Fisher & Paykel Healthcare (NZSE:FPH) Equity-to-Asset : 0.73 (As of Sep. 2023)

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What is Fisher & Paykel Healthcare Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fisher & Paykel Healthcare's Total Stockholders Equity for the quarter that ended in Sep. 2023 was NZ$1,752 Mil. Fisher & Paykel Healthcare's Total Assets for the quarter that ended in Sep. 2023 was NZ$2,390 Mil. Therefore, Fisher & Paykel Healthcare's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.73.

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

NZSE:FPH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61 Med: 0.73 Max: 0.8
Current: 0.73

During the past 13 years, the highest Equity to Asset Ratio of Fisher & Paykel Healthcare was 0.80. The lowest was 0.61. And the median was 0.73.

NZSE:FPH's Equity-to-Asset is ranked better than
62.53% of 870 companies
in the Medical Devices & Instruments industry
Industry Median: 0.65 vs NZSE:FPH: 0.73

Fisher & Paykel Healthcare Equity-to-Asset Historical Data

The historical data trend for Fisher & Paykel Healthcare'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.

Fisher & Paykel Healthcare Equity-to-Asset Chart

Fisher & Paykel Healthcare Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.76

0.68

0.73

0.80

Fisher & Paykel Healthcare Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial															0.78	0.80	0.71	0.80	0.73

Competitive Comparison of Fisher & Paykel Healthcare's Equity-to-Asset

For the Medical Instruments & Supplies subindustry, Fisher & Paykel Healthcare'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.

Fisher & Paykel Healthcare's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Fisher & Paykel Healthcare's Equity-to-Asset falls into.

Fisher & Paykel Healthcare 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.

Fisher & Paykel Healthcare's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1753.4	/	2204.5
	=	0.80

Fisher & Paykel Healthcare'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
	=	1751.8	/	2389.8
	=	0.73

Fisher & Paykel Healthcare (NZSE:FPH) 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%.

Fisher & Paykel Healthcare Equity-to-Asset Related Terms

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

Fisher & Paykel Healthcare (NZSE:FPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Fisher & Paykel Healthcare Corp Ltd (NZSE:FPH) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

FSPKF:USA FPLB:Germany FPH:Australia

Address

15 Maurice Paykel Place, East Tamaki, Auckland, NTL, NZL, 2013

Website

https://www.fphcare.com

Fisher & Paykel Healthcare is one of the three largest respiratory care device companies globally. It is the market leader in hospital use humidifiers, masks and related consumables and the number three player in the at-home treatment of sleep apnoea using respiratory devices. Both the hospital and homecare markets for respiratory devices are growing strongly in the developed markets in which Fisher & Paykel has a presence. The company earns 42% of its revenue in the U.S., 32% in Europe, 18% in Asia-Pacific and the remaining 8% in emerging markets. Fisher conducts its own R&D and has thousands of patents and pending applications. It manufactures in New Zealand and Mexico and has a multichannel distribution model.