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Associated Capital Group (Associated Capital Group) Equity-to-Asset : 0.96 (As of Dec. 2023)


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What is Associated Capital Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Associated Capital Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $906.98 Mil. Associated Capital Group's Total Assets for the quarter that ended in Dec. 2023 was $943.80 Mil. Therefore, Associated Capital Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.96.

The historical rank and industry rank for Associated Capital Group's Equity-to-Asset or its related term are showing as below:

AC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.77   Med: 0.9   Max: 0.96
Current: 0.96

During the past 12 years, the highest Equity to Asset Ratio of Associated Capital Group was 0.96. The lowest was 0.77. And the median was 0.90.

AC's Equity-to-Asset is ranked better than
74.25% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs AC: 0.96

Associated Capital Group Equity-to-Asset Historical Data

The historical data trend for Associated Capital Group'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.

Associated Capital Group Equity-to-Asset Chart

Associated Capital Group 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 0.89 0.77 0.78 0.96 0.96

Associated Capital Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.96 0.96 0.96 0.97 0.96

Competitive Comparison of Associated Capital Group's Equity-to-Asset

For the Asset Management subindustry, Associated Capital Group'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.


Associated Capital Group's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Associated Capital Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Associated Capital Group's Equity-to-Asset falls into.



Associated Capital Group 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.

Associated Capital Group'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
=906.975/943.797
=0.96

Associated Capital Group'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
=906.975/943.797
=0.96

* 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.


Associated Capital Group  (NYSE:AC) 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%.


Associated Capital Group Equity-to-Asset Related Terms

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


Associated Capital Group (Associated Capital Group) Business Description

Traded in Other Exchanges
N/A
Address
191 Mason Street, Greenwich, CT, USA, 06830
Associated Capital Group Inc is a diversified global financial services company. It operates in the business of alternative investment management, institutional research services, and cash and other assets through subsidiaries. The activities of its subsidiaries comprise publishing daily research notes and full reports using private market value with a catalyst methodology and also products and customized solutions utilizing private market value with catalyst method of investing.
Executives
Ian J Mcadams officer: Interim Co-CFO 191 MASON STREET, GREENWICH CT 06830
Patrick Huvane officer: Interim Co-CFO 780 THIRD AVENUE, 21ST FLOOR, NEW YORK NY 10017
Richard T Prins director C/O ASSOCIATED CAPITAL GROUP, INC., 191 MASON STREET, GREENWICH CT 06830
Peter D. Goldstein officer: Chief Legal Officer 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Timothy Schott officer: Executive VP & CFO 191 MASON STREET, GREENWICH CT 06830
Mario J Gabelli director, 10 percent owner, officer: Chairman & CEO 191 MASON STREET, GREENWICH CT 06830
Marc Gabelli director 401 THEODORE FREMD AVE, RYE NY 10580
Kenneth D Masiello officer: Chief Accounting Officer ONE CORPORATE CENTER, RYE NY 10580
Elisa M. Wilson director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Francis J Conroy officer: Interim Chief FinancialOfficer ONE CORPORATE CENTER, RYE NY 10580
Frederic V Salerno director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Frederick J Mancheski 10 percent owner 5400 PLANTATION ROAD, UNIT 1256, CAPTIVA FL 33924
Douglas R Jamieson officer: President & CEO C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Agnes Mullady officer: Executive Vice President ONE CORPORATE CENTER, RYE NY 10580
Bruce M Lisman director C/O MERCHANTS BANK, 275 KENNEDY DR, S. BURLINGTON VT 05403