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Esterline Technologies Corp  (NYSE:ESL) Equity-to-Asset: 0.59 (As of Sep. 2017)

Equity to Asset ratio is calculated as shareholder's tangible equity divided by its total asset. Esterline Technologies Corp's Total Equity for the quarter that ended in Sep. 2017 was $1,837 Mil. 's Total Assets for the quarter that ended in Sep. 2017 was $3,130 Mil. Therefore, Esterline Technologies Corp's Equity to Asset Ratio for the quarter that ended in Sep. 2017 was 0.59.

NYSE:ESL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21   Max: 0.63
Current: 0.59

0.21
0.63

During the past 13 years, the highest Equity to Asset Ratio of Esterline Technologies Corp was 0.63. The lowest was 0.21. And the median was 0.51.

NYSE:ESL's Equity-to-Asset is ranked higher than
74% of the 195 Companies
in the Global industry.

( Industry Median: 0.42 vs. NYSE:ESL: 0.59 )

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Esterline Technologies Corp Annual Data

Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Sep15 Sep16 Sep17
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 0.59 0.51 0.53 0.59

Esterline Technologies Corp Quarterly Data

Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.53 0.54 0.56 0.57 0.59

Competitive Comparison
* 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.


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 shareholder's tangible equity divided by its total asset.

Esterline Technologies Corp's Equity to Asset Ratio for the fiscal year that ended in Sep. 2017 is calculated as

Equity to Asset (A: Sep. 2017 )=Total Equity/Total Assets
=1836.607/3130.323
=0.59

Esterline Technologies Corp's Equity to Asset Ratio for the quarter that ended in Sep. 2017 is calculated as

Equity to Asset (Q: Sep. 2017 )=Total Equity/Total Assets
=1836.607/3130.323
=0.59

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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%.


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