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Rush Enterprises Equity-to-Asset

: 0.44 (As of Jun. 2022)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rush Enterprises's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $1,611 Mil. Rush Enterprises's Total Assets for the quarter that ended in Jun. 2022 was $3,669 Mil. Therefore, Rush Enterprises's Equity to Asset Ratio for the quarter that ended in Jun. 2022 was 0.44.

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

RUSHB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1   Med: 0.32   Max: 0.51
Current: 0.44

During the past 13 years, the highest Equity to Asset Ratio of Rush Enterprises was 0.51. The lowest was 0.10. And the median was 0.32.

RUSHB's Equity-to-Asset is ranked worse than
53.92% of 1237 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs RUSHB: 0.44

Rush Enterprises Equity-to-Asset Historical Data

The historical data trend for Rush Enterprises'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.

Rush Enterprises Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.33 0.34 0.43 0.47

Rush Enterprises Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.47 0.51 0.47 0.47 0.44

Competitive Comparison

For the Auto & Truck Dealerships subindustry, Rush Enterprises'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.

   

Rush Enterprises Equity-to-Asset Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Rush Enterprises's Equity-to-Asset distribution charts can be found below:

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



Rush Enterprises 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.

Rush Enterprises's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=1466.749/3119.977
=0.47

Rush Enterprises's Equity to Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

Equity to Asset (Q: Jun. 2022 )=Total Stockholders Equity/Total Assets
=1611.037/3669.369
=0.44

* 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.


Rush Enterprises  (NAS:RUSHB) 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%.


Rush Enterprises Equity-to-Asset Related Terms

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


Rush Enterprises Business Description

Rush Enterprises logo
Traded in Other Exchanges
Address
555 IH-35 South, Suite 500, New Braunfels, TX, USA, 78130
Rush Enterprises is the only publicly traded, standalone commercial truck dealer in North America. With 120 locations, it sells 5.6% of new class 8 trucks as the largest truck dealer on the continent. Vehicle sales include class 4-8 new trucks as well as range of used commercial vehicles. Aftermarket parts and service are key drivers of profitability as they generate approximately 30% of revenue and 65% of gross profit. Rush's class 8 customers include large fleets (32%), mid-size fleets (16%), vocational customers (40%), and owner-operators (12%). In 2019, Rush generated $5.8 billion in revenue.

Rush Enterprises Headlines

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