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Transcat (Transcat) Equity-to-Asset : 0.78 (As of Dec. 2023)


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What is Transcat Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Transcat's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $218.5 Mil. Transcat's Total Assets for the quarter that ended in Dec. 2023 was $281.1 Mil. Therefore, Transcat's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.78.

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

TRNS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.54   Max: 0.78
Current: 0.78

During the past 13 years, the highest Equity to Asset Ratio of Transcat was 0.78. The lowest was 0.47. And the median was 0.54.

TRNS's Equity-to-Asset is ranked better than
90.48% of 147 companies
in the Industrial Distribution industry
Industry Median: 0.48 vs TRNS: 0.78

Transcat Equity-to-Asset Historical Data

The historical data trend for Transcat'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.

Transcat Equity-to-Asset Chart

Transcat Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.52 0.57 0.49 0.51

Transcat 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 0.51 0.51 0.55 0.56 0.78

Competitive Comparison of Transcat's Equity-to-Asset

For the Industrial Distribution subindustry, Transcat'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.


Transcat's Equity-to-Asset Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Transcat's Equity-to-Asset distribution charts can be found below:

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



Transcat 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.

Transcat's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=99.63/195.749
=0.51

Transcat'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
=218.47/281.074
=0.78

* 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.


Transcat  (NAS:TRNS) 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%.


Transcat Equity-to-Asset Related Terms

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


Transcat (Transcat) Business Description

Traded in Other Exchanges
N/A
Address
35 Vantage Point Drive, Rochester, NY, USA, 14624
Transcat Inc is involved in providing calibration and laboratory instrument services and distribution of test, measurement, and control instrumentation. Its product and services portfolio consists of calibration instruments, dimensional measuring tools, Electrical test instruments, pressure measurement, etc. The firm has Service and Distribution operating segments. It derives the majority of its revenues from the Service segment. The firm promotes and sells its products under brand names such as Estech, FLIR, Fluke, Keysight, and Megger among others. It serves to pharmaceutical, industrial manufacturing, energy, and chemical process industries.
Executives
Lee D. Rudow officer: Chief Operating Officer C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
James M. Jenkins officer: Gen Counsel & VP of Corp Devt 1600 BAUSCH & LOMB PLACE, ROCHESTER NY 14604
Craig D. Cairns director C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Dawn Deperrior director 45 SOUTH MAIN STREET, FAIRPORT NY 14450
Christopher P. Gillette director C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Charles P Hadeed officer: VP-Finance and CFO 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Scott Deverell other: Principal Accounting Officer 100 CHESTNUT STREET, SUITE 600, ROCHESTER NY 14604
Richard J Harrison director 44 SOUTHERN PARKWAY, ROCHESTER NY 14618
Theresa A. Conroy officer: VP, Human Resources C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Cynthia Langston director C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Thomas L Barbato officer: Sr. VP Finance & CFO 105 NORTON STREET, NEWARK NY 14513
Carl E Sassano director, officer: Chairman, President and CEO C/O MEDIFAST, INC., 3600 CRONDALL LANE, OWINGS MILLS MD 21117
Gary J. Haseley director C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Michael W. West officer: VP Distribution & Marketing C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Mbago M. Kaniki director C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624