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Midwich Group (LSE:MIDW) Equity-to-Asset : 0.27 (As of Dec. 2023)


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What is Midwich Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Midwich Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £173 Mil. Midwich Group's Total Assets for the quarter that ended in Dec. 2023 was £654 Mil. Therefore, Midwich Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.27.

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

LSE:MIDW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.24   Max: 0.33
Current: 0.27

During the past 11 years, the highest Equity to Asset Ratio of Midwich Group was 0.33. The lowest was 0.04. And the median was 0.24.

LSE:MIDW's Equity-to-Asset is ranked worse than
87.78% of 2487 companies
in the Hardware industry
Industry Median: 0.57 vs LSE:MIDW: 0.27

Midwich Group Equity-to-Asset Historical Data

The historical data trend for Midwich Group'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.

Midwich Group Equity-to-Asset Chart

Midwich Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.33 0.28 0.22 0.27

Midwich Group Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 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 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 0.28 0.19 0.22 0.28 0.27

Competitive Comparison of Midwich Group's Equity-to-Asset

For the Electronics & Computer Distribution subindustry, Midwich Group'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.


Midwich Group's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Midwich Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Midwich Group's Equity-to-Asset falls into.



Midwich Group 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.

Midwich Group'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
=173.255/654.465
=0.26

Midwich Group'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
=173.255/654.465
=0.26

* 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.


Midwich Group  (LSE:MIDW) 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%.


Midwich Group Equity-to-Asset Related Terms

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


Midwich Group (LSE:MIDW) Business Description

Traded in Other Exchanges
Address
Vinces Road, Diss, Norfolk, GBR, IP22 4YT
Midwich Group PLC provides audio-visual (AV) and document solutions to the trade market. The company's product portfolio includes audiovisual categories such as displays, projectors, digital signage, unified communications, and professional audio. It operates in four segments based on its geography: UK & Ireland, EMEA (Europe, Middle East, and Africa), Asia Pacific, and North America in which it generates the majority of revenue from the UK & Ireland.

Midwich Group (LSE:MIDW) Headlines

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