Equity to Asset ratio is calculated as total stockholders equity divided by total asset. APi Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $2,301 Mil. APi Group's Total Assets for the quarter that ended in Mar. 2024 was $7,192 Mil.
Therefore, APi Group's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.32.
The historical rank and industry rank for APi Group's Equity-to-Asset or its related term are showing as below:
APG'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26 Med: 0.35 Max: 1
Current: 0.32
During the past 6 years, the highest Equity to Asset Ratio of APi Group was 1.00. The lowest was 0.26. And the median was 0.35.
APG's Equity-to-Asset is ranked worse than 70.39% of 1685
companies
in the Construction industry
Industry Median: 0.44
vs APG: 0.32
APi Group Equity-to-Asset Historical Data
The historical data trend for APi Group'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 APi Group's Equity-to-Asset
For the Engineering & Construction subindustry, APi Group'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.
APi Group's Equity-to-Asset Distribution in the Construction Industry
For the Construction industry and Industrials sector, APi Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where APi Group's Equity-to-Asset falls into.
APi Group 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.
APi Group'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.
APi Group (NYSE:APG) 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%.
APi Group Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of APi Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
APi Group Corp operates in two operating segments, 1) Safety Services segment includes providing safety services in North America, Asia Pacific, and Europe, focusing on end-to-end integrated occupancy systems (fire protection solutions, Heating, Ventilation, and Air Conditioning and entry systems), including design, installation, inspection, and service of these integrated systems. These services are provided in commercial, education, healthcare, high tech, industrial, and special-hazard settings. 2) Specialty Services segment includes providing a variety of infrastructure services and specialized industrial plant services, which include maintenance and repair of critical infrastructure such as underground electric, gas, water, sewer, and telecommunications infrastructure.
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