Equity to Asset ratio is calculated as total stockholders equity divided by total asset. United States Lime & Minerals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $393.1 Mil. United States Lime & Minerals's Total Assets for the quarter that ended in Dec. 2023 was $440.6 Mil.
Therefore, United States Lime & Minerals's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.89.
The historical rank and industry rank for United States Lime & Minerals's Equity-to-Asset or its related term are showing as below:
USLM'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.77 Med: 0.88 Max: 0.91
Current: 0.89
During the past 13 years, the highest Equity to Asset Ratio of United States Lime & Minerals was 0.91. The lowest was 0.77. And the median was 0.88.
USLM's Equity-to-Asset is ranked better than 95.37% of 389
companies
in the Building Materials industry
Industry Median: 0.53
vs USLM: 0.89
United States Lime & Minerals Equity-to-Asset Historical Data
The historical data trend for United States Lime & Minerals'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.
United States Lime & Minerals Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Equity-to-Asset
0.88
0.87
0.88
0.87
0.89
United States Lime & Minerals 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
0.87
0.87
0.89
0.89
0.89
Competitive Comparison
For the Building Materials subindustry, United States Lime & Minerals'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.
United States Lime & Minerals Equity-to-Asset Distribution
For the Building Materials industry and Basic Materials sector, United States Lime & Minerals's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where United States Lime & Minerals's Equity-to-Asset falls into.
United States Lime & Minerals 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.
United States Lime & Minerals'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.
United States Lime & Minerals (NAS:USLM) 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%.
United States Lime & Minerals Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of United States Lime & Minerals's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
United States Lime & Minerals (United States Lime & Minerals) Business Description
United States Lime & Minerals Inc is engaged in the business of manufacturing lime and limestone products including PLS, quicklime, hydrated lime, and lime slurry. It supplies primarily to the construction (including highway, road, and building contractors), industrial (including paper and glass manufacturers), environmental (including municipal sanitation and water treatment facilities and flue gas treatment processes), metals (including steel producers), oil and gas services, roof shingle manufacturers and agriculture (including poultry and cattle feed producers) industries. The company operates lime and limestone plants and distribution facilities in Arkansas, Colorado, Louisiana, Missouri, Oklahoma, and Texas.
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