Middlefield Canadianome PCC (LSE:MCT) Equity-to-Asset : 0.85 (As of Dec. 2023)

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What is Middlefield Canadianome PCC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Middlefield Canadianome PCC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £129.44 Mil. Middlefield Canadianome PCC's Total Assets for the quarter that ended in Dec. 2023 was £151.73 Mil. Therefore, Middlefield Canadianome PCC's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.85.

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

LSE:MCT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.77 Med: 0.82 Max: 0.85
Current: 0.85

During the past 8 years, the highest Equity to Asset Ratio of Middlefield Canadianome PCC was 0.85. The lowest was 0.77. And the median was 0.82.

LSE:MCT's Equity-to-Asset is ranked better than
53.16% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs LSE:MCT: 0.85

Middlefield Canadianome PCC Equity-to-Asset Historical Data

The historical data trend for Middlefield Canadianome PCC'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.

Middlefield Canadianome PCC Equity-to-Asset Chart

Middlefield Canadianome PCC Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.83

0.81

0.79

0.83

0.85

Middlefield Canadianome PCC Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial											0.79	0.82	0.83	0.82	0.85

Competitive Comparison of Middlefield Canadianome PCC's Equity-to-Asset

For the Asset Management subindustry, Middlefield Canadianome PCC'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.

Middlefield Canadianome PCC's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Middlefield Canadianome PCC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Middlefield Canadianome PCC's Equity-to-Asset falls into.

Middlefield Canadianome PCC 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.

Middlefield Canadianome PCC's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	129.439	/	151.731
	=	0.85

Middlefield Canadianome PCC's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	129.439	/	151.731
	=	0.85

Middlefield Canadianome PCC (LSE:MCT) 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%.

Middlefield Canadianome PCC Equity-to-Asset Related Terms

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

Middlefield Canadianome PCC (LSE:MCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Middlefield Canadian Income PCC (LSE:MCT) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

MCTl:UK

Address

28 Esplanade, St Helier, JEY, JE2 3QA

Website

https://www.middlefield.co.uk/mcit.htm

Middlefield Canadian Income PCC is a closed-ended fund. Its investment objective is to provide shareholders with a high level of dividends and capital growth over the longer term. The fund intends to pay dividends on a quarterly basis each year. It intends to achieve its investment objective by investing predominantly in the securities of companies and REITs domiciled in Canada and listed on the Canadian Stock Exchange. It invests in various market sectors, of which the major share is invested in Real Estate, Financials, Utilities, Pipelines, and Technology sectors.

Middlefield Canadianome PCC (LSE:MCT) Headlines

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