Sphere Medical Holding (LSE:SPHR) Equity-to-Asset : 0.89 (As of Dec. 2016)

Sphere Medical Holding Equity-to-Asset Chart

Sphere Medical Holding Annual Data
	Trend	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16
Equity-to-Asset		Get a 7-Day Free Trial				0.83	0.91	0.85	0.92	0.89

Sphere Medical Holding Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16
Equity-to-Asset	Get a 7-Day Free Trial						0.85	0.94	0.92	0.91	0.89

Competitive Comparison of Sphere Medical Holding's Equity-to-Asset

For the Medical Devices subindustry, Sphere Medical Holding'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.

Sphere Medical Holding's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

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

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

Sphere Medical Holding 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.

Sphere Medical Holding's Equity to Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Sphere Medical Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2016 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.

Sphere Medical Holding  (LSE:SPHR) 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%.

Sphere Medical Holding Equity-to-Asset Related Terms

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Sphere Medical Holding (LSE:SPHR) Business Description