GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Dorel Industries Inc (OTCPK:DIIBF) » Definitions » Equity-to-Asset

DIIBF (Dorel Industries) Equity-to-Asset : 0.13 (As of Sep. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Dorel Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dorel Industries's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $121 Mil. Dorel Industries's Total Assets for the quarter that ended in Sep. 2024 was $921 Mil. Therefore, Dorel Industries's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.13.

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

DIIBF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13   Med: 0.3   Max: 0.49
Current: 0.13

During the past 13 years, the highest Equity to Asset Ratio of Dorel Industries was 0.49. The lowest was 0.13. And the median was 0.30.

DIIBF's Equity-to-Asset is ranked worse than
95.62% of 434 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.56 vs DIIBF: 0.13

Dorel Industries Equity-to-Asset Historical Data

The historical data trend for Dorel Industries'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.

Dorel Industries Equity-to-Asset Chart

Dorel Industries 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 0.29 0.29 0.25 0.27 0.22

Dorel Industries 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 0.23 0.22 0.21 0.16 0.13

Competitive Comparison of Dorel Industries's Equity-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Dorel Industries'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.


Dorel Industries's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dorel Industries's Equity-to-Asset distribution charts can be found below:

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



Dorel Industries 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.

Dorel Industries'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
=224.702/1000.927
=0.22

Dorel Industries'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
=120.556/920.702
=0.13

* 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.


Dorel Industries  (OTCPK:DIIBF) 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%.


Dorel Industries Equity-to-Asset Related Terms

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


Dorel Industries Business Description

Traded in Other Exchanges
Address
1255 Greene Avenue, Suite 300, Westmount, QC, CAN, H3Z 2A4
Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments includes Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children's accessories which include infant car seats, strollers, high chairs, and infant health and safety aids. Its geographical segments include Canada, the United States, Europe, Latin America, Asia, and Other countries.

Dorel Industries Headlines