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TOR Minerals International (TOR Minerals International) Equity-to-Asset : 0.79 (As of Dec. 2017)


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What is TOR Minerals International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TOR Minerals International's Total Stockholders Equity for the quarter that ended in Dec. 2017 was $28.85 Mil. TOR Minerals International's Total Assets for the quarter that ended in Dec. 2017 was $36.33 Mil. Therefore, TOR Minerals International's Equity to Asset Ratio for the quarter that ended in Dec. 2017 was 0.79.

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

TORM's Equity-to-Asset is not ranked *
in the Chemicals industry.
Industry Median: 0.59
* Ranked among companies with meaningful Equity-to-Asset only.

TOR Minerals International Equity-to-Asset Historical Data

The historical data trend for TOR Minerals International'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.

TOR Minerals International Equity-to-Asset Chart

TOR Minerals International Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.75 0.73 0.79 0.79

TOR Minerals International Semi-Annual Data
Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.73 0.75 0.73 0.79 0.79

Competitive Comparison of TOR Minerals International's Equity-to-Asset

For the Specialty Chemicals subindustry, TOR Minerals International'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.


TOR Minerals International's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, TOR Minerals International's Equity-to-Asset distribution charts can be found below:

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



TOR Minerals International 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.

TOR Minerals International's Equity to Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Equity to Asset (A: Dec. 2017 )=Total Stockholders Equity/Total Assets
=28.852/36.329
=0.79

TOR Minerals International's Equity to Asset Ratio for the quarter that ended in Dec. 2017 is calculated as

Equity to Asset (Q: Dec. 2017 )=Total Stockholders Equity/Total Assets
=28.852/36.329
=0.79

* 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.


TOR Minerals International  (OTCPK:TORM) 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%.


TOR Minerals International Equity-to-Asset Related Terms

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


TOR Minerals International (TOR Minerals International) Business Description

Traded in Other Exchanges
N/A
Address
615 N Upper Broadway, Suite 410, Corpus Christi, TX, USA, 78401
TOR Minerals International Inc is engaged in the manufacture and sale of mineral products for use as pigments and extenders, majorly in the manufacture of paints, industrial coatings plastics, and solid surface applications. It has a business presence in the U.S., Pacific Rim; Canada, Mexico and South/Central America; Europe, Africa and the Middle East countries. Some of its products are Aluprem, Hitox and Tioprem, BARTEX and Haltex, among others.
Executives
Steven E Paulson director 722 BURLESON STREET, CORPUS CHRISTI TX 78402
Mark A Graber 10 percent owner 2220 NORTHSTAR STREET, NUMBER 17, ANCHORAGE AK 99503

TOR Minerals International (TOR Minerals International) Headlines