Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Crown Castle's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6,381 Mil. Crown Castle's Total Assets for the quarter that ended in Dec. 2023 was $38,527 Mil.
Therefore, Crown Castle's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.17.
The historical rank and industry rank for Crown Castle's Equity-to-Asset or its related term are showing as below:
CCI'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17 Med: 0.3 Max: 0.38
Current: 0.17
During the past 13 years, the highest Equity to Asset Ratio of Crown Castle was 0.38. The lowest was 0.17. And the median was 0.30.
CCI's Equity-to-Asset is ranked worse than 94.68% of 865
companies
in the REITs industry
Industry Median: 0.57
vs CCI: 0.17
Crown Castle Equity-to-Asset Historical Data
The historical data trend for Crown Castle'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.
Crown Castle Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Equity-to-Asset
0.27
0.24
0.21
0.19
0.17
Crown Castle 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
0.19
0.19
0.18
0.17
0.17
Competitive Comparison
For the REIT - Specialty subindustry, Crown Castle'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.
Crown Castle Equity-to-Asset Distribution
For the REITs industry and Real Estate sector, Crown Castle's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Crown Castle's Equity-to-Asset falls into.
Crown Castle 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.
Crown Castle'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.
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%.
Crown Castle Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Crown Castle's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Crown Castle International owns and leases roughly 40,000 cell towers in the United States. It also owns more than 85,000 route miles of fiber. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company's fiber is primarily leased by wireless service providers to set up small-cell network infrastructure and by enterprises for their internal connection needs. Crown Castle's towers and fiber are predominantly located in the largest U.S. cities. The company has a very concentrated customer base, with more than 70% of its revenue coming from the big three U.S. mobile carriers. Crown Castle operates as a real estate investment trust.
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