Equity to Asset ratio is calculated as total stockholders equity divided by total asset. L.B. Foster Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $142.1 Mil. L.B. Foster Co's Total Assets for the quarter that ended in Dec. 2023 was $313.2 Mil.
Therefore, L.B. Foster Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.45.
The historical rank and industry rank for L.B. Foster Co's Equity-to-Asset or its related term are showing as below:
FSTR'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32 Med: 0.44 Max: 0.68
Current: 0.45
During the past 13 years, the highest Equity to Asset Ratio of L.B. Foster Co was 0.68. The lowest was 0.32. And the median was 0.44.
FSTR's Equity-to-Asset is ranked worse than 55.46% of 979
companies
in the Transportation industry
Industry Median: 0.49
vs FSTR: 0.45
L.B. Foster Co Equity-to-Asset Historical Data
The historical data trend for L.B. Foster Co'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 L.B. Foster Co's Equity-to-Asset
For the Railroads subindustry, L.B. Foster Co'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.
L.B. Foster Co's Equity-to-Asset Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, L.B. Foster Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where L.B. Foster Co's Equity-to-Asset falls into.
L.B. Foster Co 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.
L.B. Foster Co'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.
L.B. Foster Co (NAS:FSTR) 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%.
L.B. Foster Co Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of L.B. Foster Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
L.B. Foster Co (L.B. Foster Co) Business Description
L.B. Foster Co is a US-based firm engaged in the manufacturing, fabrication, and distribution of products and services, especially for the rail, construction, energy, and utility industry. The company operates its business through three segments: Rail Technologies and Services; Precast Concrete Products and Steel Products and Measurement. Its principal business activity involves providing new and used rail, trackwork, and accessories, producing concrete railroad ties, insulated rail joints, power rail, track fasteners, coverboards, and sales of sells and rents steel sheet piling, H-bearing pile, and other piling products for foundation and earth retention requirements. It generates the majority of its revenues from the Rail Products and Services segment.
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