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Federated Hermes (Federated Hermes) Equity-to-Asset : 0.54 (As of Dec. 2023)


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What is Federated Hermes Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Federated Hermes's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,128 Mil. Federated Hermes's Total Assets for the quarter that ended in Dec. 2023 was $2,102 Mil. Therefore, Federated Hermes's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.54.

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

FHI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52   Med: 0.55   Max: 0.62
Current: 0.54

During the past 13 years, the highest Equity to Asset Ratio of Federated Hermes was 0.62. The lowest was 0.52. And the median was 0.55.

FHI's Equity-to-Asset is ranked worse than
80.9% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs FHI: 0.54

Federated Hermes Equity-to-Asset Historical Data

The historical data trend for Federated Hermes'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.

Federated Hermes Equity-to-Asset Chart

Federated Hermes 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 0.55 0.55 0.55 0.52 0.54

Federated Hermes 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 0.52 0.55 0.55 0.53 0.54

Competitive Comparison of Federated Hermes's Equity-to-Asset

For the Asset Management subindustry, Federated Hermes'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.


Federated Hermes's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Federated Hermes's Equity-to-Asset distribution charts can be found below:

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



Federated Hermes 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.

Federated Hermes'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
=1128.252/2101.844
=0.54

Federated Hermes'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
=1128.252/2101.844
=0.54

* 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.


Federated Hermes  (NYSE:FHI) 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%.


Federated Hermes Equity-to-Asset Related Terms

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


Federated Hermes (Federated Hermes) Business Description

Traded in Other Exchanges
Address
1001 Liberty Avenue, Pittsburgh, PA, USA, 15222-3779
Federated provides asset management services for institutional and individual investors. The company had $715.2 billion in managed assets at the end of September 2023, composed of equity (11%), multi-asset (less than 1%), fixed-income (13%), alternative (3%), and money market (73%) funds. That said, the firm's cash-management operations are expected to generate around 46% of Federated's revenue this year, compared with 31%, 12%, and 11%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (63% of AUM), institutional investors (27%), and international clients (10%).
Executives
Saker Anwar Nusseibeh officer: CEO, Hermes Fund Managers Ltd. HERMES INVESTMENT MANAGEMENT, 150 CHEAPSIDE, 6TH FLOOR, LONDON X0 EC2V6ET
John B Fisher director, officer: Pres Inst Sales Div. FSC 1001 LIBERTY AVENUE, FEDERATED INVESTORS TOWER, PITTSBURGH PA 15222-3779
Dolores D Dudiak officer: Vice President 1001 LIBERTY AVENUE, 19TH FLOOR, PITTSBURGH PA 15222
Gordon J Ceresino officer: Exec. Director, Int'l Dist. FEDERATED MDT ADVISER, 125 HIGH STREET, OLIVER STREET TOWER, 21ST FLOOR, BOSTON MA 02110
Richard A Novak officer: Principal Accounting Officer FEDERATED INVESTORS INC., FEDERATED INVESTORS TOWER, PITTSBURGH PA 15222-3779
Paul A Uhlman officer: Vice President 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
Peter J Germain officer: EVP, Chief Legal Officer & GC C/O FEDERATED INVESTORS, 1001 LIBERTY AVE, PITTSBURGH PA 15222
Meter Stephen Van officer: VP, Chief Compliance Officer FEDERATED INVESTORS TOWER, 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
J Christopher Donahue director, officer: President and CEO 5800 CORPORATE DRIVE, PITTSBURGH PA 15237-7000
Michael J Farrell director 1001 LIBERTY AVENUE, FEDERATED INVESTORS TOWER, PITTSBURGH PA 15222-3779
Thomas R Donahue director, officer: VP, CFO, Treasurer 5800 CORPORATE DRIVE, PITTSBURGH PA 15237-7000
Marie Milie Jones director FEDERATED INVESTORS TOWER, 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
Eugene F Maloney director, officer: Vice President FEDERATED INVESTORS TOWER, 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
Joseph C Bartolacci director
Thomas E Territ officer: Vice President FEDERATED INVESTORS, INC., FEDERATED INVESTORS TOWER, PITTSBURGH PA 15222-3779