Moderator hat on:
Gentlemen - please!
Hat off.
Be cautious about any such analysis where the sensor/frame sizes being compared have different aspect ratios.
When those aspect ratios differ, there are actually four different equivalencies:
1) short dimension of the frame;
2) long dimension of the frame;
3) diagonal of the frame; and
4) area of the frame.
So you can have four different answers, all of which are right, even though their appropriateness depends on the use being made of them.