Movement Industries (Movement Industries) Equity-to-Asset : -1.49 (As of Jun. 2023)

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What is Movement Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Movement Industries's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-1.42 Mil. Movement Industries's Total Assets for the quarter that ended in Jun. 2023 was $0.95 Mil. Therefore, Movement Industries's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was -1.49.

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

MVNT' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.89 Med: -1.69 Max: -1.49
Current: -1.49

During the past 2 years, the highest Equity to Asset Ratio of Movement Industries was -1.49. The lowest was -1.89. And the median was -1.69.

MVNT's Equity-to-Asset is ranked worse than
99.42% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs MVNT: -1.49

Movement Industries Equity-to-Asset Historical Data

The historical data trend for Movement Industries'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.

Movement Industries Equity-to-Asset Chart

Movement Industries Annual Data

Trend

Jun22

Jun23

Equity-to-Asset

-1.89

-1.49

Movement Industries Semi-Annual Data
	Jun22	Jun23
Equity-to-Asset	-1.89	-1.49

Competitive Comparison of Movement Industries's Equity-to-Asset

For the Asset Management subindustry, Movement Industries'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.

Movement Industries's Equity-to-Asset Distribution in the Asset Management Industry

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

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

Movement Industries 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.

Movement Industries'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
	=	-1.416	/	0.953
	=	-1.49

Movement Industries's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-1.416	/	0.953
	=	-1.49

Movement Industries (OTCPK:MVNT) 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%.

Movement Industries Equity-to-Asset Related Terms

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

Movement Industries (Movement Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Movement Industries Corp (OTCPK:MVNT) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

6829 Flintlock Road, Houston, TX, USA, 77040

Website

https://www.mvmnt.in

Movement Industries Corp is engaged in investments in emerging growth companies in the energy, oil and gas, and industrial manufacturing sectors. The company also offers its services to utilities, technology, agriculture, and medical industries. It provides valves, actuators, pumps, tanks, and wellhead control panels, CNC Machining, Waterjet, Plasma, Laser Cutting, Welding and Fabrication, control systems, and communication systems among its many products and services. The company operates in North America, South America and is expanding globally with new ventures into Africa and market studies into the European and Asian markets.