Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The Middleby's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,250 Mil. The Middleby's Total Assets for the quarter that ended in Dec. 2023 was $6,907 Mil.
Therefore, The Middleby's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.47.
The historical rank and industry rank for The Middleby's Equity-to-Asset or its related term are showing as below:
MIDD'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37 Med: 0.41 Max: 0.49
Current: 0.47
During the past 13 years, the highest Equity to Asset Ratio of The Middleby was 0.49. The lowest was 0.37. And the median was 0.41.
MIDD's Equity-to-Asset is ranked worse than 63.99% of 3024
companies
in the Industrial Products industry
Industry Median: 0.56
vs MIDD: 0.47
The Middleby Equity-to-Asset Historical Data
The historical data trend for The Middleby'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.
For the Specialty Industrial Machinery subindustry, The Middleby'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 Middleby Equity-to-Asset Distribution
For the Industrial Products industry and Industrials sector, The Middleby's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where The Middleby's Equity-to-Asset falls into.
The Middleby 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 Middleby'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.
The Middleby (NAS:MIDD) 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 Middleby Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of The Middleby's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
The Middleby Corp is engaged in designing, manufacturing, marketing, distribution and service of a broad line of foodservice equipment used in all types of commercial restaurants and institutional kitchens, food preparation, cooking, baking, chilling and packaging equipment for food processing operations, and premium kitchen equipment including ranges, ovens, refrigerators, ventilation, dishwashers and outdoor cooking equipment primarily used in the residential market. The company conducts its business through three principal business segments namely the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The firm derives majority revenue from Commercial Foodservice Equipment Group segment.
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