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Symrise AG (WBO:SY1) Equity-to-Asset : 0.48 (As of Jun. 2024)


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What is Symrise AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Symrise AG's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €3,760 Mil. Symrise AG's Total Assets for the quarter that ended in Jun. 2024 was €7,911 Mil. Therefore, Symrise AG's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.48.

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

WBO:SY1' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.39   Max: 0.48
Current: 0.48

During the past 13 years, the highest Equity to Asset Ratio of Symrise AG was 0.48. The lowest was 0.32. And the median was 0.39.

WBO:SY1's Equity-to-Asset is ranked worse than
67.24% of 1563 companies
in the Chemicals industry
Industry Median: 0.59 vs WBO:SY1: 0.48

Symrise AG Equity-to-Asset Historical Data

The historical data trend for Symrise 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.

Symrise AG Equity-to-Asset Chart

Symrise AG 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 0.40 0.39 0.48 0.46 0.46

Symrise AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 0.45 0.46 0.45 0.46 0.48

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

For the Specialty Chemicals subindustry, Symrise 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.


Symrise AG's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Symrise AG's Equity-to-Asset distribution charts can be found below:

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



Symrise 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.

Symrise AG'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
=3631.272/7845.613
=0.46

Symrise AG'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
=3760.109/7911.352
=0.48

* 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.


Symrise AG  (WBO:SY1) 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%.


Symrise AG Equity-to-Asset Related Terms

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


Symrise AG Business Description

Address
Muhlenfeldstrasse 1, Holzminden, ST, DEU, 37603
Symrise is a global supplier of ingredients for fragrances and flavourings across the food, beverage, household products, and pharmaceutical industries. With an estimated 12% market share, it is the world's fourth-largest supplier of fragrances and flavourings. The company was created after a 2003 merger of two companies that originated in 1874 and 1919. With 9,000 employees, Symrise produces 30,000 products sourced from 10,000 mostly natural raw materials such as vanilla, citrus, blossoms, and plant or animal materials for more than 6,000 customers.

Symrise AG Headlines

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