GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MPC Container Ships ASA (OSL:MPCC) » Definitions » Equity-to-Asset

MPC Container Ships ASA (OSL:MPCC) Equity-to-Asset : 0.79 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is MPC Container Ships ASA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MPC Container Ships ASA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr7,908 Mil. MPC Container Ships ASA's Total Assets for the quarter that ended in Dec. 2023 was kr10,072 Mil. Therefore, MPC Container Ships ASA's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.79.

The historical rank and industry rank for MPC Container Ships ASA's Equity-to-Asset or its related term are showing as below:

OSL:MPCC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.7   Max: 0.79
Current: 0.79

During the past 7 years, the highest Equity to Asset Ratio of MPC Container Ships ASA was 0.79. The lowest was 0.56. And the median was 0.70.

OSL:MPCC's Equity-to-Asset is ranked better than
91.31% of 978 companies
in the Transportation industry
Industry Median: 0.49 vs OSL:MPCC: 0.79

MPC Container Ships ASA Equity-to-Asset Historical Data

The historical data trend for MPC Container Ships ASA'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.

MPC Container Ships ASA Equity-to-Asset Chart

MPC Container Ships ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.57 0.56 0.70 0.75 0.79

MPC Container Ships ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.75 0.76 0.79 0.76 0.79

Competitive Comparison of MPC Container Ships ASA's Equity-to-Asset

For the Marine Shipping subindustry, MPC Container Ships ASA'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.


MPC Container Ships ASA's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, MPC Container Ships ASA's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where MPC Container Ships ASA's Equity-to-Asset falls into.



MPC Container Ships ASA 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.

MPC Container Ships ASA'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
=7908.316/10071.976
=0.79

MPC Container Ships ASA'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
=7908.316/10071.976
=0.79

* 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.


MPC Container Ships ASA  (OSL:MPCC) 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%.


MPC Container Ships ASA Equity-to-Asset Related Terms

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


MPC Container Ships ASA (OSL:MPCC) Business Description

Traded in Other Exchanges
Address
Ruseløkkveien 34, Oslo, NOR, N-0251
MPC Container Ships ASA is a Norway based company that engages in the investment in and operation of shipping assets. The group's principal business activity is to invest in and operate maritime assets in the container shipping segment. It owns and operates container shops and feeder vessels that are chartered out to liner shipping companies and regional carriers. The group earns revenue from seaborne container transportation globally. The group has one reporting segment as it employs one type of vessel; Container Vessels.

MPC Container Ships ASA (OSL:MPCC) Headlines

No Headlines