Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Matson's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,401 Mil. Matson's Total Assets for the quarter that ended in Dec. 2023 was $4,295 Mil.
Therefore, Matson's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.56.
The historical rank and industry rank for Matson's Equity-to-Asset or its related term are showing as below:
MATX'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25 Med: 0.31 Max: 0.56
Current: 0.56
During the past 13 years, the highest Equity to Asset Ratio of Matson was 0.56. The lowest was 0.25. And the median was 0.31.
MATX's Equity-to-Asset is ranked better than 62.04% of 980
companies
in the Transportation industry
Industry Median: 0.49
vs MATX: 0.56
Matson Equity-to-Asset Historical Data
The historical data trend for Matson'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 Matson's Equity-to-Asset
For the Marine Shipping subindustry, Matson'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.
Matson's Equity-to-Asset Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Matson's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Matson's Equity-to-Asset falls into.
Matson 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.
Matson'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.
Matson (NYSE:MATX) 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%.
Matson Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Matson's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Matson Inc is engaged in providing ocean transportation and logistics services. The business segments of the company are ocean transportation which provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, California, Okinawa, and different islands in the South Pacific, and logistics which offers long haul and regional highway trucking services, warehousing and distribution services, supply chain management, and freight forwarding services. The firm generates the majority of its revenue from ocean transportation.
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