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Mauritius Secondary Industries (XMAU:MSIL.I0000) Equity-to-Asset : 0.93 (As of Dec. 2023)


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What is Mauritius Secondary Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mauritius Secondary Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was MUR84.47 Mil. Mauritius Secondary Industries's Total Assets for the quarter that ended in Dec. 2023 was MUR90.78 Mil. Therefore, Mauritius Secondary Industries's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.93.

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

XMAU:MSIL.I0000' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.83   Med: 0.93   Max: 0.97
Current: 0.93

During the past 4 years, the highest Equity to Asset Ratio of Mauritius Secondary Industries was 0.97. The lowest was 0.83. And the median was 0.93.

XMAU:MSIL.I0000's Equity-to-Asset is not ranked
in the Real Estate industry.
Industry Median: 0.44 vs XMAU:MSIL.I0000: 0.93

Mauritius Secondary Industries Equity-to-Asset Historical Data

The historical data trend for Mauritius Secondary 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.

Mauritius Secondary Industries Equity-to-Asset Chart

Mauritius Secondary Industries Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
0.93 0.83 0.91 0.92

Mauritius Secondary Industries Quarterly Data
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 0.97 0.96 0.92 0.93 0.93

Competitive Comparison of Mauritius Secondary Industries's Equity-to-Asset

For the Real Estate Services subindustry, Mauritius Secondary 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.


Mauritius Secondary Industries's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mauritius Secondary Industries's Equity-to-Asset distribution charts can be found below:

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



Mauritius Secondary 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.

Mauritius Secondary 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
=81.974/89.115
=0.92

Mauritius Secondary Industries'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
=84.474/90.782
=0.93

* 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.


Mauritius Secondary Industries  (XMAU:MSIL.I0000) 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%.


Mauritius Secondary Industries Equity-to-Asset Related Terms

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


Mauritius Secondary Industries (XMAU:MSIL.I0000) Business Description

Traded in Other Exchanges
N/A
Address
C/O United Bus Service Ltd., Les Cassis, Port Louis, MUS
Mauritius Secondary Industries Ltd is engaged in the retreading of motor vehichle tyres and rental of commercial building. The Company is only engaged in property rental activity locally.

Mauritius Secondary Industries (XMAU:MSIL.I0000) Headlines

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