Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Stereotaxis's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $21.92 Mil. Stereotaxis's Total Assets for the quarter that ended in Dec. 2023 was $41.91 Mil.
Therefore, Stereotaxis's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.52.
The historical rank and industry rank for Stereotaxis's Equity-to-Asset or its related term are showing as below:
STXS'
s Equity-to-Asset Range Over the Past 10 Years
Min: -1.93 Med: 0.46 Max: 0.73
Current: 0.52
During the past 13 years, the highest Equity to Asset Ratio of Stereotaxis was 0.73. The lowest was -1.93. And the median was 0.46.
STXS's Equity-to-Asset is ranked worse than 66.67% of 870
companies
in the Medical Devices & Instruments industry
Industry Median: 0.65
vs STXS: 0.52
Stereotaxis Equity-to-Asset Historical Data
The historical data trend for Stereotaxis'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 Stereotaxis's Equity-to-Asset
For the Medical Instruments & Supplies subindustry, Stereotaxis'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.
Stereotaxis's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Stereotaxis's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Stereotaxis's Equity-to-Asset falls into.
Stereotaxis 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.
Stereotaxis'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%.
Stereotaxis Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Stereotaxis's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Stereotaxis Inc is engaged in robotic technologies designed to enhance the treatment of arrhythmias and perform endovascular procedures. The company's mission is the discovery, development, and delivery of robotic systems, instruments, and information solutions for the interventional laboratory. These innovations help physicians provide patient care with robotic precision and safety, improved lab efficiency and productivity, and enhanced integration of procedural information. The company's revenue generation is derived from the streams of Systems; Disposables, Royalty; and Sublease, of which a majority of revenue is generated from the Disposables, service and accessories stream. The company generates the majority of revenue from the United States.
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