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Silgan Holdings (Silgan Holdings) Equity-to-Asset : 0.25 (As of Dec. 2023)


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What is Silgan Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Silgan Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,889 Mil. Silgan Holdings's Total Assets for the quarter that ended in Dec. 2023 was $7,611 Mil. Therefore, Silgan Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.25.

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

SLGN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.2   Max: 0.25
Current: 0.25

During the past 13 years, the highest Equity to Asset Ratio of Silgan Holdings was 0.25. The lowest was 0.15. And the median was 0.20.

SLGN's Equity-to-Asset is ranked worse than
88.69% of 389 companies
in the Packaging & Containers industry
Industry Median: 0.56 vs SLGN: 0.25

Silgan Holdings Equity-to-Asset Historical Data

The historical data trend for Silgan Holdings'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.

Silgan Holdings Equity-to-Asset Chart

Silgan Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.19 0.20 0.23 0.25

Silgan Holdings 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 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 0.23 0.23 0.24 0.23 0.25

Competitive Comparison of Silgan Holdings's Equity-to-Asset

For the Packaging & Containers subindustry, Silgan Holdings'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.


Silgan Holdings's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Silgan Holdings's Equity-to-Asset distribution charts can be found below:

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



Silgan Holdings 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.

Silgan Holdings'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
=1889.358/7611.236
=0.25

Silgan Holdings'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
=1889.358/7611.236
=0.25

* 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.


Silgan Holdings  (NYSE:SLGN) 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%.


Silgan Holdings Equity-to-Asset Related Terms

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


Silgan Holdings (Silgan Holdings) Business Description

Traded in Other Exchanges
Address
4 Landmark Square, Suite 400, Stamford, CT, USA, 06901
Silgan Holdings manufactures about half of the metal food containers in North America. Its major customers include Campbell Soup, Nestle, and Del Monte. Silgan's other business segments include plastic dispensers and containers for personal and healthcare products and a closures business that manufactures metal and plastic lids and caps.
Executives
Anthony J Allott officer: President and COO 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Thomas James Snyder officer: President - Silgan Containers C/O SILGAN CONTAINERS LLC, 21600 OXNARD STREET, SUITE 1600, WOODLAND HILLS CA 91367
Stacey J. Mcgrath officer: Vice President, Tax C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Joseph M Jordan director C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Robert B Lewis officer: EVP and CFO 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Shawn C Fabry officer: SVP, Corporate Development C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Kimberly Irene Ulmer officer: Vice President & Controller 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Niharika Ramdev director C/O XL HYBRIDS, INC., 145 NEWTON STREET, BOSTON MA 02135
Daniel Patrick Murphy officer: Vice President & Controller C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
B. Frederick Prinzen officer: Vice President, Corp. Dev. SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, STAMFORD CT 06901
Jay A Martin officer: Vice President P O BOX 5311, NEW CASTLE PA 16105
D Greg Horrigan director, 10 percent owner, officer: Co-Chairman and Co-CEO 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
William T Donovan director C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE SUITE 400, STAMFORD CT 06901
Kimberly A Fields director C/O ALLEGHENY TECHNOLOGIES INCORPORATED, 1000 SIX PPG PLACE, PITTSBURGH PA 15217
Anthony P Andreacchi officer: Vice President, Tax 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901

Silgan Holdings (Silgan Holdings) Headlines

From GuruFocus

Silgan Holdings Inc (SLGN) Reports Q3 2023 Earnings

By GuruFocus Research 10-25-2023

Silgan Announces Redemption of All Outstanding 4�% Senior Notes

By Business Wire Business Wire 02-24-2022

Silgan to Release First Quarter 2023 Earnings Results on April 26, 2023

By Business Wire Business Wire 03-27-2023

Silgan Announces Second Quarter 2023 Results

By Business Wire 07-26-2023

Silgan to Release Second Quarter 2022 Earnings Results on July 27, 2022

By Business Wire Business Wire 06-27-2022

Silgan Declares Quarterly Dividend

By Business Wire Business Wire 05-01-2023

Silgan Announces Authorization for Stock Repurchases

By Business Wire Business Wire 03-04-2022

Silgan Declares Quarterly Dividend

By Business Wire Business Wire 05-03-2022