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Twin Disc Inc (NAS:TWIN)
Equity to Asset Ratio
0.54 (As of Sep. 2016)

Equity to Asset ratio is calculated as shareholders tangible equity divided by its total asset. Twin Disc Inc's total equity for the quarter that ended in Sep. 2016 was \$115.2 Mil. Twin Disc Inc's total assets for the quarter that ended in Sep. 2016 was \$212.8 Mil. Therefore, Twin Disc Inc's Equity to Asset Ratio for the quarter that ended in Sep. 2016 was 0.54.

TWIN' s Equity to Asset Range Over the Past 10 Years
Min: 0.3   Max: 0.6
Current: 0.54

0.3
0.6

During the past 13 years, the highest Equity to Asset Ratio of Twin Disc Inc was 0.60. The lowest was 0.30. And the median was 0.42.

TWIN's Equity to Asset is ranked higher than
50% of the 1772 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.54 vs. TWIN: 0.54 )

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.

Twin Disc Inc's Equity to Asset Ratio for the fiscal year that ended in Jun. 2015 is calculated as

 Equity to Asset (A: Jun. 2015 ) = Total Equity / Total Assets = 139.528 / 249.862 = 0.56

Twin Disc Inc's Equity to Asset Ratio for the quarter that ended in Sep. 2016 is calculated as

 Equity to Asset (Q: Sep. 2016 ) = Total Equity / Total Assets = 115.161 / 212.756 = 0.54

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Twin Disc Inc Annual Data

 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 equity2asset 0.43 0.43 0.38 0.34 0.44 0.45 0.50 0.57 0.56 0.55

Twin Disc Inc Quarterly Data

 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 equity2asset 0.57 0.57 0.59 0.59 0.56 0.57 0.57 0.60 0.55 0.54
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