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Core Molding Technologies (Core Molding Technologies) Equity-to-Asset : 0.65 (As of Dec. 2023)


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What is Core Molding Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Core Molding Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $139.0 Mil. Core Molding Technologies's Total Assets for the quarter that ended in Dec. 2023 was $213.4 Mil. Therefore, Core Molding Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.65.

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

CMT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.61   Max: 0.74
Current: 0.65

During the past 13 years, the highest Equity to Asset Ratio of Core Molding Technologies was 0.74. The lowest was 0.47. And the median was 0.61.

CMT's Equity-to-Asset is ranked better than
60.11% of 1572 companies
in the Chemicals industry
Industry Median: 0.59 vs CMT: 0.65

Core Molding Technologies Equity-to-Asset Historical Data

The historical data trend for Core Molding Technologies'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.

Core Molding Technologies Equity-to-Asset Chart

Core Molding Technologies 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 0.47 0.57 0.54 0.59 0.65

Core Molding Technologies 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 0.59 0.59 0.61 0.62 0.65

Competitive Comparison of Core Molding Technologies's Equity-to-Asset

For the Specialty Chemicals subindustry, Core Molding Technologies'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.


Core Molding Technologies's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Core Molding Technologies's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Core Molding Technologies's Equity-to-Asset falls into.



Core Molding Technologies 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.

Core Molding Technologies'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
=138.953/213.377
=0.65

Core Molding Technologies'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
=138.953/213.377
=0.65

* 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.


Core Molding Technologies  (AMEX:CMT) 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%.


Core Molding Technologies Equity-to-Asset Related Terms

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


Core Molding Technologies (Core Molding Technologies) Business Description

Traded in Other Exchanges
Address
800 Manor Park Drive, Columbus, OH, USA, 43228-0183
Core Molding Technologies Inc operates in the engineered materials market as one operating segment as a molder of thermoplastic and thermoset structural products. It produces and sells molded products for varied markets, including medium and heavy-duty trucks, automobiles, power sports, construction and agriculture, building products, and other industrial markets. The processes include compression molding of sheet molding compound (SMC), resin transfer molding (RTM), liquid molding of dicyclopentadiene (DCPD), spray-up and hand-lay-up, direct long-fiber thermoplastics (D-LFT) and structural foam, and structural web injection molding (SIM). It operates in Columbus, Ohio, Columbus, and Batavia, Ohio; Gaffney, South Carolina; Winona, Minnesota; Matamoros and others.
Executives
John P Zimmer officer: VP, Treasurer, Secretary & CFO 800 MANOR PARK DRIVE, COLUMBUS OH 43228
Renee R Anderson officer: EVP, Human Resources 800 MANOR PARK DR, COLUMBUS OH 43228
Eric Palomaki officer: Vice President of Operations 800 MANOR PARK DRIVE, COLUMBUS OH 43228
David L. Duvall director, officer: Chief Executive Officer 800 MANOR PARK DRIVE, COLUMBUS OH 43228
Thomas R Cellitti director 493 S KENILWORTH AVENUE, ELMHURST IL 60126
Ralph O Hellmold director
Matthew Jauchius director 800 MANOR PARK DRIVE, COLUMBUS OH 43228
James C Highfield officer: EVP, Sales and Marketing 800 MANOR PARK DRIVE, COLUMBUS OH 43228
Andrew O Smith director 800 MANOR PARK DRIVE, COLUMBUS OH 43228
James F Crowley director
Sandra Lee Kowaleski director 800 MANOR PARK DRIVE, COLUMBUS OH 43228
James L Simonton director
Robert P Price officer: Vice President of Operations 800 MANOR PARK DRIVE, COLUMBUS OH 43228
Terrence James O'donovan officer: VP, Marketing and Sales 800 MANOR PARK DRIVE, COLUMBUS OH 43228
Kevin L Barnett director, officer: President and CEO