ArcelorMittal (ArcelorMittal) Equity-to-Asset

: 0.58 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ArcelorMittal's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $53,961 Mil. ArcelorMittal's Total Assets for the quarter that ended in Dec. 2023 was $93,917 Mil. Therefore, ArcelorMittal's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.58.

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

MT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33 Med: 0.46 Max: 0.58
Current: 0.58

During the past 13 years, the highest Equity to Asset Ratio of ArcelorMittal was 0.58. The lowest was 0.33. And the median was 0.46.

MT's Equity-to-Asset is ranked better than
58.95% of 631 companies
in the Steel industry
Industry Median: 0.54 vs MT: 0.58

ArcelorMittal Equity-to-Asset Historical Data

The historical data trend for ArcelorMittal'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.

ArcelorMittal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.44

0.47

0.54

0.56

0.58

ArcelorMittal 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																0.56	0.57	0.58	0.59	0.58

Competitive Comparison

For the Steel subindustry, ArcelorMittal'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.

ArcelorMittal Equity-to-Asset Distribution

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

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

ArcelorMittal 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.

ArcelorMittal'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
	=	53961	/	93917
	=	0.57

ArcelorMittal'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
	=	53961	/	93917
	=	0.57

ArcelorMittal (NYSE:MT) 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%.

ArcelorMittal Equity-to-Asset Related Terms

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

ArcelorMittal (ArcelorMittal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ArcelorMittal SA (NYSE:MT) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

AMSYF:USA MT:Netherlands MT:Mexico MTa:UK 0RP9:UK MTS:Spain ARRD:Germany ARMT34:Brazil MT:Austria

Address

24-26, Boulevard d’Avranches, Luxembourg, LUX, L-1160

Website

http://www.arcelormittal.com

ArcelorMittal SA is involved in the steel industry. The company's operating segments include NAFTA; Brazil; Europe; ACIS; Mining and others. It generates maximum revenue from the Europe segment. Europe segment produces hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. These products are sold primarily to customers in the automotive, general, and packaging sectors as well as also produce long products consisting of sections, wire rods, rebar, billets, blooms and wire drawing, and tubular products. Geographically, it derives a majority of its revenue from Brazil.