Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Manitowoc Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $603 Mil. Manitowoc Co's Total Assets for the quarter that ended in Dec. 2023 was $1,707 Mil.
Therefore, Manitowoc Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.35.
The historical rank and industry rank for Manitowoc Co's Equity-to-Asset or its related term are showing as below:
MTW'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22 Med: 0.38 Max: 0.42
Current: 0.35
During the past 13 years, the highest Equity to Asset Ratio of Manitowoc Co was 0.42. The lowest was 0.22. And the median was 0.38.
MTW's Equity-to-Asset is ranked worse than 71.29% of 209
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.47
vs MTW: 0.35
Manitowoc Co Equity-to-Asset Historical Data
The historical data trend for Manitowoc 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.
For the Farm & Heavy Construction Machinery subindustry, Manitowoc 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.
Manitowoc Co Equity-to-Asset Distribution
For the Farm & Heavy Construction Machinery industry and Industrials sector, Manitowoc Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Manitowoc Co's Equity-to-Asset falls into.
Manitowoc 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.
Manitowoc Co'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.
Manitowoc Co (NYSE:MTW) 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%.
Manitowoc Co Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Manitowoc Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Manitowoc Co Inc provides engineered lifting solutions. It designs and manufactures mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, and boom trucks. It offers products under brand names such as Grove, Manitowoc, National Crane, Potain, Shuttlelift, and Manitowoc Crane Care. Its crane products serve dealers, rental companies, contractors, and government entities in diverse markets, including energy production/distribution and utility, petrochemical and industrial, infrastructure, and commercial/residential construction. Manitowoc has three reportable segments: the Americas, Europe and Africa, and the Middle East and Asia-Pacific. The Americas segment provides the largest revenue stream to the firm.
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