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CTOS (Custom Truck One Source) Equity-to-Asset : 0.23 (As of Sep. 2024)


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What is Custom Truck One Source Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Custom Truck One Source's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $838 Mil. Custom Truck One Source's Total Assets for the quarter that ended in Sep. 2024 was $3,580 Mil. Therefore, Custom Truck One Source's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.23.

The historical rank and industry rank for Custom Truck One Source's Equity-to-Asset or its related term are showing as below:

CTOS' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.09   Med: 0.3   Max: 0.97
Current: 0.23

During the past 7 years, the highest Equity to Asset Ratio of Custom Truck One Source was 0.97. The lowest was -0.09. And the median was 0.30.

CTOS's Equity-to-Asset is ranked worse than
84.44% of 1080 companies
in the Business Services industry
Industry Median: 0.51 vs CTOS: 0.23

Custom Truck One Source Equity-to-Asset Historical Data

The historical data trend for Custom Truck One Source'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.

Custom Truck One Source Equity-to-Asset Chart

Custom Truck One Source Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial -0.02 -0.04 0.32 0.30 0.27

Custom Truck One Source 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 0.28 0.27 0.26 0.24 0.23

Competitive Comparison of Custom Truck One Source's Equity-to-Asset

For the Rental & Leasing Services subindustry, Custom Truck One Source'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.


Custom Truck One Source's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Custom Truck One Source's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Custom Truck One Source's Equity-to-Asset falls into.



Custom Truck One Source 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.

Custom Truck One Source'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
=917.203/3367.797
=0.27

Custom Truck One Source'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
=837.509/3579.94
=0.23

* 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.


Custom Truck One Source  (NYSE:CTOS) 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%.


Custom Truck One Source Equity-to-Asset Related Terms

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


Custom Truck One Source Business Description

Traded in Other Exchanges
N/A
Address
7701 Independence Avenue, Kansas, MO, USA, 64125
Custom Truck One Source Inc is a one-stop-shop provider of specialty equipment in the electric utility transmission and distribution, forestry, telecom, waste management, rail, and infrastructure end-markets in North America. The company's segment includes Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS). It generates maximum revenue from the TES segment. Geographically, it derives a majority revenue from the United States.
Executives
Nesco Holdings, Lp 10 percent owner 51 JOHN F. KENNEDY PARKWAY, SUITE 200, SHORT HILLS NJ 07078
Ecp Controlco, Llc 10 percent owner 40 BEECHWOOD ROAD, SUMMIT NJ 07901
Energy Capital Partners Management, Lp 10 percent owner 51 JOHN F. KENNEDY PARKWAY, SUITE 200, SHORT HILLS NJ 07078
Joe P. Ross officer: President - Sales C/O NESCO HOLDINGS, INC., 6714 POINTE INVERNESS WAY, SUITE 220, FORT WAYNE IN 46804
Thomas R. Rich officer: EVP - Rentals C/O NESCO HOLDINGS, INC., 6714 POINTE INVERNESS WAY, SUITE 220, FORT WAYNE IN 46804
Marshall Heinberg director 1 CORPORATE AVENUE, ROWVILLE C3 3178
Georgia R Nelson director C/O TOWER AUTOMOTIVE INC, 27175 HAGGERTY ROAD, NOVI MI 48377-3626
Ryan Mcmonagle officer: President, COO C/O NESCO HOLDINGS, INC., 6714 POINTE INVERNESS WAY, SUITE 220, FORT WAYNE IN 46804
Raymond Todd Barrett officer: Chief Accounting Officer 6714 POINT INVERNESS WAY, STE 220, FORT WAYNE IN 46804
Christopher J Eperjesy officer: Chief Financial Officer 505 HIGHWAY 169 NORTH, PLYMOUTH MN 55441
Mark Ein director, 10 percent owner, officer: Chairman and CEO
Paul M Jolas officer: EVP, General Counsel & Sec 331 N. MAIN ST., EULESS TX 76039
Mary M. Jackson director 7799 LEESBURG PIKE, SUITE 300 NORTH, FALLS CHURCH VA 22043
Blackstone Energy Partners Nq L.p. 10 percent owner C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Ii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154