Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Olin's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,232 Mil. Olin's Total Assets for the quarter that ended in Dec. 2023 was $7,713 Mil.
Therefore, Olin's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.29.
The historical rank and industry rank for Olin's Equity-to-Asset or its related term are showing as below:
OLN'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18 Med: 0.29 Max: 0.38
Current: 0.29
During the past 13 years, the highest Equity to Asset Ratio of Olin was 0.38. The lowest was 0.18. And the median was 0.29.
OLN's Equity-to-Asset is ranked worse than 89.95% of 1572
companies
in the Chemicals industry
Industry Median: 0.59
vs OLN: 0.29
Olin Equity-to-Asset Historical Data
The historical data trend for Olin'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.
For the Specialty Chemicals subindustry, Olin'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.
Olin's Equity-to-Asset Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Olin's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Olin's Equity-to-Asset falls into.
Olin 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.
Olin'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.
Olin (NYSE:OLN) 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%.
Olin Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Olin's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Olin Corp manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on the product type. The Chlor alkali products and Vinyls segment, which generates the majority of revenue, sells chlorine and caustic soda, which are used in a variety of industries including cosmetics, textiles, crop protection, and fire protection products. The Epoxy segment sells epoxy resins used in paints and coatings. The Winchester segment sells sporting ammunition and ammunition accessories under the Winchester brand. The majority of revenue comes from the United States.
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