TCLAF (Transcontinental) Equity-to-Asset : 0.52 (As of Oct. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Transcontinental Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Transcontinental's Total Stockholders Equity for the quarter that ended in Oct. 2024 was $1,388 Mil. Transcontinental's Total Assets for the quarter that ended in Oct. 2024 was $2,647 Mil. Therefore, Transcontinental's Equity to Asset Ratio for the quarter that ended in Oct. 2024 was 0.52.

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

TCLAF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39 Med: 0.5 Max: 0.6
Current: 0.54

During the past 13 years, the highest Equity to Asset Ratio of Transcontinental was 0.60. The lowest was 0.39. And the median was 0.50.

TCLAF's Equity-to-Asset is ranked worse than
50.12% of 405 companies
in the Packaging & Containers industry
Industry Median: 0.54 vs TCLAF: 0.54

Transcontinental Equity-to-Asset Historical Data

The historical data trend for Transcontinental'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.

Transcontinental Equity-to-Asset Chart

Transcontinental Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Equity-to-Asset

Get a 7-Day Free Trial

0.48

0.49

0.51

0.52

Transcontinental Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Equity-to-Asset	Get a 7-Day Free Trial															0.51	0.54	0.54	0.54	0.52

Competitive Comparison of Transcontinental's Equity-to-Asset

For the Packaging & Containers subindustry, Transcontinental'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.

Transcontinental's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Transcontinental's Equity-to-Asset distribution charts can be found below:

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

Transcontinental 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.

Transcontinental's Equity to Asset Ratio for the fiscal year that ended in Oct. 2024 is calculated as

Equity to Asset (A: Oct. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	1387.875	/	2646.871
	=	0.52

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

Equity to Asset (Q: Oct. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	1387.875	/	2646.871
	=	0.52

Transcontinental (OTCPK:TCLAF) 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%.

Transcontinental Equity-to-Asset Related Terms

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

Transcontinental Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Transcontinental Inc (OTCPK:TCLAF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

TCL.B:Canada TCL.A:Canada

Address

1 Place Ville Marie, Suite 3240, Affaires Juridiques, A/s Caroline Hamel, Montreal, QC, CAN, H3B 0G1

Website

https://tctranscontinental.com

Transcontinental Inc or TC Transcontinental, is a Canadian printer and flexible packaging provider that operates in three segments: packaging, printing, and other. Its packaging segment features the production of different plastic products geared toward consumer goods. Production plants specialize in extrusion, lamination, printing, and converting. The company offers premedia, printing, and distribution services through the printing segment. Publishers, retailers, cataloguers, and marketers are some of the customers who tap TC Transcontinental for these printing solutions. The smaller other segment focuses on the media sector, which generates revenue from print and digital publishing products.