraft Boat Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $193.1 Mil. MasterCraft Boat Holdings's Total Assets for the quarter that ended in Dec. 2023 was $331.8 Mil.
Therefore, MasterCraft Boat Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.58.
The historical rank and industry rank for MasterCraft Boat Holdings's Equity-to-Asset or its related term are showing as below:
MCFT'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.49 Med: 0.31 Max: 0.63
Current: 0.58
During the past 11 years, the highest Equity to Asset Ratio of MasterCraft Boat Holdings was 0.63. The lowest was -0.49. And the median was 0.31.
MCFT's Equity-to-Asset is ranked better than 67.61% of 1309
companies
in the Vehicles & Parts industry
Industry Median: 0.47
vs MCFT: 0.58
MasterCraft Boat Holdings Equity-to-Asset Historical Data
The historical data trend for MasterCraft Boat Holdings'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.
For the Recreational Vehicles subindustry, MasterCraft Boat Holdings'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.
MasterCraft Boat Holdings Equity-to-Asset Distribution
For the Vehicles & Parts industry and Consumer Cyclical sector, MasterCraft Boat Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where MasterCraft Boat Holdings's Equity-to-Asset falls into.
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.
MasterCraft Boat Holdings'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.
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%.
MasterCraft Boat Holdings Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of MasterCraft Boat Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
MasterCraft Boat Holdings (MasterCraft Boat Holdings) Business Description
MasterCraft Boat Holdings Inc designs, manufactures, and markets performance sport boats and outboard boats. The company is based in the United States and operates in three brand-specific segments. The MasterCraft segment generates the majority of the company's revenue and includes inboard boats for water skiing, wakeboarding, and wake surfing. The NauticStar segment includes outboard boats for fishing and recreational boating. Its Crest boats are used for general recreational boating. the majority of the company's sales are made in North America.
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