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Comfort Systems USA (Comfort Systems USA) Equity-to-Asset : 0.35 (As of Mar. 2024)


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What is Comfort Systems USA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Comfort Systems USA's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,373 Mil. Comfort Systems USA's Total Assets for the quarter that ended in Mar. 2024 was $3,903 Mil. Therefore, Comfort Systems USA's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.35.

The historical rank and industry rank for Comfort Systems USA's Equity-to-Asset or its related term are showing as below:

FIX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.44   Max: 0.56
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Comfort Systems USA was 0.56. The lowest was 0.35. And the median was 0.44.

FIX's Equity-to-Asset is ranked worse than
64.48% of 1678 companies
in the Construction industry
Industry Median: 0.44 vs FIX: 0.35

Comfort Systems USA Equity-to-Asset Historical Data

The historical data trend for Comfort Systems USA'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.

Comfort Systems USA Equity-to-Asset Chart

Comfort Systems USA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.40 0.37 0.39 0.39

Comfort Systems USA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.38 0.38 0.39 0.35

Competitive Comparison of Comfort Systems USA's Equity-to-Asset

For the Engineering & Construction subindustry, Comfort Systems USA'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.


Comfort Systems USA's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Comfort Systems USA's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Comfort Systems USA's Equity-to-Asset falls into.



Comfort Systems USA 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.

Comfort Systems USA'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
=1277.829/3305.579
=0.39

Comfort Systems USA's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=1372.536/3902.829
=0.35

* 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.


Comfort Systems USA  (NYSE:FIX) 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%.


Comfort Systems USA Equity-to-Asset Related Terms

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


Comfort Systems USA (Comfort Systems USA) Business Description

Traded in Other Exchanges
Address
675 Bering Drive, Suite 400, Houston, TX, USA, 77057
Comfort Systems USA Inc provides comprehensive mechanical contracting services, including heating, ventilation, & air conditioning, or HVAC; plumbing; piping & controls; construction; and other electrical components. Projects are mainly for commercial, industrial, & institutional buildings, & tend to be geared toward HVAC. Revenue is roughly split between installation services for newly constructed facilities & maintenance services for existing buildings. The company installs & repairs products and systems throughout the United States. It operates in two segments, Mechanical services & Electrical services, the majority is from the Mechanical services segment.
Executives
Skidmore Constance Ellen director 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Rhoman J Hardy director 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
William J Sandbrook director C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039
Vance W Tang director C/O KONE INC., 4225 NAPERVILLE ROAD, SUITE 400, LISLE IL 60532
Laura Finley Howell officer: VP, General Counsel, Secretary 675 BERING DRIVE SUITE 400, HOUSTON TX 77057
Franklin Myers director C/O CAMERON INT'L CORPORATION, 1333 WEST LOOP S. #1700, HOUSTON TX 77027
Brian E. Lane officer: President / CEO COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Julie Shaeff officer: Chief Accounting Officer COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Cindy L. Wallis-lage director C/O COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
William Iii George officer: Chief Financial Officer 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Herman E Bulls director JONES LANG LASALLE, 1801 K STREET NW SUITE 1000, WASHINGTON DC 20006
T Mckenna Trent officer: VP, General Counsel & Secy C/O COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Darcy Anderson director C/O PEROT SYSTEMS CORP, 2300 WEST PLANO PKWY, PLANO TX 75075
Pablo G. Mercado, director 920 MEMORIAL CITY WAY, SUITE 800, HOUSTON TX 77024
Alan Krusi director AECOM, 555 SOUTH FLOWER ST. 37TH FLOOR, LOS ANGELES CA 90071

Comfort Systems USA (Comfort Systems USA) Headlines

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