Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BlackRock's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $39,347 Mil. BlackRock's Total Assets for the quarter that ended in Dec. 2023 was $123,211 Mil.
Therefore, BlackRock's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.32.
The historical rank and industry rank for BlackRock's Equity-to-Asset or its related term are showing as below:
BLK'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11 Med: 0.2 Max: 0.32
Current: 0.32
During the past 13 years, the highest Equity to Asset Ratio of BlackRock was 0.32. The lowest was 0.11. And the median was 0.20.
BLK's Equity-to-Asset is ranked worse than 90.1% of 1728
companies
in the Asset Management industry
Industry Median: 0.83
vs BLK: 0.32
BlackRock Equity-to-Asset Historical Data
The historical data trend for BlackRock'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 BlackRock's Equity-to-Asset
For the Asset Management subindustry, BlackRock'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.
BlackRock's Equity-to-Asset Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where BlackRock's Equity-to-Asset falls into.
BlackRock 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.
BlackRock's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 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.
BlackRock (NYSE:BLK) 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%.
BlackRock Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of BlackRock's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
BlackRock is the largest asset manager in the world, with $9.101 trillion in AUM at the end of September 2023. Product mix is fairly diverse, with 52% of the firm's managed assets in equity strategies, 28% in fixed income, 9% in multi-asset class, 8% in money market funds, and 3% in alternatives. Passive strategies account for around two thirds of long-term AUM, with the company's ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which by our calculations account for around 80% of AUM. BlackRock is also geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the U.S. and Canada.
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