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Tenneco (Tenneco) Equity-to-Asset : -0.05 (As of Sep. 2022)


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What is Tenneco Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tenneco's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $-519 Mil. Tenneco's Total Assets for the quarter that ended in Sep. 2022 was $10,952 Mil. Therefore, Tenneco's Equity to Asset Ratio for the quarter that ended in Sep. 2022 was -0.05.

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

TEN' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.12   Med: 0.07   Max: 0.53
Current: -0.05

During the past 13 years, the highest Equity to Asset Ratio of Tenneco was 0.53. The lowest was -0.12. And the median was 0.07.

TEN's Equity-to-Asset is not ranked
in the Vehicles & Parts industry.
Industry Median: 0.47 vs TEN: -0.05

Tenneco Equity-to-Asset Historical Data

The historical data trend for Tenneco'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.

Tenneco Equity-to-Asset Chart

Tenneco Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.13 0.11 -0.01 0.01

Tenneco Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -0.01 0.01 0.01 -0.02 -0.05

Competitive Comparison of Tenneco's Equity-to-Asset

For the Auto Parts subindustry, Tenneco'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.


Tenneco's Equity-to-Asset Distribution in the Vehicles & Parts Industry

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

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



Tenneco 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.

Tenneco's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=85/11622
=0.01

Tenneco's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=-519/10952
=-0.05

* 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.


Tenneco  (NYSE:TEN) 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%.


Tenneco Equity-to-Asset Related Terms

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


Tenneco (Tenneco) Business Description

Traded in Other Exchanges
N/A
Address
500 North Field Drive, Lake Forest, IL, USA, 60045
Tenneco's emissions-control products meet strict air-quality legislation, optimize engine performance, improve fuel economy, and acoustically tune engine sound to fit a vehicle's profile. Ride-control products enhance safety by enabling improved steering, braking, and acceleration as well as ride comfort. Champion, Fel-Pro, Moog, Monroe, and Walker are some of Tenneco's well-known aftermarket brands. In 2021, 40% of revenue came from North America, 36% from Europe, 18% from China, and 6% other regions.
Executives
Nathan P. Bowen officer: Executive Vice President* 7450 N. MCCORMICK BLVD, SKOKIE IL 60076
Jane L Warner director C;/O WESTVACO CORP, ONE HIGH RIDGE PARK, STAMFORD CT 06905
James S Metcalf director USG CORP, 125 S FRANKLIN STREET DEPT 188, CHICAGO IL 60606
Dennis J Letham director C/O TENNECO INC, 500 FIELD DRIVE, LAKE FOREST IL 60045
Michelle Kumbier director 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
John W. Wehrenberg officer: Executive Vice President* 7450 N. MCCORMICK BLVD., SKOKIE IL 60076
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Sabatino Thomas J Jr officer: Executive Vice President* C/O JAN STERN REED BAXTER INTERNATIONAL, ONE BAXTER PARKWAY DF2 2W, DEERFIELD IL 60015
John S Stroup director 1 N. BRENTWOOD BLVD., SUITE 1500, ST. LOUIS MO 63105
Matti Masanovich officer: Executive Vice President* COLLINS & AIKMAN CORPORATION, 250 STEPHENSON HIGHWAY, TROY MI 48083
Scott Usitalo officer: Executive Vice President 7450 N. MCCORMICK BLVD., SKOKIE IL 60076
Thomas C Freyman director 500 NORTH FIELD DRIVE, LAKE FOREST IL 60045
Kevin Baird officer: Executive Vice President* 500 NORTH FIELD DRIVE, LAKE FOREST IL 60045
Aleksandra A Miziolek director C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Roy V Armes director