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CCL Industries (CCL Industries) Equity-to-Asset : 0.52 (As of Dec. 2023)


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What is CCL Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CCL Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,446 Mil. CCL Industries's Total Assets for the quarter that ended in Dec. 2023 was $6,652 Mil. Therefore, CCL Industries's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.52.

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

CCDBF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.45   Max: 0.52
Current: 0.52

During the past 13 years, the highest Equity to Asset Ratio of CCL Industries was 0.52. The lowest was 0.35. And the median was 0.45.

CCDBF's Equity-to-Asset is ranked worse than
54.24% of 389 companies
in the Packaging & Containers industry
Industry Median: 0.56 vs CCDBF: 0.52

CCL Industries Equity-to-Asset Historical Data

The historical data trend for CCL Industries'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.

CCL Industries Equity-to-Asset Chart

CCL Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.45 0.49 0.49 0.52

CCL Industries 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 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 0.49 0.51 0.52 0.51 0.52

Competitive Comparison of CCL Industries's Equity-to-Asset

For the Packaging & Containers subindustry, CCL Industries'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.


CCL Industries's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, CCL Industries's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where CCL Industries's Equity-to-Asset falls into.



CCL Industries 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.

CCL Industries's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=3446.035/6651.908
=0.52

CCL Industries's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=3446.035/6651.908
=0.52

* 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.


CCL Industries  (OTCPK:CCDBF) 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%.


CCL Industries Equity-to-Asset Related Terms

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


CCL Industries (CCL Industries) Business Description

Traded in Other Exchanges
Address
111 Gordon Baker Road, Suite 801, Toronto, ON, CAN, M2H 3R1
CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, sells pressure sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products. The Avery segment sells software, labels, tags, dividers, badges, and specialty card products under the Avery brand. The Checkpoint segment includes the manufacturing and selling of technology-driven, inventory management and labeling solutions. Innovia segment manufactures specialty films. Its geographical segments include Canada; USA and Puerto Rico; Mexico, Brazil, Chile and Argentina; Europe; and Asia, Australia, Africa and New Zealand.