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Metallus (Metallus) Equity-to-Asset : 0.62 (As of Dec. 2023)


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What is Metallus Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Metallus's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $732 Mil. Metallus's Total Assets for the quarter that ended in Dec. 2023 was $1,175 Mil. Therefore, Metallus's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.62.

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

MTUS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48   Med: 0.55   Max: 0.63
Current: 0.62

During the past 13 years, the highest Equity to Asset Ratio of Metallus was 0.63. The lowest was 0.48. And the median was 0.55.

MTUS's Equity-to-Asset is ranked better than
64.72% of 632 companies
in the Steel industry
Industry Median: 0.54 vs MTUS: 0.62

Metallus Equity-to-Asset Historical Data

The historical data trend for Metallus'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.

Metallus Equity-to-Asset Chart

Metallus 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 0.52 0.51 0.57 0.63 0.62

Metallus 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 0.63 0.61 0.62 0.63 0.62

Competitive Comparison of Metallus's Equity-to-Asset

For the Steel subindustry, Metallus'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.


Metallus's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Metallus's Equity-to-Asset distribution charts can be found below:

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



Metallus 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.

Metallus'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
=731.6/1175.3
=0.62

Metallus'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
=731.6/1175.3
=0.62

* 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.


Metallus  (NYSE:MTUS) 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%.


Metallus Equity-to-Asset Related Terms

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


Metallus (Metallus) Business Description

Traded in Other Exchanges
Address
1835 Dueber Avenue South West, Canton, OH, USA, 44706
TimkenSteel Corp is an America-based manufacturer of alloy steel, as well as carbon and micro-alloy steel. TimkenSteel's portfolio includes special bar quality steel, seamless mechanical tubes, and value-add solutions, such as precision steel components. The company also supplies machining and thermal treatment services and manages raw material recycling programs that work as a feeder system for its melt operations. The company's products and services are used in the following sectors: oil and gas; automotive; industrial equipment; mining; construction; rail; aerospace and defense; heavy truck; agriculture; and power generation. Geographically, the company mainly serves customers in the United States.
Executives
Kevin A Raketich officer: EVP, Sales, Mktg. & Bus. Dev. 1835 DUEBER AVE. SW, CANTON OH 44706
Michael S Williams director, officer: President & CEO 1835 DUEBER AVE. SW, CANTON OH 44706
Kristopher R Westbrooks officer: EVP, Chief Financial Officer 3637 RIDGEWOOD ROAD, FAIRLAWN OH 44333
Kristine C Syrvalin officer: EVP General Counsel 1835 DUEBER AVE. SW, CANTON OH 44706
Jamy P. Rankin director C/O MOTOR CAR PARTS OF AMERICA, INC., 2929 CALIFORNIA STREET, TORRANCE CA 90503
Mary Ellen Baker director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Nicholas J. Chirekos director C/O ASSISTANT CORPORATE SECRETARY, PEABODY ENERGY CORP., 701 MARKET ST., ST. LOUIS MO 63101
Ken V Garcia director 1835 DUEBER AVE. SW, CANTON OH 44706
Ellis Allen Jones director 1835 DUEBER AVE. SW, CANTON OH 44706
Nicholas A Yacobozzi officer: Corporate Controller 1835 DUEBER AVE SW, GNE-15, CANTON OH 44706
William P Bryan officer: EVP, Mfg and Supply Chain 1835 DUEBER AVENUE, S.W., CANTON OH 44706
Thomas D Moline officer: EVP, Commercial Operations 1835 DUEBER AVENUE, S.W., CANTON OH 44706
Leila L Vespoli director C/O FIRSTENERGY CORP, 76 SOUTH MAIN STREET, AKRON OH 44308
Marvin Riley director 5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209
Timken Ward J Jr director, officer: President, CEO, Chairman 200 MARKET AVE N STE 210, CANTON OH 44702

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