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Haynes International (FRA:HYVN) Equity-to-Asset : 0.66 (As of Jun. 2024)


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What is Haynes International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Haynes International's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €420.1 Mil. Haynes International's Total Assets for the quarter that ended in Jun. 2024 was €637.1 Mil. Therefore, Haynes International's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.66.

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

FRA:HYVN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.55   Max: 0.66
Current: 0.66

During the past 13 years, the highest Equity to Asset Ratio of Haynes International was 0.66. The lowest was 0.47. And the median was 0.55.

FRA:HYVN's Equity-to-Asset is ranked better than
67.93% of 3028 companies
in the Industrial Products industry
Industry Median: 0.56 vs FRA:HYVN: 0.66

Haynes International Equity-to-Asset Historical Data

The historical data trend for Haynes International'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.

Haynes International Equity-to-Asset Chart

Haynes International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.54 0.63 0.59 0.62

Haynes International Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.60 0.62 0.63 0.64 0.66

Competitive Comparison of Haynes International's Equity-to-Asset

For the Metal Fabrication subindustry, Haynes International'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.


Haynes International's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Haynes International's Equity-to-Asset distribution charts can be found below:

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



Haynes International 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.

Haynes International's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=406.962/661.785
=0.61

Haynes International's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=420.092/637.068
=0.66

* 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.


Haynes International  (FRA:HYVN) 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%.


Haynes International Equity-to-Asset Related Terms

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Haynes International Business Description

Traded in Other Exchanges
Address
1020 West Park Avenue, Kokomo, IN, USA, 46904-9013
Haynes International Inc is a producer of high-performance nickel and cobalt-based alloys. The company is focused on developing, manufacturing, marketing, and distributing technology and high-performance alloys. The company operates in a single segment: the design, manufacture, marketing, and distribution of technologically advanced, high-performance alloys for use in the aerospace, industrial gas turbine, chemical processing, and other industries Geographically, it derives a majority of revenue from the United States and also has a presence in Europe, China, and other countries.

Haynes International Headlines

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