Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Orion's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $492 Mil. Orion's Total Assets for the quarter that ended in Mar. 2024 was $1,875 Mil.
Therefore, Orion's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.26.
The historical rank and industry rank for Orion's Equity-to-Asset or its related term are showing as below:
OEC'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.07 Med: 0.12 Max: 0.26
Current: 0.26
During the past 12 years, the highest Equity to Asset Ratio of Orion was 0.26. The lowest was -0.07. And the median was 0.12.
OEC's Equity-to-Asset is ranked worse than 91.78% of 1570
companies
in the Chemicals industry
Industry Median: 0.59
vs OEC: 0.26
Orion Equity-to-Asset Historical Data
The historical data trend for Orion'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 Specialty Chemicals subindustry, Orion'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.
Orion's Equity-to-Asset Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Orion's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Orion's Equity-to-Asset falls into.
Orion 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.
Orion'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.
Orion (NYSE:OEC) 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%.
Orion Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Orion's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Orion SA is a supplier of carbon black, a solid form of carbon produced as powder or pellets. The company's operating segments are Specialty Carbon Black and Rubber Carbon Black. It generates maximum revenue from the Rubber Carbon Black segment. Rubber Carbon Black segment is used in the reinforcement of rubber in tires and mechanical rubber goods. The Specialty Carbon Black segment is used as pigments and performance additives in coatings, polymers, printing, and special applications. Geographically, it derives a majority of its revenue from Germany.
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