Smiths News (Smiths News) Equity-to-Asset : -0.08 (As of Aug. 2023)

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What is Smiths News Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Smiths News's Total Stockholders Equity for the quarter that ended in Aug. 2023 was $-21 Mil. Smiths News's Total Assets for the quarter that ended in Aug. 2023 was $248 Mil. Therefore, Smiths News's Equity to Asset Ratio for the quarter that ended in Aug. 2023 was -0.08.

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

SMWPY' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.35 Med: -0.16 Max: 0.07
Current: -0.08

During the past 13 years, the highest Equity to Asset Ratio of Smiths News was 0.07. The lowest was -0.35. And the median was -0.16.

SMWPY's Equity-to-Asset is ranked worse than
91.6% of 1060 companies
in the Media - Diversified industry
Industry Median: 0.52 vs SMWPY: -0.08

Smiths News Equity-to-Asset Historical Data

The historical data trend for Smiths News'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.

Smiths News Equity-to-Asset Chart

Smiths News Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Equity-to-Asset

Get a 7-Day Free Trial

-0.35

-0.31

-0.17

-0.08

Smiths News Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Equity-to-Asset	Get a 7-Day Free Trial															-0.31	-0.21	-0.17	-0.14	-0.08

Competitive Comparison of Smiths News's Equity-to-Asset

For the Publishing subindustry, Smiths News'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.

Smiths News's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Smiths News's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Smiths News's Equity-to-Asset falls into.

Smiths News 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.

Smiths News's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-20.712	/	248.158
	=	-0.08

Smiths News's Equity to Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

Equity to Asset (Q: Aug. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-20.712	/	248.158
	=	-0.08

Smiths News (OTCPK:SMWPY) 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%.

Smiths News Equity-to-Asset Related Terms

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

Smiths News (Smiths News) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Smiths News PLC (OTCPK:SMWPY) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

SNWSl:UK CNCT.GB:UK SNWS:UK T6N:Germany

Address

Rowan House, Cherry Orchard North, Kembrey Park, Swindon, Wiltshire, GBR, SN2 8UH

Website

https://www.smithsnews.co.uk

Smiths News PLC is a UK-based wholesale distributor of published content. The group is one of the UK's foremost publishers of newspapers and magazines, and it also operates as a book distributor through bookstores and an online platform serving the needs of academics and public libraries. Geographically, it derives a majority of revenue from the United Kingdom. Its segments include Smiths News Core; Dawson Media Direct (DMD); Instore and others.