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Titanium Metals Corporation (NYSE:TIE)
Equity to Asset Ratio
0.72 (As of Sep. 2012)

Equity to Asset ratio is calculated as shareholders tangible equity divided by its total asset. Titanium Metals Corporation's total equity for the quarter that ended in Sep. 2012 was \$1,232 Mil. Titanium Metals Corporation's total assets for the quarter that ended in Sep. 2012 was \$1,713 Mil. Therefore, Titanium Metals Corporation's Equity to Asset Ratio for the quarter that ended in Sep. 2012 was 0.72.

TIE' s Equity to Asset Range Over the Past 10 Years
Min: 0.27   Max: 0.81
Current: 0.72

0.27
0.81

During the past 13 years, the highest Equity to Asset Ratio of Titanium Metals Corporation was 0.81. The lowest was 0.27. And the median was 0.52.

TIE's Equity to Asset is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. TIE: 0.72 )

Definition

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 shareholders tangible equity divided by its total asset.

Titanium Metals Corporation's Equity to Asset Ratio for the fiscal year that ended in Dec. 2011 is calculated as

 Equity to Asset (A: Dec. 2011 ) = Total Equity / Total Assets = 1218.3 / 1622 = 0.75

Titanium Metals Corporation's Equity to Asset Ratio for the quarter that ended in Sep. 2012 is calculated as

 Equity to Asset (Q: Sep. 2012 ) = Total Equity / Total Assets = 1232.4 / 1713.1 = 0.72

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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 Return on Equity 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%.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Titanium Metals Corporation Annual Data

 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 equity2asset 0.28 0.28 0.57 0.62 0.72 0.80 0.79 0.80 0.81 0.75

Titanium Metals Corporation Semi-Annual Data

 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 equity2asset 0.80 0.80 0.81 0.80 0.80 0.79 0.75 0.74 0.72 0.72
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