Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Calumet's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $-705 Mil. Calumet's Total Assets for the quarter that ended in Dec. 2024 was $2,758 Mil.
Therefore, Calumet's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was -0.26.
The historical rank and industry rank for Calumet's Equity-to-Asset or its related term are showing as below:
CLMT'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.26 Med: -0.03 Max: 0.21
Current: -0.26
During the past 13 years, the highest Equity to Asset Ratio of Calumet was 0.21. The lowest was -0.26. And the median was -0.03.
CLMT's Equity-to-Asset is ranked worse than 98.47% of 1567
companies
in the Chemicals industry
Industry Median: 0.59
vs CLMT: -0.26
Calumet Equity-to-Asset Historical Data
The historical data trend for Calumet'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 Calumet's Equity-to-Asset
For the Specialty Chemicals subindustry, Calumet'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.
Calumet's Equity-to-Asset Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Calumet's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Calumet'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.
Calumet'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.
Calumet (NAS:CLMT) 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%.
Calumet Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Calumet's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Calumet Inc is a producer of specialty products, including base oils, specialty oils, solvents, esters, and waxes, as well as a variety of fuel and fuel-related products, including asphalt and heavy fuel oils. The company manufactures, formulates, and markets a variety of specialty branded products to customers in various consumer-facing and industrial markets. Its segments include: Specialty Products and Solutions; Montana/Renewables; Performance Brands; and Corporate. The company generates maximum revenue from Fuels, asphalt and other by-products.
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