Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Reliance Worldwide's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$2,013 Mil. Reliance Worldwide's Total Assets for the quarter that ended in Dec. 2024 was A$3,338 Mil.
Therefore, Reliance Worldwide's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.60.
The historical rank and industry rank for Reliance Worldwide's Equity-to-Asset or its related term are showing as below:
ASX:RWC'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34 Med: 0.6 Max: 0.71
Current: 0.6
During the past 8 years, the highest Equity to Asset Ratio of Reliance Worldwide was 0.71. The lowest was 0.34. And the median was 0.60.
ASX:RWC's Equity-to-Asset is ranked better than 72.96% of 1742
companies
in the Construction industry
Industry Median: 0.45
vs ASX:RWC: 0.60
Reliance Worldwide Equity-to-Asset Historical Data
The historical data trend for Reliance Worldwide'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 Reliance Worldwide's Equity-to-Asset
For the Building Products & Equipment subindustry, Reliance Worldwide'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.
Reliance Worldwide's Equity-to-Asset Distribution in the Construction Industry
For the Construction industry and Industrials sector, Reliance Worldwide's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Reliance Worldwide'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.
Reliance Worldwide's Equity to Asset Ratio for the fiscal year that ended in Jun. 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%.
Reliance Worldwide Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Reliance Worldwide's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Reliance manufactures behind-the-wall plumbing products, which include fittings, pipes, valves, fluid dispensers, pipe systems, and appliance connectors. Its main segment is the US, which comprises about three fourths of our midcycle EBITDA estimates. Other segments include EMEA and the Asia-Pacific, which contribute about 20% and less than 10%, respectively, of our midcycle EBITDA estimates. The firm is best known for its push-to-connect products, including the brands SharkBite in the US and John Guest in the United Kingdom. Reliance's primary target segment is the do-it-yourself market. Smaller sales segments include residential and commercial construction, and hot water system manufacturers, which use some Reliance products in manufacturing.
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