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JMI Syringes & Medical Devices (DHA:JMISMDL) Equity-to-Asset : 0.88 (As of Dec. 2023)


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What is JMI Syringes & Medical Devices Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. JMI Syringes & Medical Devices's Total Stockholders Equity for the quarter that ended in Dec. 2023 was BDT2,570 Mil. JMI Syringes & Medical Devices's Total Assets for the quarter that ended in Dec. 2023 was BDT2,929 Mil. Therefore, JMI Syringes & Medical Devices's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.88.

The historical rank and industry rank for JMI Syringes & Medical Devices's Equity-to-Asset or its related term are showing as below:

DHA:JMISMDL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.35   Max: 0.88
Current: 0.88

During the past 13 years, the highest Equity to Asset Ratio of JMI Syringes & Medical Devices was 0.88. The lowest was 0.28. And the median was 0.35.

DHA:JMISMDL's Equity-to-Asset is ranked better than
87.24% of 870 companies
in the Medical Devices & Instruments industry
Industry Median: 0.65 vs DHA:JMISMDL: 0.88

JMI Syringes & Medical Devices Equity-to-Asset Historical Data

The historical data trend for JMI Syringes & Medical Devices'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.

JMI Syringes & Medical Devices Equity-to-Asset Chart

JMI Syringes & Medical Devices Annual Data
Trend Dec14 Dec15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.81 0.87 0.80 0.87

JMI Syringes & Medical Devices Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.80 0.75 0.87 0.86 0.88

Competitive Comparison of JMI Syringes & Medical Devices's Equity-to-Asset

For the Medical Instruments & Supplies subindustry, JMI Syringes & Medical Devices'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.


JMI Syringes & Medical Devices's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where JMI Syringes & Medical Devices's Equity-to-Asset falls into.



JMI Syringes & Medical Devices 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.

JMI Syringes & Medical Devices's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=2595.912/2998.679
=0.87

JMI Syringes & Medical Devices's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2570.226/2928.861
=0.88

* 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.


JMI Syringes & Medical Devices  (DHA:JMISMDL) 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%.


JMI Syringes & Medical Devices Equity-to-Asset Related Terms

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JMI Syringes & Medical Devices (DHA:JMISMDL) Business Description

Traded in Other Exchanges
N/A
Address
117, Kazi Nazrul Islam Avenue, Unique Heights, Level-11, Ramna, Dhaka, BGD, 1217
JMI Syringes & Medical Devices Ltd is a Bangladesh-based syringe and medical device manufacturing company. It manufactures and markets disposable syringe, auto-disable syringe, needle, infusion set, scalp vein set, urine drainage bag, insulin syringe, First AID bandage, riles tube, IV Cannula, feeding tube, and Blood Lancets, and other products.

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