Sonova Holding AG (Sonova Holding AG) Equity-to-Asset

: 0.39 (As of Sep. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sonova Holding AG's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $2,346 Mil. Sonova Holding AG's Total Assets for the quarter that ended in Sep. 2023 was $5,989 Mil. Therefore, Sonova Holding AG's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.39.

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

SONVY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38 Med: 0.52 Max: 0.7
Current: 0.39

During the past 13 years, the highest Equity to Asset Ratio of Sonova Holding AG was 0.70. The lowest was 0.38. And the median was 0.52.

SONVY's Equity-to-Asset is ranked worse than
78.19% of 871 companies
in the Medical Devices & Instruments industry
Industry Median: 0.65 vs SONVY: 0.39

Sonova Holding AG Equity-to-Asset Historical Data

The historical data trend for Sonova Holding 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.

Sonova Holding AG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

0.55

0.45

0.46

0.43

0.40

Sonova Holding AG Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset																0.44	0.43	0.38	0.40	0.39

Competitive Comparison

For the Medical Devices subindustry, Sonova Holding 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.

Sonova Holding AG Equity-to-Asset Distribution

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

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

Sonova Holding 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.

Sonova Holding AG's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2390.492	/	5999.46
	=	0.40

Sonova Holding AG's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2345.932	/	5988.662
	=	0.39

Sonova Holding AG (OTCPK:SONVY) 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%.

Sonova Holding AG Equity-to-Asset Related Terms

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Sonova Holding AG (Sonova Holding AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sonova Holding AG (OTCPK:SONVY) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

SONVF:USA SOONz:UK 0QPY:UK PHBA:Germany SOON:Switzerland

Address

Laubisrutistrasse 28, Stafa, CHE, CH-8712

Website

https://www.sonova.com

Sonova is one of the world's largest manufacturers and distributors of hearing aids. The company is based in Switzerland and distributes its products in more than 100 countries through its internal sales team and independent retailers. It also sells cochlear implants through its advanced bionics subsidiary and recently acquired Sennheiser's consumer division to expand into audio technologies.