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AK Steel Holding (AK Steel Holding) Equity-to-Asset : 0.03 (As of Dec. 2019)


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What is AK Steel Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AK Steel Holding's Total Stockholders Equity for the quarter that ended in Dec. 2019 was $152 Mil. AK Steel Holding's Total Assets for the quarter that ended in Dec. 2019 was $4,591 Mil. Therefore, AK Steel Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2019 was 0.03.

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

AKS's Equity-to-Asset is not ranked *
in the Steel industry.
Industry Median: 0.53
* Ranked among companies with meaningful Equity-to-Asset only.

AK Steel Holding Equity-to-Asset Historical Data

The historical data trend for AK Steel Holding'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.

AK Steel Holding Equity-to-Asset Chart

AK Steel Holding Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.24 -0.07 -0.01 0.02 0.03

AK Steel Holding Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 0.02 0.02 0.03 0.03 0.03

Competitive Comparison of AK Steel Holding's Equity-to-Asset

For the Steel subindustry, AK Steel Holding'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.


AK Steel Holding's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, AK Steel Holding's Equity-to-Asset distribution charts can be found below:

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



AK Steel Holding 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.

AK Steel Holding's Equity to Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Equity to Asset (A: Dec. 2019 )=Total Stockholders Equity/Total Assets
=151.5/4590.6
=0.03

AK Steel Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2019 is calculated as

Equity to Asset (Q: Dec. 2019 )=Total Stockholders Equity/Total Assets
=151.5/4590.6
=0.03

* 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.


AK Steel Holding  (NYSE:AKS) 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%.


AK Steel Holding Equity-to-Asset Related Terms

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


AK Steel Holding (AK Steel Holding) Business Description

Traded in Other Exchanges
N/A
Address
9227 Centre Pointe Drive, West Chester, OH, USA, 45069
AK Steel's operations consist of steelmaking and finishing plants in Indiana, Kentucky, Michigan, Ohio, and Pennsylvania, in the United States. The company manufactures flat-rolled, carbon, electrical, and stainless steel, as well as tubular products for the automotive, construction, appliance, and machinery end markets.
Executives
Dennis C Cuneo director 9227 CENTRE POINTE DRIVE, WEST CHESTER OH 45069
Sheri H. Edison director 1069 STATE ROUTE 46 EAST, BATESVILLE IN 47006
Gregory B Kenny director 4 TESSENEER DR, HIGHLAND HEIGHTS KY 41076
Roger K Newport director, officer: Chief Executive Officer 703 CURTIS STREET, MIDDLETOWN OH 45043
Arlene M Yocum director 99 PINE STREET, ALBANY NY 12207
Michael Ralph S Iii director, other: Chairman of the Board
Dwayne Andree Wilson director 6700 LAS COLINAS BOULEVARD, IRVING TX 75039
William K Gerber director 999 WEST BIG BEAVER ROAD, TROY MI 48084
Jaime Vasquez officer: VP Finance and CFO 9227 CENTRE POINTE DRIVE, WEST CHESTER OH 45069
Robert H Jenkins director PO BOX 7003, ROCKFORD IL 61125-7003
John S Brinzo director 1100 SUPERIOR AVE, CLEVELAND OH 44114
Richard A Abdoo director N93 W14475 WHITTAKER WAY, MENOMONEE FALLS WI 53051
James L Wainscott director, other: Chairman of the Board C/O AK STEEL HOLDING CORP, 9227 CENTRE POINTE DRIVE, WEST CHESTER OH 45069
Shirley D Peterson director C/O AK STEEL HOLDING CORP., 9227 CENTRE POINTE DRIVE, WEST CHESTER OH 45069
Bonnie Guiton Hill director 1721 FIRST STREET, SAN JOSE CA 95112