Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Scott's Liquid Gold's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3.27 Mil. Scott's Liquid Gold's Total Assets for the quarter that ended in Dec. 2023 was $6.37 Mil.
Therefore, Scott's Liquid Gold's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.51.
The historical rank and industry rank for Scott's Liquid Gold's Equity-to-Asset or its related term are showing as below:
SLGD'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26 Med: 0.79 Max: 0.91
Current: 0.51
During the past 13 years, the highest Equity to Asset Ratio of Scott's Liquid Gold was 0.91. The lowest was 0.26. And the median was 0.79.
SLGD's Equity-to-Asset is ranked worse than 52.95% of 1917
companies
in the Consumer Packaged Goods industry
Industry Median: 0.53
vs SLGD: 0.51
Scott's Liquid Gold Equity-to-Asset Historical Data
The historical data trend for Scott's Liquid Gold'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 Household & Personal Products subindustry, Scott's Liquid Gold'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.
Scott's Liquid Gold Equity-to-Asset Distribution
For the Consumer Packaged Goods industry and Consumer Defensive sector, Scott's Liquid Gold's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Scott's Liquid Gold's Equity-to-Asset falls into.
Scott's Liquid Gold 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.
Scott's Liquid Gold'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.
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%.
Scott's Liquid Gold Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Scott's Liquid Gold's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Scott's Liquid Gold (Scott's Liquid Gold) Business Description
Scott's Liquid Gold Inc develop, market, and sell high-quality, high-value household and personal care products. Its business is divided into two operating segments: household products and health and beauty care products. Its family of brands includes Scott's Liquid Gold, Alpha Skin Care, Prell, Denorex, Kids N Pets, 7th Heaven by Montagne Jeunesse, and Batiste Dry Shampoo. The company generates a vast majority of its revenues from the Household Products segment.
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