EYESW (Second Sight Medical Products) Equity-to-Asset: 0.96 (As of Jun. 2022) — 41% Above Median

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What is Second Sight Medical Products Equity-to-Asset?

Second Sight Medical Products EYESW Equity-to-Asset is 0.96 as of Jun. 2022, which is 41% above its 10-year median of 0.68. The stock has 1 warning sign investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Second Sight Medical Products's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $63.06 Mil. Second Sight Medical Products's Total Assets for the quarter that ended in Jun. 2022 was $65.65 Mil.

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

EYESW' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.04   Med: 0.68   Max: 0.97
Current: 0.96

During the past 10 years, the highest Equity to Asset Ratio of Second Sight Medical Products was 0.97. The lowest was -2.04. And the median was 0.68.

EYESW's Equity-to-Asset is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 0.64 vs EYESW: 0.96

Second Sight Medical Products  (NAS:EYESW) 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%.


Second Sight Medical Products Equity-to-Asset Related Terms


Second Sight Medical Products Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Second Sight Medical 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.

Second Sight Medical Products Equity-to-Asset Chart

Second Sight Medical Products Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.29 0.44 -0.15 0.97

Second Sight Medical Products Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.95 0.95 0.97 0.97 0.96

EYESW vs SONX, LUCD, LHDX: Equity-to-Asset Comparison

For the Medical Devices subindustry, Second Sight Medical 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.


Second Sight Medical Products Equity-to-Asset vs Medical Devices & Instruments Industry

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

* The bar in red indicates where Second Sight Medical Products's Equity-to-Asset falls into.



Second Sight Medical 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.

Second Sight Medical Products's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=68.365/70.879
=

Second Sight Medical Products's Equity to Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

Equity to Asset (Q: Jun. 2022 )=Total Stockholders Equity/Total Assets
=63.058/65.649
=

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.96 mean?
Second Sight Medical Products (EYESW) has a Equity-to-Asset of 0.96 as of Jun. 2022. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Second Sight Medical Products and its competitors. This is 41% above median its historical median of 0.68.
Is Second Sight Medical Products' Equity-to-Asset too high?
Second Sight Medical Products' current Equity-to-Asset of 0.96 is 41% above median its 10-year median of 0.68. The Medical Devices & Instruments industry median Equity-to-Asset is 0.64. Second Sight Medical Products' value of 0.96 is 50% above this industry median.
How does Second Sight Medical Products' Equity-to-Asset compare to SONX and LUCD?
Second Sight Medical Products' Equity-to-Asset of 0.96 can be compared against companies in the Medical Devices & Instruments industry. The industry median Equity-to-Asset is 0.64. Second Sight Medical Products' value of 0.96 is 50% above this benchmark. While the company's 10-year median is 0.68 vs. the industry median of 0.64, Second Sight Medical Products has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Medical Devices & Instruments company?
The median Equity-to-Asset among Medical Devices & Instruments companies is 0.64, based on 851 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Second Sight Medical Products's current Equity-to-Asset of 0.96 is 50% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Second Sight Medical Products and its competitors. For the Medical Devices & Instruments industry, the median Equity-to-Asset is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Second Sight Medical Products's current Equity-to-Asset is 0.96, which is 41% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Second Sight Medical Products stock overvalued right now?
Second Sight Medical Products (EYESW) has a current Equity-to-Asset of 0.96. The current Equity-to-Asset is 0.96, which is 41% above median its 10-year median of 0.68 and 50% above the Medical Devices & Instruments industry median of 0.64. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Second Sight Medical Products (EYESW), the current Equity-to-Asset is 0.96 as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Second Sight Medical Products Business Description

Address 13170 Telfair Avenue, Sylmar, CA, USA, 91342
Second Sight Medical Products Inc develops, manufactures, and markets implantable prosthetic devices to create an artificial form of useful vision for blind individuals. The company's product Argus II System treats outer retinal degenerations, such as Retinitis Pigmentosa, often referred to as RP. The company generates revenue from the sale of its Argus II retinal prosthesis systems, which include the implant and external components. Geographically, the company operates in the United States, Italy, China, and of which key revenue is derived from the United States.