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AGC (ASGLY) Equity-to-Asset : 0.49 (As of Dec. 2023)


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What is AGC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AGC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $10,050 Mil. AGC's Total Assets for the quarter that ended in Dec. 2023 was $20,371 Mil. Therefore, AGC's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.49.

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

ASGLY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.5   Max: 0.55
Current: 0.49

During the past 13 years, the highest Equity to Asset Ratio of AGC was 0.55. The lowest was 0.44. And the median was 0.50.

ASGLY's Equity-to-Asset is ranked worse than
66.09% of 1572 companies
in the Chemicals industry
Industry Median: 0.59 vs ASGLY: 0.49

AGC Equity-to-Asset Historical Data

The historical data trend for AGC'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.

AGC Equity-to-Asset Chart

AGC 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 0.50 0.44 0.49 0.49 0.49

AGC 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 0.49 0.49 0.50 0.49 0.49

Competitive Comparison of AGC's Equity-to-Asset

For the Specialty Chemicals subindustry, AGC'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.


AGC's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, AGC's Equity-to-Asset distribution charts can be found below:

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



AGC 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.

AGC'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
=10050.458/20370.61
=0.49

AGC'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
=10050.458/20370.61
=0.49

* 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.


AGC  (OTCPK:ASGLY) 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%.


AGC Equity-to-Asset Related Terms

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


AGC (ASGLY) Business Description

Traded in Other Exchanges
Address
1-5-1, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8405
AGC Inc produces and sells glass and glass-related products in two segments based on product type: Automotive glass and Float glass. The Automotive glass segment, which generates the majority of revenue, is the largest automotive glass supplier in India. The Float glass segment manufactures and sells glass products to the architectural, interior design, and construction industries. The segment also produces solar glass, which is used for solar power generation. Nearly all of the company's revenue comes from India.

AGC (ASGLY) Headlines

From GuruFocus

AGC: The World's Largest Glass Manufacturer

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