CGIP (Celadon Group) Equity-to-Asset: 0.38 (As of Dec. 2016)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Celadon Group Equity-to-Asset?

Celadon Group CGIP Equity-to-Asset is 0.38 as of Dec. 2016.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Celadon Group's Total Stockholders Equity for the quarter that ended in Dec. 2016 was $368 Mil. Celadon Group's Total Assets for the quarter that ended in Dec. 2016 was $982 Mil. Therefore, Celadon Group's Equity to Asset Ratio for the quarter that ended in Dec. 2016 was 0.38.

The historical rank and industry rank for Celadon Group's Equity-to-Asset or its related term are showing as below:

CGIP's Equity-to-Asset is not ranked *
in the Transportation industry.
Industry Median: 0.5
* Ranked among companies with meaningful Equity-to-Asset only.

Celadon Group  (OTCPK:CGIP) 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%.


Celadon Group Equity-to-Asset Related Terms


Celadon Group Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Celadon Group'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.

Celadon Group Equity-to-Asset Chart

Celadon Group Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.35 0.38 0.31 0.35

Celadon Group Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 0.32 0.32 0.35 0.34 0.38

Celadon Group Equity-to-Asset Competitor Comparison

For the Trucking subindustry, Celadon Group'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.


Celadon Group Equity-to-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, Celadon Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Celadon Group's Equity-to-Asset falls into.



Celadon Group 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.

Celadon Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 2016 is calculated as

Equity to Asset (A: Jun. 2016 )=Total Stockholders Equity/Total Assets
=381.015/1103.29
=0.35

Celadon Group's Equity to Asset Ratio for the quarter that ended in Dec. 2016 is calculated as

Equity to Asset (Q: Dec. 2016 )=Total Stockholders Equity/Total Assets
=368.219/981.722
=0.38

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.38 mean?
Celadon Group (CGIP) has a Equity-to-Asset of 0.38 as of Dec. 2016. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Celadon Group and its competitors.
Is Celadon Group's Equity-to-Asset too high?
Celadon Group's current Equity-to-Asset is 0.38. The Transportation industry median Equity-to-Asset is 0.50. Celadon Group's value of 0.38 is 24% below this industry median.
How does Celadon Group's Equity-to-Asset compare to competitors?
Celadon Group's Equity-to-Asset of 0.38 can be compared against companies in the Transportation industry. The industry median Equity-to-Asset is 0.50. Celadon Group's value of 0.38 is 24% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Transportation company?
The median Equity-to-Asset among Transportation companies is 0.50, based on 1,013 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Celadon Group's current Equity-to-Asset of 0.38 is 24% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Celadon Group and its competitors. For the Transportation industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Celadon Group's current Equity-to-Asset is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celadon Group stock overvalued right now?
Celadon Group (CGIP) has a current Equity-to-Asset of 0.38. The current Equity-to-Asset is 0.38 and 24% below the Transportation industry median of 0.50. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Celadon Group (CGIP), the current Equity-to-Asset is 0.38 as of Dec. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Celadon Group Business Description

Address 9503 East 33rd Street, One Celadon Drive, Indianapolis, IN, USA, 46235
Celadon Group Inc is a United States based company truckload freight transportation provider. Through its subsidiaries, the company provides long haul, regional, local, dedicated, intermodal, temperature-protect, and expedited freight service across the United States, Canada, and Mexico. It also offers freight brokerage services, freight management, as well as supply chain management solutions, including logistics, warehousing, and distribution. The operating segments of the company are Asset-based, Asset-light and Equipment leasing and services.