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Sparton (Sparton) Equity-to-Asset : 0.34 (As of Dec. 2018)


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What is Sparton Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sparton's Total Stockholders Equity for the quarter that ended in Dec. 2018 was $75.5 Mil. Sparton's Total Assets for the quarter that ended in Dec. 2018 was $224.7 Mil. Therefore, Sparton's Equity to Asset Ratio for the quarter that ended in Dec. 2018 was 0.34.

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

SPA's Equity-to-Asset is not ranked *
in the Hardware industry.
Industry Median: 0.57
* Ranked among companies with meaningful Equity-to-Asset only.

Sparton Equity-to-Asset Historical Data

The historical data trend for Sparton'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.

Sparton Equity-to-Asset Chart

Sparton Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.35 0.32 0.38 0.32

Sparton Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.33 0.32 0.32 0.31 0.34

Competitive Comparison of Sparton's Equity-to-Asset

For the Electronic Components subindustry, Sparton'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.


Sparton's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sparton's Equity-to-Asset distribution charts can be found below:

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



Sparton 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.

Sparton's Equity to Asset Ratio for the fiscal year that ended in Jun. 2018 is calculated as

Equity to Asset (A: Jun. 2018 )=Total Stockholders Equity/Total Assets
=73.604/232.002
=0.32

Sparton's Equity to Asset Ratio for the quarter that ended in Dec. 2018 is calculated as

Equity to Asset (Q: Dec. 2018 )=Total Stockholders Equity/Total Assets
=75.486/224.722
=0.34

* 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.


Sparton  (NYSE:SPA) 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%.


Sparton Equity-to-Asset Related Terms

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


Sparton (Sparton) Business Description

Traded in Other Exchanges
N/A
Address
425 North Martingale Road, Suite 1000, Schaumburg, IL, USA, 60173
Sparton Corp is a provider of design, development, and manufacturing services for complex electromechanical devices and engineered products. The Company serves the medical & biotechnology, military & aerospace and industrial & commercial markets.
Executives
Joseph J Hartnett director, officer: Interim CEO & President 425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Frank Anders Wilson director C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Alan Lee Bazaar director 9 BEDFORD ROAD, KATONAH NY 10536
Charles R. Kummeth director 425 MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173-2213
John A. Janitz director 6644 CORNERSTONE LANE, ROCHESTER HILLS MI 48306
Michael W Osborne officer: Sr. VP - Corporate Development 105 NORTON STREET NEWARK NY 14513
Cary B Wood director, officer: CEO & President 425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Donald W Pearson officer: Sr. VP & CFO 425 N. MARTINGALE ROAD SUITE 2050 SCHAUMBURG IL 60173-2213
Stephanie A Martin officer: Senior Vice President 105 NORTON ST NEWARK NY 14513