ICL Group (ICL Group) Equity-to-Asset : 0.50 (As of Dec. 2023)

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What is ICL Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ICL Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,768 Mil. ICL Group's Total Assets for the quarter that ended in Dec. 2023 was $11,627 Mil. Therefore, ICL Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.50.

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

ICL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3 Med: 0.41 Max: 0.5
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of ICL Group was 0.50. The lowest was 0.30. And the median was 0.41.

ICL's Equity-to-Asset is ranked worse than
55.38% of 251 companies
in the Agriculture industry
Industry Median: 0.53 vs ICL: 0.50

ICL Group Equity-to-Asset Historical Data

The historical data trend for ICL Group'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.

ICL Group Equity-to-Asset Chart

ICL Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.43

0.41

0.47

0.50

ICL Group 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															0.47	0.47	0.49	0.50	0.50

Competitive Comparison of ICL Group's Equity-to-Asset

For the Agricultural Inputs subindustry, ICL Group'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.

ICL Group's Equity-to-Asset Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, ICL Group's Equity-to-Asset distribution charts can be found below:

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

ICL Group 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.

ICL Group'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
	=	5768	/	11627
	=	0.50

ICL Group'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
	=	5768	/	11627
	=	0.50

ICL Group (NYSE:ICL) 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%.

ICL Group Equity-to-Asset Related Terms

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

ICL Group (ICL Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » ICL Group Ltd (NYSE:ICL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

ICL:Israel

Address

23 Aranha Street, P.O. Box 20245, Millennium Tower, Tel-Aviv, ISR, 61202

Website

https://www.icl-group.com

ICL Group Ltd is a manufacturer of products based on minerals. The firm is comprised of four segments: phosphate solutions, potash, industrial products, and growing solutions. These segments all contribute to the company's development of agriculture, food, and engineered material products and services. The company mines and manufactures potash and phosphates to be used as ingredients in fertilizers and serve as a component in the pharmaceutical and food additives industries. It is also engaged in industrial additives and materials, including flame retardants, phosphate salts, specialty phosphate blends, purified phosphoric acid, electronic-grade specialty phosphoric acids. Its geographical segments are Europe, Asia, North and South America, and the Rest of the world.