Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Envista Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $4,140 Mil. Envista Holdings's Total Assets for the quarter that ended in Mar. 2024 was $6,556 Mil.
Therefore, Envista Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.63.
The historical rank and industry rank for Envista Holdings's Equity-to-Asset or its related term are showing as below:
NVST'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52 Med: 0.62 Max: 0.83
Current: 0.63
During the past 8 years, the highest Equity to Asset Ratio of Envista Holdings was 0.83. The lowest was 0.52. And the median was 0.62.
NVST's Equity-to-Asset is ranked worse than 51.72% of 870
companies
in the Medical Devices & Instruments industry
Industry Median: 0.65
vs NVST: 0.63
Envista Holdings Equity-to-Asset Historical Data
The historical data trend for Envista Holdings'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 Envista Holdings's Equity-to-Asset
For the Medical Instruments & Supplies subindustry, Envista Holdings'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.
Envista Holdings's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Envista Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Envista Holdings's Equity-to-Asset falls into.
Envista Holdings 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.
Envista Holdings'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.
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%.
Envista Holdings Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Envista Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Envista Holdings (Envista Holdings) Business Description
Envista Holdings Corp is a dental products company. It develops, manufactures, and markets portfolios of dental consumables, equipment, and services to dental professionals. The company's business consists of two segments comprising Specialty Products and Technologies and Equipment and Consumables. The Company's Specialty Products & Technologies segment develops, manufactures, and markets dental implant systems, including regenerative solutions, dental prosthetics, and associated treatment software and technologies, as well as orthodontic bracket systems, aligners, and lab products. The Company's Equipment & Consumables segment manufactures dental equipment and supplies used in dental offices, including digital imaging systems, software and other visualization/magnification systems.
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