Webco Industries (Webco Industries) Equity-to-Asset : 0.63 (As of Jul. 2023)

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What is Webco Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Webco Industries's Total Stockholders Equity for the quarter that ended in Jul. 2023 was $302.5 Mil. Webco Industries's Total Assets for the quarter that ended in Jul. 2023 was $483.7 Mil. Therefore, Webco Industries's Equity to Asset Ratio for the quarter that ended in Jul. 2023 was 0.63.

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

WEBC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52 Med: 0.57 Max: 0.63
Current: 0.63

During the past 13 years, the highest Equity to Asset Ratio of Webco Industries was 0.63. The lowest was 0.52. And the median was 0.57.

WEBC's Equity-to-Asset is ranked better than
65.98% of 632 companies
in the Steel industry
Industry Median: 0.53 vs WEBC: 0.63

Webco Industries Equity-to-Asset Historical Data

The historical data trend for Webco Industries'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.

Webco Industries Equity-to-Asset Chart

Webco Industries Annual Data

Trend

Jul05

Jul06

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul23

Equity-to-Asset

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0.56

0.61

0.58

0.52

0.63

Webco Industries Semi-Annual Data
	Jul95	Jul96	Jul97	Jul98	Jul99	Jul00	Jul01	Jul02	Jul03	Jul04	Jul05	Jul06	Jul12	Jul13	Jul14	Jul15	Jul16	Jul17	Jul18	Jul23
Equity-to-Asset	Get a 7-Day Free Trial															0.56	0.61	0.58	0.52	0.63

Competitive Comparison of Webco Industries's Equity-to-Asset

For the Steel subindustry, Webco Industries'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.

Webco Industries's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Webco Industries's Equity-to-Asset distribution charts can be found below:

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

Webco Industries 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.

Webco Industries's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	302.477	/	483.676
	=	0.63

Webco Industries's Equity to Asset Ratio for the quarter that ended in Jul. 2023 is calculated as

Equity to Asset (Q: Jul. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	302.477	/	483.676
	=	0.63

Webco Industries (OTCPK:WEBC) 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%.

Webco Industries Equity-to-Asset Related Terms

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

Webco Industries (Webco Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Webco Industries Inc (OTCPK:WEBC) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

9101 West 21st Street S, P.O. Box 100, Sand Springs, OK, USA, 74063

Website

https://www.webcotube.com

Webco Industries Inc is a specialty manufacturer of high-quality carbon and stainless steel tubing products that are designed to industry and customer specifications. The company's products include Welded tubing; Cold drawn- Welded and Cold drawn- Seamless. Its value-added services include bending, custom mill length, end formed/swaged, finning, heat treating, packaging, precision cutting, product availability and responsiveness.

Executives

Dana Suzette Weber	director, 10 percent owner, officer: Pres and COO
F William Weber	director, 10 percent owner, officer: Chmn and CEO
Bradley Scott Vetal	director	10701 E UTE STREET, TULSA OK 74116
Jack D Mccarthy	director
David Edward Boyer	officer: Sr VP - Tubing Oper and Secy
Michael Paul Howard	officer: Sr VP - Fin and Adm / CFO
Kenneth Eugene Case	director
Christopher Lee Kowalski	director, officer: Pres of 100% owned sub