Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Park-Ohio Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $289 Mil. Park-Ohio Holdings's Total Assets for the quarter that ended in Mar. 2024 was $1,403 Mil.
Therefore, Park-Ohio Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.21.
The historical rank and industry rank for Park-Ohio Holdings's Equity-to-Asset or its related term are showing as below:
PKOH'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18 Med: 0.23 Max: 0.27
Current: 0.21
During the past 13 years, the highest Equity to Asset Ratio of Park-Ohio Holdings was 0.27. The lowest was 0.18. And the median was 0.23.
PKOH's Equity-to-Asset is ranked worse than 92.5% of 3025
companies
in the Industrial Products industry
Industry Median: 0.56
vs PKOH: 0.21
Park-Ohio Holdings Equity-to-Asset Historical Data
The historical data trend for Park-Ohio Holdings'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 Park-Ohio Holdings's Equity-to-Asset
For the Specialty Industrial Machinery subindustry, Park-Ohio Holdings'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.
Park-Ohio Holdings's Equity-to-Asset Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Park-Ohio Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Park-Ohio Holdings's Equity-to-Asset falls into.
Park-Ohio Holdings 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.
Park-Ohio Holdings'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.
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%.
Park-Ohio Holdings Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Park-Ohio Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Park-Ohio Holdings (Park-Ohio Holdings) Business Description
Park-Ohio Holdings Corp is a company, engaged in industrial supply chain logistics and diversified manufacturing business. It operates in three business segments namely Supply Technologies, Assembly Components and Engineered Products. Geographically, the business of the group is amplifying across the region of the United States, Asia, Europe, Canada, Mexico and others. The company derives most of the revenue from the Supply Technologies segment which provides the customer with total supply management services such as engineering and design support, supplier selection, quality assurance, barcoding, product packaging and tracking, just-in-time and point-of-use delivery and electronic billing services for a range of production components.
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