TPB has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
TPB has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Turning Point Brands's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $160.0 Mil. Turning Point Brands's Total Assets for the quarter that ended in Mar. 2024 was $586.3 Mil. Therefore, Turning Point Brands's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.27.
The historical rank and industry rank for Turning Point Brands's Equity-to-Asset or its related term are showing as below:
During the past 11 years, the highest Equity to Asset Ratio of Turning Point Brands was 0.28. The lowest was -0.37. And the median was 0.21.
The historical data trend for Turning Point Brands'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.
Turning Point Brands Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Equity-to-Asset | Get a 7-Day Free Trial | 0.24 | 0.23 | 0.22 | 0.20 | 0.27 |
Turning Point Brands Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Equity-to-Asset | Get a 7-Day Free Trial | 0.21 | 0.23 | 0.25 | 0.27 | 0.27 |
For the Tobacco subindustry, Turning Point Brands'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.
For the Tobacco Products industry and Consumer Defensive sector, Turning Point Brands's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Turning Point Brands's Equity-to-Asset falls into.
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.
Turning Point Brands'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 |
= | 150.976 | / | 569.356 | |
= | 0.27 |
Turning Point Brands's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as
Equity to Asset (Q: Mar. 2024 ) | = | Total Stockholders Equity | / | Total Assets |
= | 159.964 | / | 586.316 | |
= | 0.27 |
* 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.
Turning Point Brands (NYSE:TPB) 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%.
Thank you for viewing the detailed overview of Turning Point Brands's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Stephen Usher | director | 5201 INTERCHANGE WAY, LOUISVILLE KY 40229 |
David Edward Glazek | director, officer: Executive Chairman | 767 FIFTH AVENUE 12TH FL, NEW YORK NY 10153 |
Graham Purdy | officer: President & CEO | 12442 POPLAR WOOD DRIVE, GOSHEN KY 40026 |
Brittani Cushman | officer: Sr VP, General Counsel | 5201 INTERCHANGE WAY, LOUISVILLE KY 40229 |
Luis Reformina | officer: Sr VP, CFO | 5201 INTERCHANGE WAY, LOUISVILLE KY 40229 |
Rohith Reddy | director | 5201 INTERCHANGE WAY, LOUISVILLE KY 40229 |
Zimmerman Arnold | director | 925 PARK AVE, 2A, NEW YORK NY 10028 |
Assia Grazioli-venier | director | C/O MARQUEE RAINE ACQUISITION CORP., 65 EAST 55TH STREET, 24TH FLOOR, NEW YORK NY 10022 |
Ashley Davis Frushone | director | 5201 INTERCHANGE WAY, LOUISVILLE KY 40229 |
Diao H.c. Charles | director | 1775 TYSONS BOULEVARD, TYSONS VA 22102 |
Standard General L.p. | 10 percent owner | 767 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10153 |
Yavor Efremov | director | 1 ALLIED DRIVE, SUITE 1705, LITTLE ROCK TX 72202 |
Lawrence Wexler | director, officer: President and CEO | 393 CARTER STREET, NEW CANAAN CT 06840 |
Standard Diversified Inc. | 10 percent owner | 767 5TH AVENUE, 12TH FLOOR, NEW YORK NY 10153 |
Robert M. Lavan | officer: SVP and CFO | 5201 INTERCHANGE WAY, LOUISVILLE KY 40229 |
From GuruFocus
By GuruFocusNews GuruFocusNews • 07-08-2022
By Business Wire Business Wire • 02-24-2022
By Business Wire Business Wire • 04-19-2023
By Business Wire Business Wire • 12-16-2021
By Business Wire • 10-30-2023
By Business Wire Business Wire • 05-03-2023
By Business Wire Business Wire • 08-03-2022
By Business Wire Business Wire • 12-06-2021
By Business Wire Business Wire • 12-06-2021
By GuruFocusNews GuruFocusNews • 06-28-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.