What is Tempur Sealy International Equity-to-Asset?
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tempur Sealy International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $323 Mil. Tempur Sealy International's Total Assets for the quarter that ended in Dec. 2023 was $4,554 Mil.
Therefore, Tempur Sealy International's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.07.
The historical rank and industry rank for Tempur Sealy International's Equity-to-Asset or its related term are showing as below:
TPX'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.02 Med: 0.07 Max: 0.15
Current: 0.07
During the past 13 years, the highest Equity to Asset Ratio of Tempur Sealy International was 0.15. The lowest was -0.02. And the median was 0.07.
TPX's Equity-to-Asset is ranked worse than 96.71% of 426
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.54
vs TPX: 0.07
Tempur Sealy International Equity-to-Asset Historical Data
The historical data trend for Tempur Sealy International'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.
Competitive Comparison of Tempur Sealy International's Equity-to-Asset
For the Furnishings, Fixtures & Appliances subindustry, Tempur Sealy International'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.
Tempur Sealy International's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Tempur Sealy International's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Tempur Sealy International's Equity-to-Asset falls into.
Tempur Sealy International 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.
Tempur Sealy International's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 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.
Tempur Sealy International (NYSE:TPX) 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%.
Tempur Sealy International Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Tempur Sealy International's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Tempur Sealy International (Tempur Sealy International) Business Description
Tempur Sealy International Inc is one of the world's largest bedding providers. The firm develops and distributes bedding products globally through its North America and international segments (Europe, Asia Pacific, and Latin America). Tempur Sealy's products are divided into the bedding and other product categories. The bedding category comprises the majority of net sales. The primary distribution channels of the company within each segment are retail (including furniture and bedding retailers, department stores, and warehouse clubs) and other (including e-commerce platforms, company-owned stores, and third-party distributors). The majority of net sales is derived from retail. Some major brands of the firm include Tempur, Tempur-Pedic, Sealy, and Stearns and Foster.
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