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Moving iMage Technologies (Moving iMage Technologies) Equity-to-Asset : 0.50 (As of Mar. 2024)


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What is Moving iMage Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Moving iMage Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $6.32 Mil. Moving iMage Technologies's Total Assets for the quarter that ended in Mar. 2024 was $12.69 Mil. Therefore, Moving iMage Technologies's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.50.

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

MITQ' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.39   Med: 0.5   Max: 0.66
Current: 0.5

During the past 6 years, the highest Equity to Asset Ratio of Moving iMage Technologies was 0.66. The lowest was -0.39. And the median was 0.50.

MITQ's Equity-to-Asset is ranked worse than
61% of 2487 companies
in the Hardware industry
Industry Median: 0.57 vs MITQ: 0.50

Moving iMage Technologies Equity-to-Asset Historical Data

The historical data trend for Moving iMage Technologies'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.

Moving iMage Technologies Equity-to-Asset Chart

Moving iMage Technologies Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial -0.02 -0.17 -0.13 0.63 0.57

Moving iMage Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.63 0.57 0.56 0.57 0.50

Competitive Comparison of Moving iMage Technologies's Equity-to-Asset

For the Communication Equipment subindustry, Moving iMage Technologies'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.


Moving iMage Technologies's Equity-to-Asset Distribution in the Hardware Industry

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

* The bar in red indicates where Moving iMage Technologies's Equity-to-Asset falls into.



Moving iMage Technologies 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.

Moving iMage Technologies's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=7.579/13.33
=0.57

Moving iMage Technologies's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=6.317/12.692
=0.50

* 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.


Moving iMage Technologies  (AMEX:MITQ) 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%.


Moving iMage Technologies Equity-to-Asset Related Terms

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


Moving iMage Technologies (Moving iMage Technologies) Business Description

Traded in Other Exchanges
N/A
Address
17760 Newhope Street, Fountain Valley, CA, USA, 92708
Moving iMage Technologies Inc is engaged in providing designed equipment as well as other off the shelf cinema products needed for contemporary cinema requirements. It offers technical, design and consulting services such as custom engineering, systems design, integration and installation, and digital technology, as well as software solutions for operations enhancement and theatre management.
Executives
William F Greene officer: Interim CFO 12220 EL CAMINO REAL #410, CARLSBAD CA 92130
Philip L. Rafnson director, 10 percent owner, officer: CEO, Pres. 17760 NEWHOPE STREET, IRVINE CA 92708
Bevan Wright officer: EVP Operations 17760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92708
John Stiska director
Katherine D Crothall director 2425 S. BLUE CRANE DRIVE, JACKSON WY 83001
Jose Delgado officer: EVP Sales & Marketing 11760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92708
Michael R. Sherman officer: CFO 17760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92708
Scott Lloyd Anderson director 17760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92075
Sound Management Investors, Llc 10 percent owner 11109 XYLON AVENUE S, BLOOMINGTON MN 55438