TravelCenters Of America (TravelCenters Of America) Equity-to-Asset : 0.24 (As of Mar. 2023)

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What is TravelCenters Of America Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TravelCenters Of America's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $868 Mil. TravelCenters Of America's Total Assets for the quarter that ended in Mar. 2023 was $3,577 Mil. Therefore, TravelCenters Of America's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.24.

The historical rank and industry rank for TravelCenters Of America's Equity-to-Asset or its related term are showing as below:

TA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04 Med: 0.31 Max: 0.47
Current: 0.24

During the past 13 years, the highest Equity to Asset Ratio of TravelCenters Of America was 0.47. The lowest was 0.04. And the median was 0.31.

TA's Equity-to-Asset is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.44 vs TA: 0.24

TravelCenters Of America Equity-to-Asset Historical Data

The historical data trend for TravelCenters Of America'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.

TravelCenters Of America Equity-to-Asset Chart

TravelCenters Of America Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

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0.31

0.18

0.19

0.20

0.24

TravelCenters Of America Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Equity-to-Asset	Get a 7-Day Free Trial															0.20	0.21	0.22	0.24	0.24

Competitive Comparison of TravelCenters Of America's Equity-to-Asset

For the Specialty Retail subindustry, TravelCenters Of America'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.

TravelCenters Of America's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, TravelCenters Of America's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where TravelCenters Of America's Equity-to-Asset falls into.

TravelCenters Of America 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.

TravelCenters Of America's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	873.206	/	3652.907
	=	0.24

TravelCenters Of America's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	868.491	/	3577.186
	=	0.24

TravelCenters Of America (NAS:TA) 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%.

TravelCenters Of America Equity-to-Asset Related Terms

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

TravelCenters Of America (TravelCenters Of America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » TravelCenters Of America Inc (NAS:TA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

24601 Center Ridge Road, Suite 200, Westlake, OH, USA, 44145-5639

Website

https://www.ta-petro.com

TravelCenters Of America Inc is a United states based company which operates travel centers and standalone restaurants. It operated or franchised several travel centers, few standalone truck service facilities, and some standalone restaurants. The company's customers include trucking fleets and their drivers, independent truck drivers, highway and local motorists and casual diners. It generates revenue from fuel operations, non-fuel operations, rents, royalties and other fees from tenants and franchisees.

Executives

Michael J. Barton	officer: SVP and CAO	C/O TRAVELCENTERS OF AMERICA INC., 24601 CENTER RIDGE ROAD, WESTLAKE OH 44145
Mark R Young	officer: EVP & General Counsel	C/O REIT MANAGEMENT AND RESEARCH LLC, 400 CENTRE STREET, NEWTON MA 02458
Barry A. Richards	officer: Executive Vice President	C/O REIT MANAGEMENT & RESEARCH LLC, 400 CENTRE STREET, NEWTON MA 02458
Peter J Crage	officer: Exec. VP, CFO and Treasurer	ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Adam D. Portnoy	director	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Elena Poptodorova	director	TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Jonathan Pertchik	director, officer: Chief Executive Officer	C/O TRAVELCENTERS OF AMERICA INC., 24601 CENTER RIDGE ROAD, WESTLAKE OH 44145
Rajan Penkar	director	C/O TRAVELCENTERS OF AMERICA INC., 24601 CENTER RIDGE ROAD, WESTLAKE OH 44145
Barbara D Gilmore	director	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Joseph Morea	director	C/O REIT MANAGEMENT & RESEARCH LLC, TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458
Andrew J Rebholz	officer: EVP, CFO & Treasurer	C/O TRAVELCENTERS OF AMERICA LLC, 400 CENTRE STREET, NEWTON MA 02458
William Earnest Myers	officer: Chief Accounting Officer	C/O REIT MANAGEMENT & RESEARCH LLC, TWO NEWTON PLACE, 255 WASHINGTON ST, NEWTON MA 02458
Rodney Paul Bresnahan	officer: Executive Vice President	C/O THE RMR GROUP LLC, TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458
Mcgary John T. Jr.	officer: Executive Vice President	24601 CENTER RIDGE ROAD, WESTLAKE OH 44145
Michael J Lombardi	officer: EVP of Sales	C/O TRAVELCENTERS OF AMERICA LLC, 400 CENTRE STREET, NEWTON MA 02458