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Gentherm (Gentherm) Equity-to-Asset : 0.52 (As of Dec. 2023)


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What is Gentherm Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gentherm's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $645 Mil. Gentherm's Total Assets for the quarter that ended in Dec. 2023 was $1,234 Mil. Therefore, Gentherm's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.52.

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

THRM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52   Med: 0.58   Max: 0.7
Current: 0.52

During the past 13 years, the highest Equity to Asset Ratio of Gentherm was 0.70. The lowest was 0.52. And the median was 0.58.

THRM's Equity-to-Asset is ranked better than
58.59% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs THRM: 0.52

Gentherm Equity-to-Asset Historical Data

The historical data trend for Gentherm'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.

Gentherm Equity-to-Asset Chart

Gentherm Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.57 0.70 0.54 0.52

Gentherm 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 Get a 7-Day Free Trial 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 0.54 0.54 0.54 0.54 0.52

Competitive Comparison of Gentherm's Equity-to-Asset

For the Auto Parts subindustry, Gentherm'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.


Gentherm's Equity-to-Asset Distribution in the Vehicles & Parts Industry

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

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



Gentherm 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.

Gentherm'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
=644.722/1234.371
=0.52

Gentherm'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
=644.722/1234.371
=0.52

* 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.


Gentherm  (NAS:THRM) 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%.


Gentherm Equity-to-Asset Related Terms

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


Gentherm (Gentherm) Business Description

Traded in Other Exchanges
Address
21680 Haggerty Road, Northville, MI, USA, 48167
Gentherm Inc is an automotive parts manufacturer. The business activities of the group function through the Automotive and Medical segments. The vast majority of the firm's revenue comes from the Automotive segment, which includes automotive climate comfort systems, automotive cable systems, battery performance solutions, and automotive electronics and software systems. The medical segment is comprised of the results from the patient temperature management business in the medical industry. Its geographical segments are the United States, China, South Korea, Germany, Japan, the Czech Republic, and other countries.
Executives
Kenneth E Washington director 6555 STATE HWY 161, IRVING TX 75039
Thomas Stocker officer: SVP and General Manager 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Rafael Barkas officer: SVP, Global Ops & Supply Chain 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Vishnu Sundaram officer: Chief Technology Officer 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Kauffman Wayne S Iii officer: VP and General Counsel 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Breisacher Nicholas officer: Chief Accounting Officer 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Barbara J Runyon officer: Chief Human Resources Officer 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Matthew Fisch officer: SVP & Chief Technology Officer 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Yijing Brentano officer: Senior VP IR and Corp Comm 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Phillip Eyler director, officer: Chief Executive Officer C/O HARMAN INTERNATIONAL INDUSTRIES, INC, 400 ATLANTIC STREET, STAMFORD CT 06901
Jaymi Wilson officer: SVP, Global Sales 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Jennifer L. Zoldos officer: Chief Accounting Officer 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Paul Cameron Giberson officer: Sr. VP Sales 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Matteo Anversa officer: Ex VP, CFO & Treasurer 1293 SOUTH MAIN STREET, AKRON OH 44301
Elizabeth Meter director 21680 HAGGERTY ROAD, NORTHVILLE MI 48167