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TransDigm Group (TransDigm Group) Equity-to-Asset

: -0.10 (As of Sep. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TransDigm Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-1,984 Mil. TransDigm Group's Total Assets for the quarter that ended in Sep. 2023 was $19,970 Mil. Therefore, TransDigm Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -0.10.

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

TDG' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.3   Med: -0.16   Max: -0.06
Current: -0.1

During the past 13 years, the highest Equity to Asset Ratio of TransDigm Group was -0.06. The lowest was -0.30. And the median was -0.16.

TDG's Equity-to-Asset is ranked worse than
93.93% of 313 companies
in the Aerospace & Defense industry
Industry Median: 0.45 vs TDG: -0.10

TransDigm Group Equity-to-Asset Historical Data

The historical data trend for TransDigm Group'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.

TransDigm Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.18 -0.22 -0.15 -0.21 -0.10

TransDigm Group 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 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 Premium Member Only Premium Member Only Premium Member Only -0.18 -0.15 -0.12 -0.10 -

Competitive Comparison

For the Aerospace & Defense subindustry, TransDigm Group'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.


TransDigm Group Equity-to-Asset Distribution

For the Aerospace & Defense industry and Industrials sector, TransDigm Group's Equity-to-Asset distribution charts can be found below:

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



TransDigm Group 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.

TransDigm Group'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
=-1984/19970
=-0.10

TransDigm Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-1984/19970
=-0.10

* 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.


TransDigm Group  (NYSE:TDG) 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%.


TransDigm Group Equity-to-Asset Related Terms

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


TransDigm Group (TransDigm Group) Business Description

Traded in Other Exchanges
Address
1301 East 9th Street, Suite 3000, Cleveland, OH, USA, 44114
TransDigm manufactures and services a diverse set of components and parts for commercial and military aircraft. The firm organizes itself in three segments: a power and control segment, airframes, and a small nonaviation segment, which serves mostly off-road vehicles and mining equipment. It operates as an acquisitive holding company that focuses its portfolio on firms that make proprietary products with substantial aftermarket demand. TransDigm regularly employs financial leverage to amplify its operating results.
Executives
Joel Reiss officer: Executive Vice President 1301 E. 9TH STREET, SUITE 3000, CLEVELAND OH 44114
W Nicholas Howley officer: Chief Executive Officer C/O TRANSDIGM INC., 1301 EAST NINTH STREET, SUITE 3710, CLEVELAND OH 44114
Michael Lisman officer: Chief Financial Officer 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114
Robert J Small director
Sean P Hennessy director C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE NW, CLEVELAND OH 44115
Jorge Valladares officer: Pres., Adel Wiggins Group ADELWIGGINS GROUP, 5000 TRIGGS STREET, LOS ANGELES CA 90022
Sarah Wynne officer: Corporate Accounting Officer 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114
Kevin M Stein officer: COO - Power TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114
Jessica L Warren officer: GC, CCO, Secretary 1301 EAST NINTH STREET, SUITE 3000, CLEVELAND OH 44114
Mervin Dunn director COMMERCIAL VEHICLE GROUP, INC., 6530 WEST CAMPUS WAY, NEW ALBANY OH 43054
John Staer director C.F.MOLLERS ALLE 16, 8TV, 2300 COPENHAGEN S G7 DK
Jane M. Cronin director 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Raymond F Laubenthal officer: President and COO TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3710, CLEVELAND OH 44114
Robert S Henderson officer: Exec.V.P. & Pres., AdelWiggins ADELWIGGINS GROUP, 5000 TRIGGS STREET, LOS ANGELES CA 90022
Halle Fine Terrion officer: GC, CCO, Secretary 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114

TransDigm Group (TransDigm Group) Headlines