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Standard Motor Products (Standard Motor Products) Equity-to-Asset

: 0.49 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Standard Motor Products's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $635 Mil. Standard Motor Products's Total Assets for the quarter that ended in Dec. 2023 was $1,293 Mil. Therefore, Standard Motor Products's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.49.

The historical rank and industry rank for Standard Motor Products's Equity-to-Asset or its related term are showing as below:

SMP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49   Med: 0.56   Max: 0.58
Current: 0.49

During the past 13 years, the highest Equity to Asset Ratio of Standard Motor Products was 0.58. The lowest was 0.49. And the median was 0.56.

SMP's Equity-to-Asset is ranked better than
53.59% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs SMP: 0.49

Standard Motor Products Equity-to-Asset Historical Data

The historical data trend for Standard Motor Products'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.

Standard Motor Products Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.58 0.50 0.49 0.49

Standard Motor Products 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 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 Premium Member Only Premium Member Only Premium Member Only 0.49 0.47 0.48 0.48 0.49

Competitive Comparison

For the Auto Parts subindustry, Standard Motor Products'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.


Standard Motor Products Equity-to-Asset Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Standard Motor Products's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Standard Motor Products's Equity-to-Asset falls into.



Standard Motor Products 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.

Standard Motor Products'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
=635.064/1293.047
=0.49

Standard Motor Products'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
=635.064/1293.047
=0.49

* 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.


Standard Motor Products  (NYSE:SMP) 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%.


Standard Motor Products Equity-to-Asset Related Terms

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


Standard Motor Products (Standard Motor Products) Business Description

Traded in Other Exchanges
Address
37-18 Northern Boulevard, Long Island City, NY, USA, 11101
Standard Motor Products Inc is a manufacturer and distributor of premium automotive parts used in the maintenance, service, and repair of vehicles in the automotive aftermarket industry. It operates into three business segments namely Engineered Solutions, Vehicle Control, and Temperature Control. The company focuses on the original equipment and original equipment services markets, with a product lineup of replacement parts for engine management ignition, emission, and fuel systems, as well as temperature-control products. The company operates majorly in the United States, with additional sales in Canada, Europe, Asia, Mexico, and other Latin American countries.
Executives
Nathan R. Iles officer: Chief Financial Officer C/O STANDARD MOTOR PRODUCTS, INC., 37-18 NORTHERN BLVD., LONG ISLAND CITY NY 11101
Eric Sills director, officer: CEO & President 37-18 NORTHERN BLVD, LONG ISLAND CITY NY 11101
Ray Nicholas officer: CIO & VP IT 37-18 NORTHERN BLVD, LONG ISLAND CITY NY 11101
Dale Burks officer: Chief Commercial Officer & EVP 37-18 NORTHERN BLVD, LONG ISLAND CITY NY 11101
Carmine Joseph Broccole officer: CLO & Secretary 37-18 NORTHERN BLVD, LONG ISLAND CITY NY 11101
James J Burke director, officer: Chief Operating Officer 37 18 NORTHERN BLVD, LONG ISLAND CITY NY 11101
Kristine M. Frost officer: CHRO C/O STANDARD MOTOR PRODUCTS, INC., 37-18 NORTHERN BLVD., LONG ISLAND CITY NY 11101
Alisa C. Norris director C/O STANDARD MOTOR PRODUCTS, INC., 37-18 NORTHERN BLVD., LONG ISLAND CITY NY 11101
Pamela Puryear director 253 DOLPHIN COVE QUAY, STAMFORD CT 06902
Alejandro C. Capparelli director C/O STANDARD MOTOR PRODUCTS, INC., 37-18 NORTHERN BLVD., LONG ISLAND CITY NY 11101
Joseph W. Mcdonnell director C/O STANDARD MOTOR PRODUCTS, INC., 37-18 NORTHERN BLVD., LONG ISLAND CITY NY 11101
Pamela Forbes Lieberman director 3400 N.WOLF ROAD, FRANKLIN PARK IL 60131
Patrick Mcclymont director 902 BROADWAY, 20TH FLOOR, IMAX CORPORATION, NEW YORK NY 10010-6002
Thomas Tesoro officer: VP Human Resources 37-18 NORTHERN BLVD, LONG ISLAND CITY NY 11101
Peter J Sills director

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