Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BlueScope Steel's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6,989 Mil. BlueScope Steel's Total Assets for the quarter that ended in Dec. 2023 was $10,221 Mil.
Therefore, BlueScope Steel's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.68.
The historical rank and industry rank for BlueScope Steel's Equity-to-Asset or its related term are showing as below:
BLSFY'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49 Med: 0.58 Max: 0.68
Current: 0.68
During the past 13 years, the highest Equity to Asset Ratio of BlueScope Steel was 0.68. The lowest was 0.49. And the median was 0.58.
BLSFY's Equity-to-Asset is ranked better than 73.58% of 632
companies
in the Steel industry
Industry Median: 0.54
vs BLSFY: 0.68
BlueScope Steel Equity-to-Asset Historical Data
The historical data trend for BlueScope Steel'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.
Competitive Comparison of BlueScope Steel's Equity-to-Asset
For the Steel subindustry, BlueScope Steel'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.
BlueScope Steel's Equity-to-Asset Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, BlueScope Steel's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where BlueScope Steel's Equity-to-Asset falls into.
BlueScope Steel 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.
BlueScope Steel's Equity to Asset Ratio for the fiscal year that ended in Jun. 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.
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%.
BlueScope Steel Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of BlueScope Steel's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
BlueScope Steel (BlueScope Steel) Business Description
BlueScope is an Australian-based steelmaking firm with five business units. The Australian Steel Products segment mainly specializes in branded coated and painted flat steel products, sold domestically. North Star is the group's U.S. mini-mill specializing in the production of hot rolled coil for U.S. construction and automotive sectors. Building Products Asia and North America operate across Southeast Asia, China, India, and the U.S. West Coast involved in metal-coating, painting, and roll-forming. New Zealand Steel and the Pacific Islands business produces flat and long steel products for New Zealand and building components for the Pacific Islands. The Buildings North America segment specializes in non-residential buildings, including materials manufacturing and support services.
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