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Rogers Communications (Rogers Communications) Equity-to-Asset

: 0.15 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rogers Communications's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7,782 Mil. Rogers Communications's Total Assets for the quarter that ended in Dec. 2023 was $51,641 Mil. Therefore, Rogers Communications's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.15.

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

RCI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.23   Max: 0.26
Current: 0.15

During the past 13 years, the highest Equity to Asset Ratio of Rogers Communications was 0.26. The lowest was 0.15. And the median was 0.23.

RCI's Equity-to-Asset is ranked worse than
86.26% of 393 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs RCI: 0.15

Rogers Communications Equity-to-Asset Historical Data

The historical data trend for Rogers Communications'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.

Rogers Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.25 0.25 0.18 0.15

Rogers Communications 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 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 Premium Member Only Premium Member Only Premium Member Only 0.18 0.18 0.17 0.15 0.15

Competitive Comparison

For the Telecom Services subindustry, Rogers Communications'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.


Rogers Communications Equity-to-Asset Distribution

For the Telecommunication Services industry and Communication Services sector, Rogers Communications's Equity-to-Asset distribution charts can be found below:

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



Rogers Communications 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.

Rogers Communications'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
=7781.753/51641.324
=0.15

Rogers Communications'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
=7781.753/51641.324
=0.15

* 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.


Rogers Communications  (NYSE:RCI) 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%.


Rogers Communications Equity-to-Asset Related Terms

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


Rogers Communications (Rogers Communications) Business Description

Traded in Other Exchanges
Address
333 Bloor Street East, 10th Floor, Toronto, ON, CAN, M4W 1G9
Rogers Communications is the largest wireless service provider in Canada, with its more than 10 million subscribers equating to one third of the total Canadian market. Its wireless business accounted for more than half of total revenue and has increasingly been providing a bigger portion of total company sales over the last several years. Rogers' cable segment, which provides about 40% of total revenue after acquiring Shaw, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and the Toronto Blue Jays. Rogers' significant exposure to sports also includes ownership stakes in the Toronto Maple Leafs, Raptors, FC, and Argonauts.