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Gerresheimer AG (Gerresheimer AG) Equity-to-Asset : 0.41 (As of Feb. 2024)


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What is Gerresheimer AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gerresheimer AG's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $1,551 Mil. Gerresheimer AG's Total Assets for the quarter that ended in Feb. 2024 was $3,742 Mil. Therefore, Gerresheimer AG's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.41.

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

GRRMY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.34   Max: 0.44
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of Gerresheimer AG was 0.44. The lowest was 0.26. And the median was 0.34.

GRRMY's Equity-to-Asset is ranked worse than
76.58% of 871 companies
in the Medical Devices & Instruments industry
Industry Median: 0.65 vs GRRMY: 0.41

Gerresheimer AG Equity-to-Asset Historical Data

The historical data trend for Gerresheimer 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.

Gerresheimer AG Equity-to-Asset Chart

Gerresheimer AG Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.34 0.35 0.37 0.42

Gerresheimer AG Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.36 0.44 0.43 0.42 0.41

Competitive Comparison of Gerresheimer AG's Equity-to-Asset

For the Medical Instruments & Supplies subindustry, Gerresheimer 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.


Gerresheimer AG's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

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

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



Gerresheimer 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.

Gerresheimer AG's Equity to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Equity to Asset (A: Nov. 2023 )=Total Stockholders Equity/Total Assets
=1564.567/3711.189
=0.42

Gerresheimer AG's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=1550.796/3742.396
=0.41

* 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.


Gerresheimer AG  (OTCPK:GRRMY) 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%.


Gerresheimer AG Equity-to-Asset Related Terms

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Gerresheimer AG (Gerresheimer AG) Business Description

Traded in Other Exchanges
Address
Klaus-Bungert-Strasse 4, Duesseldorf, NW, DEU, 40468
Gerresheimer AG provides medicine packaging, drug delivery devices, and solutions with a product range for pharma, health, well-being, and biotech. The firm operates in three segments: The plastics and devices segment consists of products for simple and safe drug delivery along with packaging for liquid and solid medicines, The primary packaging glass segment produces glass packaging products for the pharma and cosmetics industries also for food and beverage industry and The advanced technologies segment works on technical and digital solutions to improve the therapy outcome for patients. The company generates the majority of its revenue in Europe, with sales in Germany contributing the major proportion of any country.

Gerresheimer AG (Gerresheimer AG) Headlines

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