GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Compania Colombiana de Tejidos Coltejer (BOG:COLTEJER) » Definitions » Equity-to-Asset

Compania Colombiana de Tejidos Coltejer (BOG:COLTEJER) Equity-to-Asset : 0.40 (As of Mar. 2023)


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What is Compania Colombiana de Tejidos Coltejer Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Compania Colombiana de Tejidos Coltejer's Total Stockholders Equity for the quarter that ended in Mar. 2023 was COP345,659 Mil. Compania Colombiana de Tejidos Coltejer's Total Assets for the quarter that ended in Mar. 2023 was COP866,426 Mil. Therefore, Compania Colombiana de Tejidos Coltejer's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.40.

The historical rank and industry rank for Compania Colombiana de Tejidos Coltejer's Equity-to-Asset or its related term are showing as below:

BOG:COLTEJER's Equity-to-Asset is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.52
* Ranked among companies with meaningful Equity-to-Asset only.

Compania Colombiana de Tejidos Coltejer Equity-to-Asset Historical Data

The historical data trend for Compania Colombiana de Tejidos Coltejer'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.

* Premium members only.

Compania Colombiana de Tejidos Coltejer Equity-to-Asset Chart

Compania Colombiana de Tejidos Coltejer Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial 0.54 0.59 0.56 - 0.39

Compania Colombiana de Tejidos Coltejer Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.45 0.44 0.39 0.40

Competitive Comparison of Compania Colombiana de Tejidos Coltejer's Equity-to-Asset

For the Textile Manufacturing subindustry, Compania Colombiana de Tejidos Coltejer'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.


Compania Colombiana de Tejidos Coltejer's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Compania Colombiana de Tejidos Coltejer's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Compania Colombiana de Tejidos Coltejer's Equity-to-Asset falls into.



Compania Colombiana de Tejidos Coltejer 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.

Compania Colombiana de Tejidos Coltejer's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=339755/868692
=0.39

Compania Colombiana de Tejidos Coltejer's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )=Total Stockholders Equity/Total Assets
=345659/866426
=0.40

* 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.


Compania Colombiana de Tejidos Coltejer  (BOG:COLTEJER) Equity-to-Asset 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 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%.


Compania Colombiana de Tejidos Coltejer Equity-to-Asset Related Terms

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Compania Colombiana de Tejidos Coltejer (BOG:COLTEJER) Business Description

Traded in Other Exchanges
N/A
Address
Carrera 42, No 54 A-161, Autopista Sur, Itagui, COL
Compania Colombiana de Tejidos Coltejer is principally engaged in the textile industry. Its activities include the production, distribution and sale of natural, artificial and synthetic fibers, fabrics and textiles.

Compania Colombiana de Tejidos Coltejer (BOG:COLTEJER) Headlines

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