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Rocky Brands (Rocky Brands) Equity-to-Asset : 0.47 (As of Dec. 2023)


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What is Rocky Brands Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rocky Brands's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $223.6 Mil. Rocky Brands's Total Assets for the quarter that ended in Dec. 2023 was $479.4 Mil. Therefore, Rocky Brands's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.47.

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

RCKY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.74   Max: 0.82
Current: 0.47

During the past 13 years, the highest Equity to Asset Ratio of Rocky Brands was 0.82. The lowest was 0.32. And the median was 0.74.

RCKY's Equity-to-Asset is ranked worse than
57.09% of 1086 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs RCKY: 0.47

Rocky Brands Equity-to-Asset Historical Data

The historical data trend for Rocky Brands'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.

Rocky Brands Equity-to-Asset Chart

Rocky Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.78 0.32 0.37 0.47

Rocky Brands 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 0.37 0.40 0.39 0.41 0.47

Competitive Comparison of Rocky Brands's Equity-to-Asset

For the Footwear & Accessories subindustry, Rocky Brands'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.


Rocky Brands's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Rocky Brands's Equity-to-Asset distribution charts can be found below:

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



Rocky Brands 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.

Rocky Brands'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
=223.555/479.385
=0.47

Rocky Brands'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
=223.555/479.385
=0.47

* 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.


Rocky Brands  (NAS:RCKY) 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%.


Rocky Brands Equity-to-Asset Related Terms

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


Rocky Brands (Rocky Brands) Business Description

Traded in Other Exchanges
Address
39 East Canal Street, Nelsonville, OH, USA, 45764
Rocky Brands Inc acts as a designer, manufacturer, and marketer of premium-quality footwear and apparel. The company's family of brands includes Rocky, Georgia Boot, Durango, Lehigh, Creative Recreation, and the licensed brand Michelin footwear. The company operates its business through three business segments: Wholesale, Retail and Contract. It generates majority of the revenue from Wholesale segment.
Executives
Mike Brooks director, officer: Chairman, President and CEO 39 E CANAL ST, NELSONVILLE OH 45764
Curtis A Loveland director, officer: Secretary PORTER WRIGHT MORRIS & ARTHUR, 41 SOUTH HIGH STREET, COLUMBUS OH 43215
Moore Robert Burton Jr. director 39 E. CANAL ST., NELSONVILLE OH 45764
Haning G Courtney director 110 N. MAIN ST., NEW LEXINGTON OH 43764
Michael L Finn director 2555 INTERNATIONAL STREET, COLUMBUS OH 43221
Dwight Eric Smith director 518 EAST BROAD STREET, COLUMBUS OH 43215
Sarah E O'connor officer: SVP, CFO and Treasurer 39 EAST CANAL STREET, NELSONVILLE OH 45764
Jason Brooks officer: President-US Wholesale Sales 39 E. CANAL ST., NELSONVILLE OH 45764
Thomas D. Robertson officer: Chief Financial Officer 39 E. CANAL ST., NELSONVILLE OH 45764
James L Stewart director 39 EAST CANAL ST, NELSONVILLE OH 45764
Robyn R. Hahn director 39 E. CANAL ST., NELSONVILLE OH 45764
William L Jordan director 810 DSW DRIVE, COLUMBUS OH 43219
Byron Wortham officer: Pres CoreBrndSalesMktg&ProdDev 39 E. CANAL ST., NELSONVILLE OH 45764
Tracie A. Winbigler director 39 E. CANAL ST., NELSONVILLE OH 45764
Richard Simms officer: President-Retail Sales 39 E. CANAL ST., NELSONVILLE OH 45764

Rocky Brands (Rocky Brands) Headlines

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Rocky Brands, Inc. to Report First Quarter 2022 Results on May 3, 2022

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