Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ACV Auctions's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $456.5 Mil. ACV Auctions's Total Assets for the quarter that ended in Dec. 2023 was $922.9 Mil.
Therefore, ACV Auctions's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.50.
The historical rank and industry rank for ACV Auctions's Equity-to-Asset or its related term are showing as below:
ACVA'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.35 Med: 0.5 Max: 0.57
Current: 0.5
During the past 5 years, the highest Equity to Asset Ratio of ACV Auctions was 0.57. The lowest was -0.35. And the median was 0.50.
ACVA's Equity-to-Asset is ranked better than 56.28% of 1313
companies
in the Vehicles & Parts industry
Industry Median: 0.47
vs ACVA: 0.50
ACV Auctions Equity-to-Asset Historical Data
The historical data trend for ACV Auctions'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 ACV Auctions's Equity-to-Asset
For the Auto & Truck Dealerships subindustry, ACV Auctions'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.
ACV Auctions's Equity-to-Asset Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, ACV Auctions's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where ACV Auctions's Equity-to-Asset falls into.
ACV Auctions 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.
ACV Auctions'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%.
ACV Auctions Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of ACV Auctions's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
ACV Auctions Inc is a mobile platform for wholesale car auctions. It provides a digital marketplace for wholesale vehicle transactions and data services that offer transparent and accurate vehicle information for customers.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ACVA has been successfully added to your 