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ASGN (ASGN) Equity-to-Asset

: 0.53 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ASGN's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,892 Mil. ASGN's Total Assets for the quarter that ended in Dec. 2023 was $3,545 Mil. Therefore, ASGN's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.53.

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

ASGN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.5   Max: 0.55
Current: 0.53

During the past 13 years, the highest Equity to Asset Ratio of ASGN was 0.55. The lowest was 0.44. And the median was 0.50.

ASGN's Equity-to-Asset is ranked worse than
51.55% of 2836 companies
in the Software industry
Industry Median: 0.55 vs ASGN: 0.53

ASGN Equity-to-Asset Historical Data

The historical data trend for ASGN'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.

ASGN Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.48 0.53 0.53 0.53

ASGN 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 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 0.55 0.54 0.53 0.53

Competitive Comparison

For the Information Technology Services subindustry, ASGN'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.


ASGN Equity-to-Asset Distribution

For the Software industry and Technology sector, ASGN's Equity-to-Asset distribution charts can be found below:

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



ASGN 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.

ASGN'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
=1892.1/3544.6
=0.53

ASGN'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
=1892.1/3544.6
=0.53

* 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.


ASGN  (NYSE:ASGN) 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%.


ASGN Equity-to-Asset Related Terms

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


ASGN (ASGN) Business Description

Traded in Other Exchanges
N/A
Address
4400 Cox Road, Suite 110, Glen Allen, VA, USA, 23060
ASGN Inc is a provider of information technology (IT) services and professional solutions, including technology, creative, and digital, across the commercial and government sectors. It operates through two segments, Commercial and Federal Government. The Commercial Segment, which is their largest segment, provides consulting, creative digital marketing, and permanent placement services to Fortune 1000 clients and mid-market companies. The Federal Government Segment provides mission-critical solutions to the Department of Defense, intelligence agencies, and civilian agencies.
Executives
Jonathan S Holman director C/O ASGN INCORPORATED, 26745 MALIBU HILLS ROAD, CALABASAS CA 91301
Theodore S. Hanson officer: EVP, ASGN 4400 COX ROAD, SUITE 110, GLEN ALLEN VA 23060
Randolph C Blazer officer: Pres, Apex-a sub of the Issuer C/O ASGN INCORPORATED, 26745 MALIBU HILLS ROAD, CALABASAS CA 91301
Jennifer Hankes Painter officer: VP, General Counsel, Secretary C/O ASGN INCORPORATED, 26745 MALIBU HILLS ROAD, CALABASAS CA 91301
Rose Cunningham officer: Chief Accounting Officer 4400 COX ROAD, SUITE 110, GLEN ALLEN VA 23060
Arshad Matin director 26745 MALIBU HILLS ROAD, CALABASAS CA 91301
Marie Perry officer: Exec VP, CFO 26745 MALIBU HILLS RD, CALABASAS CA 91301
Mark A. Frantz other: Board Adviser 1300 CALDER ROAD, MCLEAN VA 22101
Edward L Pierce officer: Exec VP, CFO 1439 WINDY MOUNTAIN AVE., WESTLAKE VILLAGE CA 91362
Edwin A. Sheridan director ON ASSIGNMENT, INC., 26745 MALIBU HILLS ROAD, CALABASAS CA 91301
Marty R Kittrell director C/O ON ASSIGNMENT, INC., 26745 MALIBU HILLS RD., CALABASAS CA 91301
Mariel A Joliet director C/O ON ASSIGNMENT, 26745 MALIBU HILLS ROAD, CALABASAS CA 91301
Maria R Hawthorne director 701 WESTERN AVENUE, GLENDALE CA 91201
Carol Lindstrom director 5994 SILVERADO TRAIL, NAPA CA 94558
Jeremy M Jones director 2532 DUPONT AVENUE, IRVINE CA 92612