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SKAN Group AG (XSWX:SKAN) Equity-to-Asset : 0.45 (As of Dec. 2023)


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What is SKAN Group AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SKAN Group AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was CHF169.2 Mil. SKAN Group AG's Total Assets for the quarter that ended in Dec. 2023 was CHF373.4 Mil. Therefore, SKAN Group AG's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.45.

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

XSWX:SKAN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16   Med: 0.43   Max: 0.48
Current: 0.45

During the past 4 years, the highest Equity to Asset Ratio of SKAN Group AG was 0.48. The lowest was 0.16. And the median was 0.43.

XSWX:SKAN's Equity-to-Asset is ranked worse than
73.94% of 871 companies
in the Medical Devices & Instruments industry
Industry Median: 0.65 vs XSWX:SKAN: 0.45

SKAN Group AG Equity-to-Asset Historical Data

The historical data trend for SKAN Group AG'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.

SKAN Group AG Equity-to-Asset Chart

SKAN Group AG Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.16 0.48 0.41 0.45

SKAN Group AG Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial 0.48 0.42 0.41 0.39 0.45

Competitive Comparison of SKAN Group AG's Equity-to-Asset

For the Medical Instruments & Supplies subindustry, SKAN Group AG'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.


SKAN Group AG's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, SKAN Group AG's Equity-to-Asset distribution charts can be found below:

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



SKAN Group AG 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.

SKAN Group AG'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
=169.232/373.449
=0.45

SKAN Group AG'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
=169.232/373.449
=0.45

* 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.


SKAN Group AG  (XSWX:SKAN) 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%.


SKAN Group AG Equity-to-Asset Related Terms

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


SKAN Group AG (XSWX:SKAN) Business Description

Traded in Other Exchanges
Address
Kreuzstrasse 5, Allschwil, CHE, 4123
SKAN Group AG is a global market and technological company for isolators, cleanroom devices, and decontamination processes for the aseptic production of biopharmaceutical substances. Its core competency is the design and development of process isolators for the aseptic filling of biopharmaceutical products. The company offer its customers process support, services, and consumables. Its products include biological indicators, isolators, Laboratory/cleanroom equipment, laminar flow, safety workbench, and transfer system.

SKAN Group AG (XSWX:SKAN) Headlines

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