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Bic (BICEF) Equity-to-Asset : 0.67 (As of Jun. 2023)


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What is Bic Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bic's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $1,973 Mil. Bic's Total Assets for the quarter that ended in Jun. 2023 was $2,942 Mil. Therefore, Bic's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.67.

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

BICEF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.6   Med: 0.66   Max: 0.73
Current: 0.67

During the past 13 years, the highest Equity to Asset Ratio of Bic was 0.73. The lowest was 0.60. And the median was 0.66.

BICEF's Equity-to-Asset is ranked better than
69.15% of 1919 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs BICEF: 0.67

Bic Equity-to-Asset Historical Data

The historical data trend for Bic'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.

Bic Equity-to-Asset Chart

Bic Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.67 0.67 0.69 0.70

Bic Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.65 0.69 0.66 0.70 0.67

Competitive Comparison of Bic's Equity-to-Asset

For the Household & Personal Products subindustry, Bic'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.


Bic's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bic's Equity-to-Asset distribution charts can be found below:

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



Bic 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.

Bic's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=1987.591/2842.676
=0.70

Bic's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=1973.476/2942.035
=0.67

* 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.


Bic  (OTCPK:BICEF) 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%.


Bic Equity-to-Asset Related Terms

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


Bic (BICEF) Business Description

Traded in Other Exchanges
Address
14 rue Jeanne-d'Asnieres, Clichy Cedex, Paris, FRA, 92611
Bic SA manufactures and markets writing instruments, lighters, shavers, advertising, and promotional products in France and globally. The company offers its products through various channels stationery stores, office supplies companies, convenience stores, distributors, wholesalers, cash-and-carry stores, e-commerce. Its main well-known brands are BIC, BIC Kids, BIC Graphic, BIC Matic, BIC Tipp-Ex, Wite-Out, Ecolutions, and Cello. By net sales, the biggest market is North America, followed by Europe and the developing markets (Middle East, Africa, Latin America, and Asia).