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AutoNation (FRA:RWI) Equity-to-Asset : 0.20 (As of Mar. 2024)


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What is AutoNation Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AutoNation's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €2,171 Mil. AutoNation's Total Assets for the quarter that ended in Mar. 2024 was €11,078 Mil. Therefore, AutoNation's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.20.

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

FRA:RWI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.25   Max: 0.35
Current: 0.2

During the past 13 years, the highest Equity to Asset Ratio of AutoNation was 0.35. The lowest was 0.19. And the median was 0.25.

FRA:RWI's Equity-to-Asset is ranked worse than
89.47% of 1311 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs FRA:RWI: 0.20

AutoNation Equity-to-Asset Historical Data

The historical data trend for AutoNation'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.

AutoNation Equity-to-Asset Chart

AutoNation 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 0.30 0.33 0.27 0.20 0.19

AutoNation Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.20 0.19 0.19 0.19 0.20

Competitive Comparison of AutoNation's Equity-to-Asset

For the Auto & Truck Dealerships subindustry, AutoNation'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.


AutoNation's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, AutoNation's Equity-to-Asset distribution charts can be found below:

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



AutoNation 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.

AutoNation'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
=2027.854/10985.66
=0.18

AutoNation's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=2171.016/11077.996
=0.20

* 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.


AutoNation  (FRA:RWI) 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%.


AutoNation Equity-to-Asset Related Terms

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


AutoNation (FRA:RWI) Business Description

Traded in Other Exchanges
Address
200 SW 1st Avenue, Fort Lauderdale, FL, USA, 33301
AutoNation is the second largest automotive dealer in the United States, with 2022 revenue of $27 billion and over 250 dealerships, plus 53 collision centers. The firm also has 16 AutoNation USA used-vehicle stores, a captive lender, four auction sites, and three parts distributors all across 20 states primarily in Sunbelt metropolitan areas. New-vehicle sales account for nearly half of revenue; the company also sells used vehicles, parts, and repair services as well as auto financing. The company (formerly Republic Industries) spun off its waste management unit (Republic Services) in 1999 and its car rental businesses (ANC Rental) in 2000. Wayne Huizenga founded the company in the 1990s to bring the rollup acquisition strategy to auto retailing, which has proved to be a smart move.

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