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Andersons (Andersons) Equity-to-Asset

: 0.33 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Andersons's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,283 Mil. Andersons's Total Assets for the quarter that ended in Dec. 2023 was $3,855 Mil. Therefore, Andersons's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.33.

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

ANDE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.33   Max: 0.38
Current: 0.33

During the past 13 years, the highest Equity to Asset Ratio of Andersons was 0.38. The lowest was 0.23. And the median was 0.33.

ANDE's Equity-to-Asset is ranked worse than
60.19% of 314 companies
in the Retail - Defensive industry
Industry Median: 0.39 vs ANDE: 0.33

Andersons Equity-to-Asset Historical Data

The historical data trend for Andersons'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.

Andersons Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.23 0.24 0.26 0.33

Andersons 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 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 Premium Member Only Premium Member Only Premium Member Only 0.26 0.29 0.35 0.35 0.33

Competitive Comparison

For the Food Distribution subindustry, Andersons'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.


Andersons Equity-to-Asset Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Andersons's Equity-to-Asset distribution charts can be found below:

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



Andersons 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.

Andersons'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
=1282.899/3855.007
=0.33

Andersons'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
=1282.899/3855.007
=0.33

* 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.


Andersons  (NAS:ANDE) 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%.


Andersons Equity-to-Asset Related Terms

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


Andersons (Andersons) Business Description

Traded in Other Exchanges
Address
1947 Briarfield Boulevard, PO Box 119, Maumee, OH, USA, 43537
Andersons Inc is an agriculture company that conducts business in North America. Its operations are segmented into trade, ethanol, plant nutrient, and rail. The trade group operates grain elevators and generates income through buying and selling grains, fuel, and space leasing. The trade group contributes over half the company's revenue. The ethanol segment buys and sells corn oil and ethanol, offers facility operations, and invests in ethanol plants. The plant nutrient group manufactures, distributes, and sells fertilizer and plant nutrients. The company's rail segment leases, repairs, and sells railway facilities.
Executives
Patrick E. Bowe director, officer: President & CEO P O BOX 119, MAUMEE OH 43537
Michael J Anderson director C/O INTERSTATE BAKERIES CORP, 12 EAST ARMOUR BLVD, KANSAS CITY MO 64111
Brian K. Walz officer: VP-Treasurer P.O. BOX 119, MAUMEE OH 43537
William E. Krueger officer: President, ATG Comm. & Merch. P.O. BOX 119, MAUMEE OH 43537
Sarah Zibbel officer: EVP & Chief HR Officer P.O. BOX 119, MAUMEE OH 43537
Anne G Rex officer: VP, Strategy, Planning and Dev PO BOX 119, MAUMEE OH 43537
Steven K. Campbell director P.O. BOX 119, MAUMEE OH 43537
Gary A. Douglas director P.O. BOX 119, MAUMEE OH 43537
King Robert J Jr director FIFTH THIRD BANCORP, 38 FOUNTAIN SQ PLZ, CINCINNATI OH 45263
Pamela S Hershberger director P.O. BOX 119, MAUMEE OH 43537
Patrick S. Mullin director 1500 KEY TOWER, 127 PUBLIC SQUARE, CLEVELAND OH 44114
Ross W Manire director 150 CARLTON AVENUE, GLEN ELLYN IL 20137
Gerard M Anderson director ONE ENERGY PLAZA, LEGAL DEPARTMENT, DETROIT MI 48226
Catherine M Kilbane director
Michael T. Hoelter officer: Corporate Controller P.O. BOX 119, MAUMEE OH 43537