Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Columbus McKinnon's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $878 Mil. Columbus McKinnon's Total Assets for the quarter that ended in Dec. 2023 was $1,857 Mil.
Therefore, Columbus McKinnon's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.47.
The historical rank and industry rank for Columbus McKinnon's Equity-to-Asset or its related term are showing as below:
CMCO'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31 Med: 0.43 Max: 0.52
Current: 0.47
During the past 13 years, the highest Equity to Asset Ratio of Columbus McKinnon was 0.52. The lowest was 0.31. And the median was 0.43.
CMCO's Equity-to-Asset is ranked better than 52.15% of 209
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.47
vs CMCO: 0.47
Columbus McKinnon Equity-to-Asset Historical Data
The historical data trend for Columbus McKinnon'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.
For the Farm & Heavy Construction Machinery subindustry, Columbus McKinnon'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.
Columbus McKinnon Equity-to-Asset Distribution
For the Farm & Heavy Construction Machinery industry and Industrials sector, Columbus McKinnon's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Columbus McKinnon's Equity-to-Asset falls into.
Columbus McKinnon 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.
Columbus McKinnon's Equity to Asset Ratio for the fiscal year that ended in Mar. 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%.
Columbus McKinnon Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Columbus McKinnon's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Columbus McKinnon (Columbus McKinnon) Business Description
Columbus McKinnon Corp is a designer, manufacturer and marketer of intelligent motion solutions, including motion control products, technologies, automated systems and services, that efficiently and ergonomically move, lift, position and secure materials. Its key products include hoists, crane components, precision conveyors, actuators, rigging tools, light rail workstations, and digital power and motion control systems. The company's targeted market verticals include general industries, mobile industries, energy and utilities, process industries, industrial automation, construction and infrastructure, food processing, entertainment, life sciences, consumer packaged goods and e-commerce/supply chain/warehousing.
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