Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CPI Aerostructures's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $22.08 Mil. CPI Aerostructures's Total Assets for the quarter that ended in Dec. 2023 was $74.36 Mil.
Therefore, CPI Aerostructures's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.30.
The historical rank and industry rank for CPI Aerostructures's Equity-to-Asset or its related term are showing as below:
CVU'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.28 Med: 0.18 Max: 0.63
Current: 0.3
During the past 13 years, the highest Equity to Asset Ratio of CPI Aerostructures was 0.63. The lowest was -0.28. And the median was 0.18.
CVU's Equity-to-Asset is ranked worse than 68.91% of 312
companies
in the Aerospace & Defense industry
Industry Median: 0.445
vs CVU: 0.30
CPI Aerostructures Equity-to-Asset Historical Data
The historical data trend for CPI Aerostructures'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.
Competitive Comparison of CPI Aerostructures's Equity-to-Asset
For the Aerospace & Defense subindustry, CPI Aerostructures'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.
CPI Aerostructures's Equity-to-Asset Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, CPI Aerostructures's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where CPI Aerostructures's Equity-to-Asset falls into.
CPI Aerostructures 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.
CPI Aerostructures'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.
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%.
CPI Aerostructures Equity-to-Asset Related Terms
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CPI Aerostructures (CPI Aerostructures) Business Description
CPI Aerostructures Inc is engaged in the manufacturing of structural aircraft parts for fixed-wing aircraft and helicopters in both the commercial and defense markets in the United States. It also provides engineering, program management, supply chain management and kitting, and Maintenance Repair and Overhaul (MRO) services. CPI also acts as a subcontractor to prime aircraft manufacturers in the production of commercial aircraft parts. CPI Aero supplies the E-2D Advanced Hawkeye surveillance aircraft, the A-10 Thunderbolt attack jet, the Gulfstream G650, the UH-60 BLACK HAWK helicopter, and the S-92 helicopter among others.
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