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CCC Intelligent Solutions Holdings (CCC Intelligent Solutions Holdings) Equity-to-Asset : 0.58 (As of Dec. 2023)


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What is CCC Intelligent Solutions Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CCC Intelligent Solutions Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,782.3 Mil. CCC Intelligent Solutions Holdings's Total Assets for the quarter that ended in Dec. 2023 was $3,051.0 Mil. Therefore, CCC Intelligent Solutions Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.58.

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

CCCS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43   Med: 0.58   Max: 0.61
Current: 0.58

During the past 5 years, the highest Equity to Asset Ratio of CCC Intelligent Solutions Holdings was 0.61. The lowest was 0.43. And the median was 0.58.

CCCS's Equity-to-Asset is ranked better than
55.32% of 2836 companies
in the Software industry
Industry Median: 0.55 vs CCCS: 0.58

CCC Intelligent Solutions Holdings Equity-to-Asset Historical Data

The historical data trend for CCC Intelligent Solutions Holdings'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.

CCC Intelligent Solutions Holdings Equity-to-Asset Chart

CCC Intelligent Solutions Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
- 0.43 0.58 0.61 0.58

CCC Intelligent Solutions Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.61 0.62 0.61 0.61 0.58

Competitive Comparison of CCC Intelligent Solutions Holdings's Equity-to-Asset

For the Software - Infrastructure subindustry, CCC Intelligent Solutions Holdings'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.


CCC Intelligent Solutions Holdings's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, CCC Intelligent Solutions Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where CCC Intelligent Solutions Holdings's Equity-to-Asset falls into.



CCC Intelligent Solutions Holdings 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.

CCC Intelligent Solutions Holdings'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
=1782.277/3051.04
=0.58

CCC Intelligent Solutions Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1782.277/3051.04
=0.58

* 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.


CCC Intelligent Solutions Holdings  (NAS:CCCS) 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%.


CCC Intelligent Solutions Holdings Equity-to-Asset Related Terms

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


CCC Intelligent Solutions Holdings (CCC Intelligent Solutions Holdings) Business Description

Traded in Other Exchanges
Address
167 North Green Street, 9th Floor, Chicago, IL, USA, 60607
CCC Intelligent Solutions Holdings Inc is a provider of cloud, mobile, AI, telematics, hyperscale technologies and applications for the property and casualty insurance economy. The company's SaaS platform connects trading partners, facilitates commerce, and supports mission-critical, and AI-enabled digital workflows. The company generate revenue through the sale of software subscriptions and other revenue, primarily from professional services. The company has its presence in United States and China. Majority of the revenue is generated from United States.
Executives
Lauren Young director C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Advent International Corp/ma director, 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Eric Wei director C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Christopher Egan director 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent International Gp, Llc director, 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Rodney Christo officer: Chief Accounting Officer 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654
Brian Herb officer: See Remarks 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654
Eileen Schloss director C/O MEDIDATA SOLUTIONS, INC., 79 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10003
Marc Fredman officer: See Remarks 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654
Mary Jo Prigge officer: See Remarks
John Page Goodson officer: Chief Technology Officer 14 OAK PARK DRIVE, BEDFORD MA 01730
Michael John Silva officer: See Remarks 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654
William Ingram director C/O LEAP WIRELESS INTERNATIONAL, INC., 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Cypress Investor Holdings, Lp director, 10 percent owner PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Oh Cypress Aggregator, L.p. director ONE STAMFORD PLAZA, 262 TRESSER BOULEVARD, 15TH FLOOR, STAMFORD CT 06901