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MFS Multimarketome Trust (MFS Multimarketome Trust) Equity-to-Asset : 0.72 (As of Oct. 2023)


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What is MFS Multimarketome Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MFS Multimarketome Trust's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $264.46 Mil. MFS Multimarketome Trust's Total Assets for the quarter that ended in Oct. 2023 was $368.05 Mil. Therefore, MFS Multimarketome Trust's Equity to Asset Ratio for the quarter that ended in Oct. 2023 was 0.72.

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

MMT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.72   Med: 0.78   Max: 0.81
Current: 0.72

During the past 7 years, the highest Equity to Asset Ratio of MFS Multimarketome Trust was 0.81. The lowest was 0.72. And the median was 0.78.

MMT's Equity-to-Asset is ranked worse than
60.8% of 1727 companies
in the Asset Management industry
Industry Median: 0.82 vs MMT: 0.72

MFS Multimarketome Trust Equity-to-Asset Historical Data

The historical data trend for MFS Multimarketome Trust'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.

MFS Multimarketome Trust Equity-to-Asset Chart

MFS Multimarketome Trust Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Equity-to-Asset
Get a 7-Day Free Trial 0.79 0.77 0.78 0.73 0.72

MFS Multimarketome Trust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 0.76 0.73 0.74 0.72

Competitive Comparison of MFS Multimarketome Trust's Equity-to-Asset

For the Asset Management subindustry, MFS Multimarketome Trust'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.


MFS Multimarketome Trust's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MFS Multimarketome Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where MFS Multimarketome Trust's Equity-to-Asset falls into.



MFS Multimarketome Trust 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.

MFS Multimarketome Trust's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )=Total Stockholders Equity/Total Assets
=264.455/368.05
=0.72

MFS Multimarketome Trust's Equity to Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

Equity to Asset (Q: Oct. 2023 )=Total Stockholders Equity/Total Assets
=264.455/368.05
=0.72

* 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.


MFS Multimarketome Trust  (NYSE:MMT) 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%.


MFS Multimarketome Trust Equity-to-Asset Related Terms

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


MFS Multimarketome Trust (MFS Multimarketome Trust) Business Description

Traded in Other Exchanges
N/A
Address
111 Huntington Avenue, Boston, MA, USA, 02199
MFS Multimarket Income Trust is a diversified closed-end management investment company. Its investment objective is to seek high current income, but may also consider capital appreciation. The fund invests a majority of its net assets in fixed-income securities, corporate bonds of the U.S and foreign issuers, U.S Government securities, foreign government securities, mortgage-backed and other asset-backed securities of U.S and foreign issuers, and debt instruments of issuers located in emerging market countries. The portfolio of investments comprises of different sector investments such as aerospace, airlines, automotive, chemicals, electronics, and others.
Executives
Linda Dougherty other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Neeraj Arora other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
John David Mitchell other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Rosa Licea-mailloux other: CHIEF COMPLIANCE OFFICER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Manjit Singh director 111 HUNTINGTON AVENUE, BOSTON MA 02072
Steven E Buller director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Melissa Kennedy other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Jacques Jr Goulet other: ADVISOR TO OFFICER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Henry Peabody other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Andy Li other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
James W. Kilman director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Edward M. Maloney officer: Officer of Advisor 111 HUNTINGTON AVENUE, BOSTON MA 02199
Peter Darrell Jones director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Michael Skatrud other: Portfolio Manager MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 01760
Carol W. Geremia officer: PRESIDENT 111 HUNTINGTON AVENUE, BOSTON MA 02199