GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cooper Tire & Rubber Co (NYSE:CTB) » Definitions » Equity-to-Asset

Cooper Tire & Rubber Co (Cooper Tire & Rubber Co) Equity-to-Asset : 0.47 (As of Mar. 2021)


View and export this data going back to 1960. Start your Free Trial

What is Cooper Tire & Rubber Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cooper Tire & Rubber Co's Total Stockholders Equity for the quarter that ended in Mar. 2021 was $1,401 Mil. Cooper Tire & Rubber Co's Total Assets for the quarter that ended in Mar. 2021 was $2,957 Mil. Therefore, Cooper Tire & Rubber Co's Equity to Asset Ratio for the quarter that ended in Mar. 2021 was 0.47.

The historical rank and industry rank for Cooper Tire & Rubber Co's Equity-to-Asset or its related term are showing as below:

CTB's Equity-to-Asset is not ranked *
in the Vehicles & Parts industry.
Industry Median: 0.47
* Ranked among companies with meaningful Equity-to-Asset only.

Cooper Tire & Rubber Co Equity-to-Asset Historical Data

The historical data trend for Cooper Tire & Rubber Co'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.

Cooper Tire & Rubber Co Equity-to-Asset Chart

Cooper Tire & Rubber Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.42 0.45 0.45 0.47

Cooper Tire & Rubber Co Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.42 0.41 0.46 0.47 0.47

Competitive Comparison of Cooper Tire & Rubber Co's Equity-to-Asset

For the Auto Parts subindustry, Cooper Tire & Rubber Co'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.


Cooper Tire & Rubber Co's Equity-to-Asset Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Cooper Tire & Rubber Co's Equity-to-Asset falls into.



Cooper Tire & Rubber Co 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.

Cooper Tire & Rubber Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=1388.899/2971.573
=0.47

Cooper Tire & Rubber Co's Equity to Asset Ratio for the quarter that ended in Mar. 2021 is calculated as

Equity to Asset (Q: Mar. 2021 )=Total Stockholders Equity/Total Assets
=1401.381/2957.082
=0.47

* 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.


Cooper Tire & Rubber Co  (NYSE:CTB) 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%.


Cooper Tire & Rubber Co Equity-to-Asset Related Terms

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


Cooper Tire & Rubber Co (Cooper Tire & Rubber Co) Business Description

Traded in Other Exchanges
N/A
Address
701 Lima Avenue, Findlay, OH, USA, 45840
Cooper Tire & Rubber Co is a manufacturer of replacement tires. It is engaged in design, manufacturing, and sales of passenger car, light truck, truck and bus radial, motorcycle and racing tires. The company has four geographical segments namely North America, Latin America, Europe, and Asia. It generates revenue from two sources Americas Tire and International Tire of which Americas Tire generates maximum revenue to the company. The company brands include Cooper, Mastercraft, Avon Tyres, Roadmaster, Starfire, Mickey Thompson, Dick Cepek, and Dean.
Executives
Steven M Chapman director 701 LIMA AVENUE, FINDLAY OH 45840
Brian C Walker director
Stephen Zamansky officer: Senior VP, Gen Counsel & Secy
Gerald C Bialek officer: VP, CFO & Treasurer 701 LIMA AVENUE, FINDLAY OH 45840
Paula S Whitesell officer: Senior Vice President 701 LIMA AVENUE FINDLAY OH 45840
Robert D Welding director 200 SOUTH MICHIGAN AVE, 200 SOUTH MICHIGAN AVE, CHICAGO IL 60604
Kathryn P Dickson director 1245 CEDAR LAKE ROAD S., MINNEAPOLIS MN 55416
Susan F Davis director
John J Holland director 26602 W. GREENTREE, OLATHE KS 66061
Gary S Michel director 800-E BEATY STREET, DAVIDSON NC 28036
Tracey Joubert director 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Mark A. Young officer: Principal Accounting Officer 701 LIMA AVENUE, FINDLAY OH 45840
Bradley E. Hughes director, officer: President, CEO 2420 BRADWAY BOULEVARD, BLOOMFIELD VILLAGE MI 48301
Thomas P Capo director 443 WEST MERRILL STREET, BIRMINGHAM MI 48009
Christopher J Eperjesy officer: SVP, CFO 505 HIGHWAY 169 NORTH, PLYMOUTH MN 55441