GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Micron Solutions Inc (OTCPK:MICRD) » Definitions » Equity-to-Asset

Micron Solutions (Micron Solutions) Equity-to-Asset : 0.35 (As of Mar. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Micron Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Micron Solutions's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $4.00 Mil. Micron Solutions's Total Assets for the quarter that ended in Mar. 2023 was $11.50 Mil. Therefore, Micron Solutions's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.35.

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

MICRD's Equity-to-Asset is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 0.65
* Ranked among companies with meaningful Equity-to-Asset only.

Micron Solutions Equity-to-Asset Historical Data

The historical data trend for Micron Solutions'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.

Micron Solutions Equity-to-Asset Chart

Micron Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.25 0.36 0.48 0.40

Micron Solutions Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.42 0.42 0.41 0.40 0.35

Competitive Comparison of Micron Solutions's Equity-to-Asset

For the Medical Devices subindustry, Micron Solutions'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.


Micron Solutions's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

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

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



Micron Solutions 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.

Micron Solutions's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=4.758/11.946
=0.40

Micron Solutions's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )=Total Stockholders Equity/Total Assets
=3.995/11.504
=0.35

* 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.


Micron Solutions  (OTCPK:MICRD) 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%.


Micron Solutions Equity-to-Asset Related Terms

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


Micron Solutions (Micron Solutions) Business Description

Traded in Other Exchanges
N/A
Address
25 Sawyer Passway, Fitchburg, MA, USA, 01420
Micron Solutions Inc is a diversified contract manufacturing organization that produces engineered medical device components requiring precision machining and injection molding. It provides design, engineering, quality, and regulatory expertise across the three product lines, machining, thermoplastic injection molding, and sensors. It's engaged in the production and sale of silver chloride-coated and conductive resin sensors used as consumable component parts in the manufacture of integrated disposable electrophysiological sensors. It also provides other value-added services, including the design, manufacture, and rehabilitation of injection molding tools, pad printing, ultrasonic welding, stamping, laser marking, clean room molding, and others.
Executives
Steven D. Heinemann 10 percent owner C/O GOOSE HILL CAPITAL, 546 FIFTH AVENUE, 14TH FLOOR, NEW YORK NY 10036
Wayne M Coll officer: CFO
Rodd Friedman director, 10 percent owner 12 SOUTH MAIN STREET, SUITE 203, NORWALK CT 06854
Jason Russell Chambers director 4355 COBB PKWY, SUITE J BOX 269, ATLANTA 2Q 30339
Robert A Mello director C/O IRIS INTERNATIONAL, INC., 9158 ETON AVENUE, CHATSWORTH CA 91311
William J. Laursen director, officer: Chief Executive Officer 13 PENINSULA ROAD, HARVARD MA 01451
Andrei Soran director 28 LOTHROP STREET, NEWTON MA 02460
Bryan Ganz director C/O ARRHYTHMIA RESEARCH TECHNOLOGY, INC., 25 SAWYER PASSWAY, FITCHBURG MA 01420
Ref Securities & Co. 10 percent owner 12 SOUTH MAIN STREET, SUITE 203, NORWALK CT 06854
Marco Benedetti director 9645 WEHRLE DRIVE, CLARENCE NY 14031
Salvatore Jr Emma director, officer: PRESIDENT and CEO 20 LONGLEY ROAD, SHIRLEY MA 01464
Derek Thomas Welch officer: Prin.Financial & Accounting 405 NEW WEST TOWNSEND ROAD, LUNENBURG MA 01462
Patrick L Muldoon director 215 HUBBARDSTON ROAD, PRINCETON MA 01541
Michael S Gunter director 104 CAMBRIDGE PLAZA DRIVE, WINSTON-SALEM NC 27104
Michael Francis Nolan officer: Chief Operating Officer 25 SAWYER PASSWAY, FITCHBURG MA 01420

Micron Solutions (Micron Solutions) Headlines