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CLH (Clean Harbors) Equity-to-Asset : 0.35 (As of Sep. 2024)


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What is Clean Harbors Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Clean Harbors's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $2,528 Mil. Clean Harbors's Total Assets for the quarter that ended in Sep. 2024 was $7,306 Mil. Therefore, Clean Harbors's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.35.

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

CLH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27   Med: 0.31   Max: 0.35
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Clean Harbors was 0.35. The lowest was 0.27. And the median was 0.31.

CLH's Equity-to-Asset is ranked worse than
68.53% of 251 companies
in the Waste Management industry
Industry Median: 0.46 vs CLH: 0.35

Clean Harbors Equity-to-Asset Historical Data

The historical data trend for Clean Harbors'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.

Clean Harbors Equity-to-Asset Chart

Clean Harbors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.33 0.27 0.31 0.35

Clean Harbors Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.35 0.35 0.33 0.34 0.35

Competitive Comparison of Clean Harbors's Equity-to-Asset

For the Waste Management subindustry, Clean Harbors'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.


Clean Harbors's Equity-to-Asset Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Clean Harbors's Equity-to-Asset distribution charts can be found below:

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



Clean Harbors 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.

Clean Harbors's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2247.506/6382.869
=0.35

Clean Harbors's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=2528.31/7306.01
=0.35

* 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.


Clean Harbors  (NYSE:CLH) 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%.


Clean Harbors Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Clean Harbors's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Clean Harbors Business Description

Traded in Other Exchanges
Address
42 Longwater Drive, Norwell, MA, USA, 02061-9149
Clean Harbors Inc is an environmental and industrial services provider. It provides parts cleaning and related environmental services to commercial, industrial, and automotive customers. Its business segments are Environmental Services and Safety-Kleen Sustainability Solutions. The company generates the majority of its revenues from the Environmental Services segment.
Executives
Brian P Weber officer: EVP (CHESI) 88 PINE STREET, WALPOLE MA 02081
Lauren States director 16 WILMONT AVENUE, WHITE PLAINS NY 10605
Eric W Gerstenberg officer: Chief Operating Officer 24 MACFARLANE DRIVE, KINGSTON MA 02364
Robert Speights officer: EVP (CHESI) C/O CLEAN HARBORS ENVIRONMENTAL SERVICES, 42 LONGWATER DRIVE, NORWELL MA 02061
Michael Louis Battles officer: SVP & CAO 45 WILLIAM STREET, WELLESLEY MA 02481
Andrea Robertson director 129 SHELTER ROCK ROAD, STAMFORD CT 06903
Alan S Mckim director, officer: Chrmn. of Bd., Pres.and CEO
Eric J. Dugas officer: VP, Corp. Contr and CAO C/O CLEAN HARBORS, INC., 42 LONGWATER DRIVE, NORWELL MA 02061
John T Preston director C/O MOLTEN METAL TECHNOLOTY INC, 400-2 TOTTEN POND ROAD, WALTHAM MA 02154
Robert W. Harrison officer: EVP, EHS 42 LONGWATER DRIVE, NORWELL MA 02061
George L Curtis officer: Exec. Vice President (CHESI)
Rebecca Underwood officer: President & EVP Facilities 42 LONGWATER DRIVE, NORWELL MA 02061
Loan Nguyen Mansy officer: President Env Sales & Service C/O HUDSON TECHNOLOGIES, INC., 300 TICE BOULEVARD, SUITE 290, WOODCLIFF LAKE NJ 07677
Sharon M. Gabriel officer: EVP/CIO (CHESI) 42 LONGWATER DRIVE, NORWELL MA 02061
Eugene G Banucci director