Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Compx International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $168.8 Mil. Compx International's Total Assets for the quarter that ended in Dec. 2023 was $187.6 Mil.
Therefore, Compx International's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.90.
The historical rank and industry rank for Compx International's Equity-to-Asset or its related term are showing as below:
CIX'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.86 Med: 0.9 Max: 0.91
Current: 0.9
During the past 13 years, the highest Equity to Asset Ratio of Compx International was 0.91. The lowest was 0.86. And the median was 0.90.
CIX's Equity-to-Asset is ranked better than 95.69% of 1091
companies
in the Business Services industry
Industry Median: 0.49
vs CIX: 0.90
Compx International Equity-to-Asset Historical Data
The historical data trend for Compx International'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.
For the Security & Protection Services subindustry, Compx International'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.
Compx International Equity-to-Asset Distribution
For the Business Services industry and Industrials sector, Compx International's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Compx International's Equity-to-Asset falls into.
Compx International 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.
Compx International's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Compx International (AMEX:CIX) 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%.
Compx International Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Compx International's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Compx International (Compx International) Business Description
Compx International Inc is a manufacturer of security products. Its security products are primarily used in recreational transportation, postal, office & institutional furniture, cabinetry, tool storage, healthcare, and a variety of other industries. Also, it is engaged in the manufacturing of stainless steel exhaust systems, gauges, throttle controls, and trim tabs for the recreational marine industry. The company's operating segment includes Security Products and Marine Components. The company generates maximum revenue from the Security Products segment, which manufactures mechanical and electrical cabinet locks and other locking mechanisms. Its geographical segments are the United States, Canada, Mexico, and others, of which the United States accounts for the vast majority of revenue.
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