Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Universal Stainless & Alloy Products's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $226.0 Mil. Universal Stainless & Alloy Products's Total Assets for the quarter that ended in Dec. 2023 was $356.7 Mil.
Therefore, Universal Stainless & Alloy Products's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.63.
The historical rank and industry rank for Universal Stainless & Alloy Products's Equity-to-Asset or its related term are showing as below:
USAP'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57 Med: 0.63 Max: 0.75
Current: 0.63
During the past 13 years, the highest Equity to Asset Ratio of Universal Stainless & Alloy Products was 0.75. The lowest was 0.57. And the median was 0.63.
USAP's Equity-to-Asset is ranked better than 66.24% of 631
companies
in the Steel industry
Industry Median: 0.54
vs USAP: 0.63
Universal Stainless & Alloy Products Equity-to-Asset Historical Data
The historical data trend for Universal Stainless & Alloy Products'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 Steel subindustry, Universal Stainless & Alloy Products'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.
Universal Stainless & Alloy Products Equity-to-Asset Distribution
For the Steel industry and Basic Materials sector, Universal Stainless & Alloy Products's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Universal Stainless & Alloy Products's Equity-to-Asset falls into.
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.
Universal Stainless & Alloy Products'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.
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%.
Universal Stainless & Alloy Products Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Universal Stainless & Alloy Products's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Universal Stainless & Alloy Products Inc manufactures and markets semi-finished and finished specialty steel products, including stainless steel, nickel alloys, tool steel, and certain other alloyed steels. The company along with its subsidiaries involves melting, remelting, heat treating, hot and cold rolling, forging, machining and cold drawing of semi-finished and finished specialty steels.
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