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AZEK (The AZEK Co) Equity-to-Asset : 0.60 (As of Jun. 2024)


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What is The AZEK Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The AZEK Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $1,393 Mil. The AZEK Co's Total Assets for the quarter that ended in Jun. 2024 was $2,341 Mil. Therefore, The AZEK Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.60.

The historical rank and industry rank for The AZEK Co's Equity-to-Asset or its related term are showing as below:

AZEK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.6   Max: 0.68
Current: 0.6

During the past 6 years, the highest Equity to Asset Ratio of The AZEK Co was 0.68. The lowest was 0.26. And the median was 0.60.

AZEK's Equity-to-Asset is ranked better than
73.04% of 1710 companies
in the Construction industry
Industry Median: 0.45 vs AZEK: 0.60

The AZEK Co Equity-to-Asset Historical Data

The historical data trend for The AZEK Co'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.

* Premium members only.

The AZEK Co Equity-to-Asset Chart

The AZEK Co Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial 0.27 0.68 0.65 0.60 0.60

The AZEK Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.60 0.59 0.60 0.60

Competitive Comparison of The AZEK Co's Equity-to-Asset

For the Building Products & Equipment subindustry, The AZEK Co'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.


The AZEK Co's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, The AZEK Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where The AZEK Co's Equity-to-Asset falls into.



The AZEK Co 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.

The AZEK Co's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=1410.313/2343.876
=0.60

The AZEK Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=1393.012/2340.728
=0.60

* 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.


The AZEK Co  (NYSE:AZEK) 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%.


The AZEK Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of The AZEK Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


The AZEK Co Business Description

Traded in Other Exchanges
N/A
Address
1330 W Fulton Street, Suite 350, Chicago, IL, USA, 60607
The AZEK Co Inc is a designer and manufacturer of beautiful, low maintenance and environmentally sustainable products focused on the fast-growing Outdoor Living market. Its portfolio of products includes decks, rail, trim, outdoor furniture among others. The company operates in two segments which are Residential and Commercial. It generates maximum revenue from the Residential segment. The company's brand includes TimberTech; AZEK; Versatex, Ultralox, StruXure, and Intex.
Executives
Jonathan Skelly officer: See Remarks 1330 W. FULTON MARKET STREET, SUITE 350, CHICAGO IL 60607
Jesse G Singh director, officer: CEO and President 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Pamela J Edwards director 104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Amanda Cimaglia officer: VP of ESG and IR 1330 WEST FULTON MARKET STREET, SUITE 350, CHICAGO IL 60607
Michelle A Kasson officer: Chief Information Officer 1330 W. FULTON MARKET STREET, SUITE 350, CHICAGO IL 60607
Samara Toole officer: Chief Marketing Officer 1330 W FULTON STREET, SUITE 350, CHICAGO IL 60607
Randy Herth officer: Chief Accounting Officer 1330 W. FULTON ST., SUITE 350, CHICAGO IL 60607
Harmit J Singh director 71 SOUTH WACKER DRIVE, 12TH FLOOR, CHICAGO IL 60606
Ares Corporate Opportunities Fund Iv, L.p. director, 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ontario Teachers Pension Plan Board director, 10 percent owner 5650 YONGE STREET, TORONTO A6 M2M 4H5
Christopher Latkovic officer: SVP, Operations 1330 W. FULTON STREET, SUITE 350, CHICAGO IL 60607
Gary E Hendrickson director 1101 THIRD STREET SOUTH, MINNEAPOLIS MN 55415
Vernon J Nagel director 1330 W. FULTON STREET, SUITE 350, CHICAGO IL 60607
Sandra Lamartine officer: CHRO 1330 WEST FULTON MARKET STREET, SUITE 350, CHICAGO IL 60607
Peter G Clifford officer: CFO 40 TOURNAMENT DRIVE SOUTH, HAWTHORN WOODS IL 60047