Dole (DOLE) Equity-to-Asset : 0.27 (As of Dec. 2023)

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What is Dole Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dole's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,250 Mil. Dole's Total Assets for the quarter that ended in Dec. 2023 was $4,561 Mil. Therefore, Dole's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.27.

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

DOLE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23 Med: 0.27 Max: 0.28
Current: 0.27

During the past 6 years, the highest Equity to Asset Ratio of Dole was 0.28. The lowest was 0.23. And the median was 0.27.

DOLE's Equity-to-Asset is ranked worse than
83.62% of 1917 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs DOLE: 0.27

Dole Equity-to-Asset Historical Data

The historical data trend for Dole'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.

Dole Equity-to-Asset Chart

Dole Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.28

0.23

0.25

0.27

Dole Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial												0.25	0.25	0.26	0.27	0.27

Competitive Comparison of Dole's Equity-to-Asset

For the Farm Products subindustry, Dole'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.

Dole's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

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

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

Dole 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.

Dole'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
	=	1249.52	/	4561.193
	=	0.27

Dole'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
	=	1249.52	/	4561.193
	=	0.27

Dole (NYSE:DOLE) 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%.

Dole Equity-to-Asset Related Terms

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

Dole (DOLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dole PLC (NYSE:DOLE) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

4CB:Germany

Address

29 North Anne Street, Dublin, IRL, D07 PH36

Website

https://www.doleplc.com

Dole PLC through its subsidiaries operates in the North American and European markets for fresh fruits and vegetables. The company's segment includes Fresh Fruit; Diversified Fresh Produce - EMEA; Diversified Fresh Produce - Americas and ROW and Fresh Vegetables. It generates maximum revenue from the Diversified Fresh Produce - EMEA segment. Diversified Fresh Produce - EMEA segment includes Dole's Irish, Dutch, Spanish, Portuguese, French, Italian, U.K., Swedish, Danish, South African, Eastern European, and Brazilian businesses, the majority of which sell a variety of imported and local fresh fruits and vegetables through retail, wholesale and, in some instances, food service channels across the European marketplace.