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Compass Diversified Holdings (Compass Diversified Holdings) Equity-to-Asset : 0.35 (As of Dec. 2023)


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What is Compass Diversified Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Compass Diversified Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,326.75 Mil. Compass Diversified Holdings's Total Assets for the quarter that ended in Dec. 2023 was $3,816.98 Mil. Therefore, Compass Diversified Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.35.

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

CODIpA.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.45   Max: 0.59
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Compass Diversified Holdings was 0.59. The lowest was 0.30. And the median was 0.45.

CODIpA.PFD's Equity-to-Asset is ranked worse than
65.36% of 534 companies
in the Conglomerates industry
Industry Median: 0.44 vs CODIpA.PFD: 0.35

Compass Diversified Holdings Equity-to-Asset Historical Data

The historical data trend for Compass Diversified 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.

Compass Diversified Holdings Equity-to-Asset Chart

Compass Diversified Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.42 0.35 0.30 0.35

Compass Diversified Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.32 0.31 0.30 0.35

Competitive Comparison of Compass Diversified Holdings's Equity-to-Asset

For the Conglomerates subindustry, Compass Diversified 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.


Compass Diversified Holdings's Equity-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Compass Diversified Holdings's Equity-to-Asset distribution charts can be found below:

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



Compass Diversified 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.

Compass Diversified 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
=1326.75/3816.981
=0.35

Compass Diversified 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
=1326.75/3816.981
=0.35

* 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.


Compass Diversified Holdings  (NYSE:CODIpA.PFD) 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%.


Compass Diversified Holdings Equity-to-Asset Related Terms

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


Compass Diversified Holdings (Compass Diversified Holdings) Business Description

Traded in Other Exchanges
Address
301 Riverside Avenue, Second Floor, Westport, CT, USA, 06880
Compass Diversified Holdings is a diversified business conglomerate based in the United States having two groups: branded consumer business and niche industrial business. Branded consumer businesses are characterized as those businesses that capitalize on a valuable brand name in their respective market sector. It includes 5.11, Ergobaby, Liberty Safe, and Velocity Outdoor. Niche industrial businesses are characterized as those businesses that focus on manufacturing and selling particular products and industrial services within a specific market sector. It includes Advanced Circuits, Arnold, Foam Fabricators, and Sterno. The company has operations in the United States, Canada, Europe, Asia Pacific, and other International areas.

Compass Diversified Holdings (Compass Diversified Holdings) Headlines