Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CBL International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $25.3 Mil. CBL International's Total Assets for the quarter that ended in Dec. 2023 was $53.5 Mil.
Therefore, CBL International's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.47.
The historical rank and industry rank for CBL International's Equity-to-Asset or its related term are showing as below:
BANL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21 Med: 0.39 Max: 0.47
Current: 0.47
During the past 4 years, the highest Equity to Asset Ratio of CBL International was 0.47. The lowest was 0.21. And the median was 0.39.
BANL's Equity-to-Asset is ranked worse than 54.85% of 1092
companies
in the Oil & Gas industry
Industry Median: 0.5
vs BANL: 0.47
CBL International Equity-to-Asset Historical Data
The historical data trend for CBL International'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 CBL International's Equity-to-Asset
For the Oil & Gas Midstream subindustry, CBL International'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.
CBL International's Equity-to-Asset Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CBL International's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where CBL International's Equity-to-Asset falls into.
CBL International 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.
CBL International'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.
CBL International (NAS:BANL) 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%.
CBL International Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of CBL International's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
CBL International (CBL International) Business Description
CBL International ltd is a marine fuel logistics company providing a one-stop solution for vessel refueling. It purchases marine fuel from its suppliers and arranges for its suppliers to actually deliver marine fuel to its customers. The company derives a majority of its revenue from China followed by Hong Kong and Malaysia.
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