Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alto Ingredients's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $280 Mil. Alto Ingredients's Total Assets for the quarter that ended in Dec. 2023 was $454 Mil.
Therefore, Alto Ingredients's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.62.
The historical rank and industry rank for Alto Ingredients's Equity-to-Asset or its related term are showing as below:
ALTO'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36 Med: 0.58 Max: 0.72
Current: 0.62
During the past 13 years, the highest Equity to Asset Ratio of Alto Ingredients was 0.72. The lowest was 0.36. And the median was 0.58.
ALTO's Equity-to-Asset is ranked better than 55.12% of 1571
companies
in the Chemicals industry
Industry Median: 0.59
vs ALTO: 0.62
Alto Ingredients Equity-to-Asset Historical Data
The historical data trend for Alto Ingredients'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.
Competitive Comparison of Alto Ingredients's Equity-to-Asset
For the Specialty Chemicals subindustry, Alto Ingredients'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.
Alto Ingredients's Equity-to-Asset Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Alto Ingredients's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Alto Ingredients's Equity-to-Asset falls into.
Alto Ingredients 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.
Alto Ingredients'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%.
Alto Ingredients Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Alto Ingredients's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Alto Ingredients (Alto Ingredients) Business Description
Alto Ingredients Inc is a producer of specialty alcohols and essential ingredients. The company serves five markets: Health, Home and Beauty, Food and Beverage, Essential Ingredients, and Renewable Fuels. Its customers include major food and beverage companies and consumer products manufacturers and distributors. The company operates under three segments: Marketing and distribution, Pekin Campus production, and Other production. The Marketing and distribution segment participates in marketing and merchant trading for alcohols and essential ingredients; Pekin Campus produces and sells products produced at the company's Pekin, Illinois, campus, and about half of the firm's revenue flows from this segment. Other production makes and sells from the company's other production facilities.
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