Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Coastal Contacts's Total Stockholders Equity for the quarter that ended in Jan. 2014 was kr193 Mil. Coastal Contacts's Total Assets for the quarter that ended in Jan. 2014 was kr527 Mil.
Therefore, Coastal Contacts's Equity to Asset Ratio for the quarter that ended in Jan. 2014 was 0.37.
The historical rank and industry rank for Coastal Contacts's Equity-to-Asset or its related term are showing as below:
OSTO:COA's Equity-to-Asset is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 0.64 * Ranked among companies with meaningful Equity-to-Asset only.
Coastal Contacts Equity-to-Asset Historical Data
The historical data trend for Coastal Contacts'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 Coastal Contacts's Equity-to-Asset
For the Medical Instruments & Supplies subindustry, Coastal Contacts'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.
Coastal Contacts's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Coastal Contacts's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Coastal Contacts's Equity-to-Asset falls into.
Coastal Contacts 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.
Coastal Contacts's Equity to Asset Ratio for the fiscal year that ended in Oct. 2013 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.
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%.
Coastal Contacts Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Coastal Contacts's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Coastal Contacts Inc. was incorporated under the Canada Business Corporations Act on December 14, 2000. The Company is an online retailer of vision care products. It is a direct-to-consumer retailer of vision care products and services. The Company sells contact lenses, eyeglasses and related products mainly through the Company's internet websites, although customers may also place orders over the telephone. It has operations and distribution centers in North America, Europe and Australia. The Company sells contact lenses manufactured by multinational companies such as Johnson and Johnson Inc., CIBA Vision Corporation (a division of Alcon), Bausch & Lomb Inc. and Coopervision Inc. It sells eyeglasses, which are mainly assembled in the Company's own laboratories, composed of frames and lenses purchased from a variety of different suppliers. The frames it uses in its eyeglasses include both branded frames and the Company's own private label frames such as Derek Cardigan, Kam Dhillon, Ltede and Joseph Marc. The Company also sells a variety of vision related products such as sunglasses and contact lens solutions including its own Healthy Eyes brand multipurpose contact lens solution for soft contact lenses. It offers substantially all of the soft contact lenses produced by the contact lens manufacturers, including Johnson & Johnson Inc., CIBA Vision Corporation, Bausch & Lomb Inc. and Coopervision Inc. The Company conducts all of its product fulfillment operations from the Company's distribution facilities in Vancouver, British Columbia, Canada; Stockholm, Sweden; Blaine, Washington and Sydney, Australia.
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