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Toll Brothers (Toll Brothers) Equity-to-Asset

: 0.56 (As of Jan. 2024)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Toll Brothers's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $7,019 Mil. Toll Brothers's Total Assets for the quarter that ended in Jan. 2024 was $12,522 Mil. Therefore, Toll Brothers's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.56.

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

TOL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42   Med: 0.46   Max: 0.56
Current: 0.56

During the past 13 years, the highest Equity to Asset Ratio of Toll Brothers was 0.56. The lowest was 0.42. And the median was 0.46.

TOL's Equity-to-Asset is ranked better than
57.41% of 108 companies
in the Homebuilding & Construction industry
Industry Median: 0.515 vs TOL: 0.56

Toll Brothers Equity-to-Asset Historical Data

The historical data trend for Toll Brothers'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.

Toll Brothers Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.44 0.46 0.49 0.54

Toll Brothers Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.52 0.54 0.54 0.54 0.56

Competitive Comparison

For the Residential Construction subindustry, Toll Brothers'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.


Toll Brothers Equity-to-Asset Distribution

For the Homebuilding & Construction industry and Consumer Cyclical sector, Toll Brothers's Equity-to-Asset distribution charts can be found below:

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



Toll Brothers 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.

Toll Brothers's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )=Total Stockholders Equity/Total Assets
=6797.156/12527.018
=0.54

Toll Brothers's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=7019.271/12521.955
=0.56

* 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.


Toll Brothers  (NYSE:TOL) 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%.


Toll Brothers Equity-to-Asset Related Terms

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


Toll Brothers (Toll Brothers) Business Description

Traded in Other Exchanges
Address
1140 Virginia Drive, Fort Washington, PA, USA, 19034
Toll Brothers is the leading luxury homebuilder in the United States with an average sale price well above public competitors'. The company operates in over 60 markets across 24 states and caters to move-up, active-adult, and second-home buyers. Traditional homebuilding operations represent most of company's revenue. Toll Brothers also builds luxury for-sale and for-rent properties in urban centers across the U.S. It has its headquarters in Horsham, Pennsylvania.
Executives
Paul E Shapiro director
Martin P. Connor officer: Chief Financial Officer 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
John A Mclean director TOLL BROTHERS, INC., 1140 GIBRALTAR ROAD, FORT WASHINGTON PA 19034
Yearley Douglas C. Jr. officer: Executive Vice President 250 GIBRALTAR ROAD, HORSHAM PA 19044
Carl B Marbach director 17730 SCARSDALE WAY, BOCA RATON FL 33496
Robert Parahus officer: EVP,Co-Chief Operating Officer TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Michael J. Grubb officer: Chief Accounting Officer TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Christine Garvey director 14100 E 35TH PLACE, AURORA CO 80011
Derek T. Kan director TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Richard J Braemer director 324 SPRUCE ST, PHILADELPHIA PA 19106
Scott D Stowell director
Robert I Toll director, 10 percent owner, officer: Chief Executive Officer 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19006
Edward G Boehne director 313 DEVON STATE ST, DEVON PA 19333
Stephen F. East director TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
James W. Boyd officer: EVP,Co-Chief Operating Officer TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034