Equity to Asset ratio is calculated as total stockholders equity divided by total asset. RPM International's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $2,347 Mil. RPM International's Total Assets for the quarter that ended in Feb. 2024 was $6,382 Mil.
Therefore, RPM International's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.37.
The historical rank and industry rank for RPM International's Equity-to-Asset or its related term are showing as below:
RPM'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22 Med: 0.29 Max: 0.37
Current: 0.37
During the past 13 years, the highest Equity to Asset Ratio of RPM International was 0.37. The lowest was 0.22. And the median was 0.29.
RPM's Equity-to-Asset is ranked worse than 82.7% of 1572
companies
in the Chemicals industry
Industry Median: 0.59
vs RPM: 0.37
RPM International Equity-to-Asset Historical Data
The historical data trend for RPM International'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 RPM International's Equity-to-Asset
For the Specialty Chemicals subindustry, RPM International'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.
RPM International's Equity-to-Asset Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, RPM International's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where RPM International's Equity-to-Asset falls into.
RPM International 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.
RPM International's Equity to Asset Ratio for the fiscal year that ended in May. 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.
RPM International (NYSE:RPM) 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%.
RPM International Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of RPM International's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
RPM International (RPM International) Business Description
RPM International Inc manufactures and sells a variety of paints, coatings, and adhesives. The firm organizes itself into four segments based on product type. The construction products group sells coatings, roofing, insulation, and other products to distributers, contractors, and end consumers globally. The performance coatings group produces coatings that are used in construction and industrial applications like floorings and corrosion control. The consumer group sells paint, finishes, and similar products to individual consumers through hardware and craft stores. The specialty products group sells a variety of products ranging from niche applications of the other groups, to marine finishes, to edible food colorings. The majority of revenue comes from North America.
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