MeGroup (SGX:SJY) Equity-to-Asset : 0.28 (As of Sep. 2023)

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What is MeGroup Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MeGroup's Total Stockholders Equity for the quarter that ended in Sep. 2023 was S$13.5 Mil. MeGroup's Total Assets for the quarter that ended in Sep. 2023 was S$49.1 Mil. Therefore, MeGroup's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.28.

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

SGX:SJY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28 Med: 0.42 Max: 0.52
Current: 0.28

During the past 8 years, the highest Equity to Asset Ratio of MeGroup was 0.52. The lowest was 0.28. And the median was 0.42.

SGX:SJY's Equity-to-Asset is ranked worse than
79.73% of 1312 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs SGX:SJY: 0.28

MeGroup Equity-to-Asset Historical Data

The historical data trend for MeGroup'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.

MeGroup Equity-to-Asset Chart

MeGroup Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.46

0.41

0.40

0.30

0.28

MeGroup Semi-Annual Data
	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial										0.32	0.30	0.31	0.28	0.28

Competitive Comparison of MeGroup's Equity-to-Asset

For the Auto & Truck Dealerships subindustry, MeGroup'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.

MeGroup's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MeGroup's Equity-to-Asset distribution charts can be found below:

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

MeGroup 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.

MeGroup's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	12.967	/	46.134
	=	0.28

MeGroup's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	13.506	/	49.072
	=	0.28

MeGroup (SGX:SJY) 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%.

MeGroup Equity-to-Asset Related Terms

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

MeGroup (SGX:SJY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MeGroup Ltd (SGX:SJY) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

133 Cecil Street, No. 14-01 Keck Seng Tower, Singapore, SGP, 069535

Website

https://www.me-grp.com

MeGroup Ltd is an automotive company. The company is involved in the manufacturing of noise, vibration, and harshness (NVH) and non-NVH components for the automotive industry. The business activities of the group function through the manufacturing business and dealership business segments where the manufacturing business segment specializes in manufacturing NVH components such as headliners and engine outers which are incorporated into various parts of automobiles, including the ceiling, dashboard, hood, and boot, as well as non-NVH components such as parcel trays and board assembly decks and the dealership business derives the majority of revenue which comprises several 3S and 4S automobile dealerships for the sale of new automobiles.

MeGroup (SGX:SJY) Headlines

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