Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sanderson Farms's Total Stockholders Equity for the quarter that ended in Apr. 2022 was $2,358 Mil. Sanderson Farms's Total Assets for the quarter that ended in Apr. 2022 was $2,827 Mil.
Therefore, Sanderson Farms's Equity to Asset Ratio for the quarter that ended in Apr. 2022 was 0.83.
The historical rank and industry rank for Sanderson Farms's Equity-to-Asset or its related term are showing as below:
SAFM'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4 Med: 0.68 Max: 0.88
Current: 0.83
During the past 13 years, the highest Equity to Asset Ratio of Sanderson Farms was 0.88. The lowest was 0.40. And the median was 0.68.
SAFM's Equity-to-Asset is ranked better than 89.92% of 1836
companies
in the Consumer Packaged Goods industry
Industry Median: 0.53
vs SAFM: 0.83
Sanderson Farms Equity-to-Asset Historical Data
The historical data trend for Sanderson Farms'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.
Sanderson Farms Annual Data
Trend
Oct12
Oct13
Oct14
Oct15
Oct16
Oct17
Oct18
Oct19
Oct20
Oct21
Equity-to-Asset
0.83
0.84
0.80
0.77
0.79
Sanderson Farms Quarterly Data
Jul17
Oct17
Jan18
Apr18
Jul18
Oct18
Jan19
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Equity-to-Asset
0.75
0.78
0.79
0.79
0.83
Competitive Comparison
For the Packaged Foods subindustry, Sanderson Farms'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.
Sanderson Farms Equity-to-Asset Distribution
For the Consumer Packaged Goods industry and Consumer Defensive sector, Sanderson Farms's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Sanderson Farms's Equity-to-Asset falls into.
Sanderson Farms 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.
Sanderson Farms's Equity to Asset Ratio for the fiscal year that ended in Oct. 2021 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.
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%.
Sanderson Farms Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Sanderson Farms's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Sanderson Farms Inc is a dressed-chicken processor in the United States, producing and selling a variety of fresh, frozen, and value-added chicken products to grocers, food-service operators, and distributors. Most revenue is generated in the Southeastern, Southwestern, Northeastern, and Western United States. The company's product portfolio consists of tray packs and large birds, catering to grocery and food-service customers. It sells chill-packed, ice-packed, bulk-packed, and frozen chicken in whole, cut-up, and boneless form under the brand name Sanderson Farms to retailers, distributors, and casual dining operators in the United States.
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