Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Astec Industries's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $638 Mil. Astec Industries's Total Assets for the quarter that ended in Dec. 2024 was $1,044 Mil.
Therefore, Astec Industries's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.61.
The historical rank and industry rank for Astec Industries's Equity-to-Asset or its related term are showing as below:
ASTE'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61 Med: 0.74 Max: 0.78
Current: 0.61
During the past 13 years, the highest Equity to Asset Ratio of Astec Industries was 0.78. The lowest was 0.61. And the median was 0.74.
ASTE's Equity-to-Asset is ranked better than 71.09% of 211
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.49
vs ASTE: 0.61
Astec Industries Equity-to-Asset Historical Data
The historical data trend for Astec 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.
Competitive Comparison of Astec Industries's Equity-to-Asset
For the Farm & Heavy Construction Machinery subindustry, Astec 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.
Astec Industries's Equity-to-Asset Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Astec Industries's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Astec Industries's Equity-to-Asset falls into.
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.
Astec Industries's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 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%.
Astec Industries Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Astec Industries's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Astec Industries Inc designs and manufactures equipment and components used in road construction and other development activities. Its products are used through the entire process of building roads, from mining and crushing materials to creating the road surface. The company manufactures a line of plants, pavers, vehicles, and machines to mix and transform materials into construction components. It has two operating segments: infrastructure solutions generating maximum revenue and materials solutions. The majority of sales are derived from the United States. Its customers are asphalt producers, highway and heavy equipment contractors, ready mix concrete producers, demolition recycling markets, sand and gravel producers, open mine operators, quarry operators, and others.
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