Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hub Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,635 Mil. Hub Group's Total Assets for the quarter that ended in Dec. 2023 was $2,936 Mil.
Therefore, Hub Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.56.
The historical rank and industry rank for Hub Group's Equity-to-Asset or its related term are showing as below:
HUBG'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46 Med: 0.53 Max: 0.57
Current: 0.56
During the past 13 years, the highest Equity to Asset Ratio of Hub Group was 0.57. The lowest was 0.46. And the median was 0.53.
HUBG's Equity-to-Asset is ranked better than 62% of 979
companies
in the Transportation industry
Industry Median: 0.49
vs HUBG: 0.56
Hub Group Equity-to-Asset Historical Data
The historical data trend for Hub Group'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 Hub Group's Equity-to-Asset
For the Integrated Freight & Logistics subindustry, Hub Group'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.
Hub Group's Equity-to-Asset Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Hub Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Hub Group's Equity-to-Asset falls into.
Hub Group 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.
Hub Group'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.
Hub Group (NAS:HUBG) 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%.
Hub Group Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Hub Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Hub Group ranks among the largest providers of rail intermodal service. Roughly 60% of revenue comes from Hub's intermodal and transportation solutions division. ITS includes its flagship intermodal operations, which use the Class I rail carriers for the underlying line-haul movement of containers, as well as its dedicated truckload shipping unit. Asset light truckload and LTL brokerage makes up around 20%. The remaining 20% reflects Hub's logistics division, which provides outsourced transportation management, warehousing and fulfillment, and heavy-goods final mile delivery. Hub is somewhat acquisitive in that it often makes tuck-in acquisitions which expand its brokerage, logistics, and dedicated truckload offerings.
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