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Becton Dickinson (FRA:BOX) Equity-to-Asset : 0.49 (As of Dec. 2023)


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What is Becton Dickinson Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Becton Dickinson's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €23,230 Mil. Becton Dickinson's Total Assets for the quarter that ended in Dec. 2023 was €47,935 Mil. Therefore, Becton Dickinson's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.49.

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

FRA:BOX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.41   Max: 0.49
Current: 0.49

During the past 13 years, the highest Equity to Asset Ratio of Becton Dickinson was 0.49. The lowest was 0.25. And the median was 0.41.

FRA:BOX's Equity-to-Asset is ranked worse than
70% of 870 companies
in the Medical Devices & Instruments industry
Industry Median: 0.65 vs FRA:BOX: 0.49

Becton Dickinson Equity-to-Asset Historical Data

The historical data trend for Becton Dickinson'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.

Becton Dickinson Equity-to-Asset Chart

Becton Dickinson Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.44 0.44 0.48 0.49

Becton Dickinson 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 0.48 0.47 0.49 0.49 0.49

Competitive Comparison of Becton Dickinson's Equity-to-Asset

For the Medical Instruments & Supplies subindustry, Becton Dickinson'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.


Becton Dickinson's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

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

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



Becton Dickinson 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.

Becton Dickinson's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=24171.789/49454.86
=0.49

Becton Dickinson'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
=23230.361/47935.258
=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.


Becton Dickinson  (FRA:BOX) 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%.


Becton Dickinson Equity-to-Asset Related Terms

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Becton Dickinson (FRA:BOX) Business Description

Address
1 Becton Drive, Franklin Lakes, NJ, USA, 07417-1880
Becton, Dickinson is the world's largest manufacturer and distributor of medical surgical products, such as needles, syringes, and sharps-disposal units. The company also manufactures pre-filled devices, diagnostic instruments and reagents, as well as flow cytometry and cell-imaging systems. BD Medical is nearly half of the total business, while BD Life Sciences (26% of estimated 2023 revenue) and BD Interventional (25%) account for the remainder. International revenue accounts for 43% of the company's business.