Consolidated Communications Holdings (Consolidated Communications Holdings) Equity-to-Asset

: 0.21 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Consolidated Communications Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $771 Mil. Consolidated Communications Holdings's Total Assets for the quarter that ended in Dec. 2023 was $3,628 Mil. Therefore, Consolidated Communications Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.21.

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

CNSL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08 Med: 0.13 Max: 0.27
Current: 0.21

During the past 13 years, the highest Equity to Asset Ratio of Consolidated Communications Holdings was 0.27. The lowest was 0.08. And the median was 0.13.

CNSL's Equity-to-Asset is ranked worse than
78.93% of 394 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs CNSL: 0.21

Consolidated Communications Holdings Equity-to-Asset Historical Data

The historical data trend for Consolidated Communications Holdings'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.

Consolidated Communications Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.10

0.11

0.22

0.27

0.21

Consolidated Communications Holdings 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	Take a 7-Day Free Trial															0.27	0.26	0.24	0.23	0.21

Competitive Comparison

For the Telecom Services subindustry, Consolidated Communications Holdings'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.

Consolidated Communications Holdings Equity-to-Asset Distribution

For the Telecommunication Services industry and Communication Services sector, Consolidated Communications Holdings's Equity-to-Asset distribution charts can be found below:

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

Consolidated Communications Holdings 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.

Consolidated Communications Holdings'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
	=	771.257	/	3628.426
	=	0.21

Consolidated Communications Holdings'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
	=	771.257	/	3628.426
	=	0.21

Consolidated Communications Holdings (NAS:CNSL) 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%.

Consolidated Communications Holdings Equity-to-Asset Related Terms

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Consolidated Communications Holdings (Consolidated Communications Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Consolidated Communications Holdings Inc (NAS:CNSL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2116 South 17th Street, Mattoon, IL, USA, 61938-5973

Website

https://www.consolidated.com

Consolidated Communications Holdings Inc provides communication services for business and residential customers across various states in the U.S. Its business product suite includes data and Internet solutions, voice, data center services, security services, managed and IT services, and an expanded suite of cloud services. It provides wholesale solutions to wireless and wireline carriers and other service providers including data, voice, network connections, and custom fiber builds and last-mile connections. It offers residential high-speed Internet, video, phone, and home security services as well as multi-service residential and small business bundles.

Executives

Fred Graffam	officer: Chief Financial Officer	1990 WITTINGTON PLACE, FARMERS BRANCH TX 75234
Solis Michel Marissa	director	7221 LANGMUIR DRIVE, MCKINNEY TX 75071
Steven L Childers	officer: Chief Financial Officer	CONSOLIDATED COMMUNICATIONS, 121 SOUTH 17TH STREET, MATTOON IL 61938-3987
Andrew Frey	director	10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211
Searchlight Iii Cvl Gp, Llc	10 percent owner	C/O SEARCHLIGHT CAPITAL PARTNERS, L.P., 745 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10151
Searchlight Iii Cvl, L.p.	10 percent owner	C/O SEARCHLIGHT CAPITAL PARTNERS, L.P., 745 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10151
Robert J Currey	director
Maribeth S Rahe	director	255 E FIFTH STREET, CINCINNATI OH 45202
David G Fuller	director	240 WATSON AVE, OAKVILLE A6 L6J 3V1
Udell C Robert Jr	director, officer: President and CEO	CONSOLIDATED COMMUNICATIONS, 121 SOUTH 17TH STREET, MATTOON IL 61938-3987
Moore Roger H/ca	director	12061 BLUEMONT WAY, ATTN: GENERAL COUNSEL, RESTON VA 20190
Thomas A Gerke	director	GERKE THOMAS A, OVERLAND PARK KS 66251
Timothy D Taron	director	P.O. BOX 969, ROSEVILLE CA 95661
Dale E Parker	director	93 HOYLAKE, ROCKY MOUNT NC 27804
Richard Anthony Lumpkin	director	121 SOUTH 17TH STREET, MATTOON IL 61938