Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BAE Systems's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $13,366 Mil. BAE Systems's Total Assets for the quarter that ended in Dec. 2023 was $40,587 Mil.
Therefore, BAE Systems's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.33.
The historical rank and industry rank for BAE Systems's Equity-to-Asset or its related term are showing as below:
BAESY'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09 Med: 0.21 Max: 0.36
Current: 0.33
During the past 13 years, the highest Equity to Asset Ratio of BAE Systems was 0.36. The lowest was 0.09. And the median was 0.21.
BAESY's Equity-to-Asset is ranked worse than 64.42% of 312
companies
in the Aerospace & Defense industry
Industry Median: 0.445
vs BAESY: 0.33
BAE Systems Equity-to-Asset Historical Data
The historical data trend for BAE Systems'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 BAE Systems's Equity-to-Asset
For the Aerospace & Defense subindustry, BAE Systems'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.
BAE Systems's Equity-to-Asset Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, BAE Systems's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where BAE Systems's Equity-to-Asset falls into.
BAE Systems 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.
BAE Systems'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.
BAE Systems (OTCPK:BAESY) 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%.
BAE Systems Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of BAE Systems's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
BAE Systems is a British global defense, security, and aerospace company and the largest defense contractor in Europe; it is one of six prime contractors to the U.S. Department of Defense. For reporting purposes, the company has five operating segments: electronics systems is the group's U.S.- and U.K.-based electronic warfare systems; the cyber, security, and intelligence segment supplies intelligence and security solutions to the U.S. government; platforms and services manufactures combat vehicles and munitions and performs ship repair services to the U.S. Defense Department; the air segment includes BAE's share of U.S. and European air programs as well as its businesses in Saudi Arabia and Australia; and the maritime segment comprises U.K. land- and marine-based activities.
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