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Siemens Healthineers AG (Siemens Healthineers AG) Equity-to-Asset : 0.39 (As of Dec. 2023)


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What is Siemens Healthineers AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Siemens Healthineers AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $19,446 Mil. Siemens Healthineers AG's Total Assets for the quarter that ended in Dec. 2023 was $49,652 Mil. Therefore, Siemens Healthineers AG's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.39.

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

SMMNY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.4   Max: 0.5
Current: 0.39

During the past 9 years, the highest Equity to Asset Ratio of Siemens Healthineers AG was 0.50. The lowest was 0.12. And the median was 0.40.

SMMNY's Equity-to-Asset is ranked worse than
78.28% of 870 companies
in the Medical Devices & Instruments industry
Industry Median: 0.65 vs SMMNY: 0.39

Siemens Healthineers AG Equity-to-Asset Historical Data

The historical data trend for Siemens Healthineers AG'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.

Siemens Healthineers AG Equity-to-Asset Chart

Siemens Healthineers AG Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.46 0.50 0.39 0.40 0.39

Siemens Healthineers AG 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 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 0.40 0.38 0.38 0.39 0.39

Competitive Comparison of Siemens Healthineers AG's Equity-to-Asset

For the Medical Devices subindustry, Siemens Healthineers AG'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.


Siemens Healthineers AG's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

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

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



Siemens Healthineers AG 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.

Siemens Healthineers AG'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
=19296.692/49822.839
=0.39

Siemens Healthineers AG's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=19446.02/49652.126
=0.39

* 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.


Siemens Healthineers AG  (OTCPK:SMMNY) 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%.


Siemens Healthineers AG Equity-to-Asset Related Terms

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Siemens Healthineers AG (Siemens Healthineers AG) Business Description

Traded in Other Exchanges
Address
Siemensstr. 3, Forchheim, BY, DEU, 91301
Siemens Healthineers AG is engaged in the fields of diagnostic, therapeutic imaging, laboratory and point of care diagnostics as well as clinical consulting services. The imaging segment products equipment include magnetic resonance imaging, computed tomography, X-ray systems, molecular imaging and ultrasound. The portfolio of the Diagnostics segment includes; immunochemistry, hematology, coagulation, urinalysis, etc. Advanced Therapies segment products are designed to support image-guided minimally invasive treatments in cardiology, interventional radiology and surgery. Varian segment provides multi-modality cancer care technologies, solutions and services to oncology departments in hospitals and clinics. It caters and earns revenue from Europe, the Middle East, Africa, China and others.