Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Equifax's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $4,562 Mil. Equifax's Total Assets for the quarter that ended in Mar. 2024 was $12,251 Mil.
Therefore, Equifax's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.37.
The historical rank and industry rank for Equifax's Equity-to-Asset or its related term are showing as below:
EFX'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31 Med: 0.37 Max: 0.51
Current: 0.37
During the past 13 years, the highest Equity to Asset Ratio of Equifax was 0.51. The lowest was 0.31. And the median was 0.37.
EFX's Equity-to-Asset is ranked worse than 66.7% of 1090
companies
in the Business Services industry
Industry Median: 0.49
vs EFX: 0.37
Equifax Equity-to-Asset Historical Data
The historical data trend for Equifax'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.
Competitive Comparison of Equifax's Equity-to-Asset
For the Consulting Services subindustry, Equifax'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.
Equifax's Equity-to-Asset Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Equifax's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Equifax's Equity-to-Asset falls into.
Equifax 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.
Equifax'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.
Equifax (NYSE:EFX) 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%.
Equifax Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Equifax's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Along with Experian and TransUnion, Equifax is one of the leading credit bureaus in the United States. Equifax's credit reports provide credit histories on millions of consumers, and the firm's services are critical to lenders' credit decisions. In addition, about a third of the firm's revenue comes from workforce solutions, which provides income verification and employer human resources services. Equifax generates over 20% of its revenue from outside the United States.
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