Switch to:
Buckeye Technologies, Inc. (NYSE:BKI)
Equity to Asset Ratio
0.75 (As of Mar. 2013)

Equity to Asset ratio is calculated as shareholders tangible equity divided by its total asset. Buckeye Technologies, Inc.'s total equity for the quarter that ended in Mar. 2013 was \$663.8 Mil. Buckeye Technologies, Inc.'s total assets for the quarter that ended in Mar. 2013 was \$884.4 Mil. Therefore, Buckeye Technologies, Inc.'s Equity to Asset Ratio for the quarter that ended in Mar. 2013 was 0.75.

Definition

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 shareholders tangible equity divided by its total asset.

Buckeye Technologies, Inc.'s Equity to Asset Ratio for the fiscal year that ended in Jun. 2012 is calculated as

 Equity to Asset (A: Jun. 2012 ) = Total Equity / Total Assets = 603.036 / 837.411 = 0.72

Buckeye Technologies, Inc.'s Equity to Asset Ratio for the quarter that ended in Mar. 2013 is calculated as

 Equity to Asset (Q: Mar. 2013 ) = Total Equity / Total Assets = 663.84 / 884.364 = 0.75

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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 Return on Equity 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%.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Buckeye Technologies, Inc. Annual Data

 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 equity2asset 0.24 0.24 0.28 0.31 0.37 0.43 0.40 0.51 0.67 0.72

Buckeye Technologies, Inc. Quarterly Data

 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 equity2asset 0.63 0.65 0.67 0.68 0.70 0.73 0.72 0.71 0.72 0.75
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)