Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sensient Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,053 Mil. Sensient Technologies's Total Assets for the quarter that ended in Dec. 2023 was $2,015 Mil.
Therefore, Sensient Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.52.
The historical rank and industry rank for Sensient Technologies's Equity-to-Asset or its related term are showing as below:
SXT'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47 Med: 0.51 Max: 0.59
Current: 0.52
During the past 13 years, the highest Equity to Asset Ratio of Sensient Technologies was 0.59. The lowest was 0.47. And the median was 0.51.
SXT's Equity-to-Asset is ranked worse than 59.68% of 1570
companies
in the Chemicals industry
Industry Median: 0.59
vs SXT: 0.52
Sensient Technologies Equity-to-Asset Historical Data
The historical data trend for Sensient Technologies'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.
Sensient Technologies Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Equity-to-Asset
0.51
0.54
0.54
0.50
0.52
Sensient Technologies 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
0.50
0.51
0.52
0.53
0.52
Competitive Comparison
For the Specialty Chemicals subindustry, Sensient Technologies'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.
Sensient Technologies Equity-to-Asset Distribution
For the Chemicals industry and Basic Materials sector, Sensient Technologies's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Sensient Technologies's Equity-to-Asset falls into.
Sensient Technologies 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.
Sensient Technologies'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%.
Sensient Technologies Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Sensient Technologies's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Sensient Technologies (Sensient Technologies) Business Description
Sensient Technologies Corp manufactures and markets natural and synthetic colors, flavors, and other specialty ingredients. The company has a widespread network of facilities around the globe, and its customers operate across a variety of end markets. Sensient's offerings are predominantly applied to consumer-facing products, including food and beverage, cosmetics and pharmaceuticals, nutraceutical and personal care industries. The Company's principal products are flavors, flavor enhancers, ingredients, extracts, and bionutrients, essential oils, dehydrated vegetables and other food ingredients, natural and synthetic food and beverage colors and others. The company's three reportable segments were the Flavors & Extracts Group and the Color Group and, Asia Pacific Group.
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