Equity to Asset ratio is calculated as total stockholders equity divided by total asset. UFP Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,000 Mil. UFP Industries's Total Assets for the quarter that ended in Dec. 2023 was $4,018 Mil.
Therefore, UFP Industries's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.75.
The historical rank and industry rank for UFP Industries's Equity-to-Asset or its related term are showing as below:
UFPI'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61 Med: 0.66 Max: 0.75
Current: 0.75
During the past 13 years, the highest Equity to Asset Ratio of UFP Industries was 0.75. The lowest was 0.61. And the median was 0.66.
UFPI's Equity-to-Asset is ranked better than 82.03% of 295
companies
in the Forest Products industry
Industry Median: 0.55
vs UFPI: 0.75
UFP Industries Equity-to-Asset Historical Data
The historical data trend for UFP 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.
For the Lumber & Wood Production subindustry, UFP 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.
UFP Industries Equity-to-Asset Distribution
For the Forest Products industry and Basic Materials sector, UFP Industries's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where UFP Industries's Equity-to-Asset falls into.
UFP 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.
UFP Industries'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.
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%.
UFP Industries Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of UFP Industries's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
UFP Industries (UFP Industries) Business Description
UFP Industries Inc is a supplier of lumber to the manufactured housing industry. Today UFP Industries is a multibillion-dollar holding company with subsidiaries around the globe that serve three markets: retail, packaging and construction.
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