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Saia (SAIA) Equity-to-Asset

: 0.75 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Saia's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,941 Mil. Saia's Total Assets for the quarter that ended in Dec. 2023 was $2,584 Mil. Therefore, Saia's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.75.

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

SAIA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.55   Med: 0.61   Max: 0.75
Current: 0.75

During the past 13 years, the highest Equity to Asset Ratio of Saia was 0.75. The lowest was 0.55. And the median was 0.61.

SAIA's Equity-to-Asset is ranked better than
87.27% of 982 companies
in the Transportation industry
Industry Median: 0.49 vs SAIA: 0.75

Saia Equity-to-Asset Historical Data

The historical data trend for Saia'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.

Saia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.58 0.62 0.66 0.73 0.75

Saia Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.73 0.74 0.75 0.74 0.75

Competitive Comparison

For the Trucking subindustry, Saia'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.


Saia Equity-to-Asset Distribution

For the Transportation industry and Industrials sector, Saia's Equity-to-Asset distribution charts can be found below:

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



Saia 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.

Saia'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
=1941.494/2583.565
=0.75

Saia's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1941.494/2583.565
=0.75

* 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.


Saia  (NAS:SAIA) 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%.


Saia Equity-to-Asset Related Terms

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


Saia (SAIA) Business Description

Traded in Other Exchanges
Address
11465 Johns Creek Parkway, Suite 400, Johns Creek, GA, USA, 30097
Saia ranks among the 10 largest less-than-truckload carriers in the United States, with more than 190 facilities and a fleet of about 6,200 tractors and 20,800 trailers. As a national LTL carrier, the firm offers time-definite and expedited options for shipments ranging between 100 and 10,000 pounds. Saia ranks among the top-tier providers in terms of profitability.
Executives
Di-ann Eisnor director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Raymond R Ramu officer: Chief Customer Officer 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Patrick D Sugar officer: EVP Operations 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Holzgrefe Frederick J Iii officer: VP Finance, CFO and Secretary 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Douglas L Col officer: VP Finance, CFO 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Susan F Ward director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Donna E Epps director 11465 JOHNS CREEK PARKWAY, SUITE400, JOHNS CREEK GA 30097
Richard D Odell officer: President & CEO of Saia 11465 JOHNS CREEK PARKWAY, STE 400, JOHNS CREEK GA 30097
Anthony R Norwood officer: EVP & CHRO 11465 JOHNS CREEK PARKWAY, JOHNS CREEK GA 30097
Kelly W Benton officer: VP & Controller 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Rohit Lal officer: VP Information Technology, CIO 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Kevin A Henry director 13024 BALLANTYNE CORPORATE PLACE, HARRIS BUILDING, SUITE 900, CHARLOTTE NC 28277
Donald R James director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Karla J Staver officer: VP Safety and Human Resources 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Stephanie R Maschmeier officer: Controller 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097

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