GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » The Vita Coco Co Inc (NAS:COCO) » Definitions » Equity-to-Asset

The Vita Coco Co (The Vita Coco Co) Equity-to-Asset : 0.71 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is The Vita Coco Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The Vita Coco Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $202.4 Mil. The Vita Coco Co's Total Assets for the quarter that ended in Dec. 2023 was $285.7 Mil. Therefore, The Vita Coco Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.71.

The historical rank and industry rank for The Vita Coco Co's Equity-to-Asset or its related term are showing as below:

COCO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51   Med: 0.62   Max: 0.71
Current: 0.71

During the past 5 years, the highest Equity to Asset Ratio of The Vita Coco Co was 0.71. The lowest was 0.51. And the median was 0.62.

COCO's Equity-to-Asset is ranked better than
72.48% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.57 vs COCO: 0.71

The Vita Coco Co Equity-to-Asset Historical Data

The historical data trend for The Vita Coco Co'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.

* Premium members only.

The Vita Coco Co Equity-to-Asset Chart

The Vita Coco Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.51 0.56 0.62 0.71 0.71

The Vita Coco Co Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.72 0.70 0.72 0.71

Competitive Comparison of The Vita Coco Co's Equity-to-Asset

For the Beverages - Non-Alcoholic subindustry, The Vita Coco Co'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.


The Vita Coco Co's Equity-to-Asset Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, The Vita Coco Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where The Vita Coco Co's Equity-to-Asset falls into.



The Vita Coco Co 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.

The Vita Coco Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=202.437/285.682
=0.71

The Vita Coco Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=202.437/285.682
=0.71

* 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.


The Vita Coco Co  (NAS:COCO) 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%.


The Vita Coco Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of The Vita Coco Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


The Vita Coco Co (The Vita Coco Co) Business Description

Traded in Other Exchanges
Address
250 Park Avenue South, Seventh Floor, New York, NY, USA, 10003
The Vita Coco Co Inc is a plant-based functional hydration platform. Its products include Vita Coco Coconut Water, Private Label including coconut water and oil, and Other including Runa and Ever & Ever product offerings, Vita Coco product extensions beyond coconut water, such as Vita Coco Sparkling, coconut milk products, and others. Geographical presence of the company is United States, Canada, Europe, Middle East, Africa, and the Asia Pacific regions.
Executives
Michael Kirban director, officer: See Remarks C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Ira Liran director, officer: See Remarks C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Rowena Ricalde officer: Interim CFO C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Jonathan Burth officer: Chief Operating Officer C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Jane Prior officer: Chief Marketing Officer C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Es Charles Van officer: Chief Sales Officer C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Beverages Sa Verlinvest 10 percent owner PLACE EUGENE FLAGEY 18, BRUSSELS C9 B-1050
Eric Melloul director, 10 percent owner C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Aishetu Fatima Dozie director 2550 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Baker Corey officer: Chief Financial Officer C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, 7TH FLOOR, NEW YORK NY 10003
Kenneth Sadowsky director C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Kevin Benmoussa officer: Chief Financial Officer C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Martin F Roper director, officer: See Remarks
Axelle Henry director, 10 percent owner C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Rw Vc S.a.r.l. 10 percent owner 11 AVENUE DE LA PORTE-NEUVE, LUXEMBOURG N4 2227