Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Minerva Surgical's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $20.26 Mil. Minerva Surgical's Total Assets for the quarter that ended in Sep. 2023 was $72.79 Mil.
Therefore, Minerva Surgical's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.28.
The historical rank and industry rank for Minerva Surgical's Equity-to-Asset or its related term are showing as below:
UTRS'
s Equity-to-Asset Range Over the Past 10 Years
Min: -4.38 Med: 0.27 Max: 0.4
Current: 0.28
During the past 4 years, the highest Equity to Asset Ratio of Minerva Surgical was 0.40. The lowest was -4.38. And the median was 0.27.
UTRS's Equity-to-Asset is ranked worse than 85.86% of 870
companies
in the Medical Devices & Instruments industry
Industry Median: 0.65
vs UTRS: 0.28
Minerva Surgical Equity-to-Asset Historical Data
The historical data trend for Minerva Surgical'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 Minerva Surgical's Equity-to-Asset
For the Medical Devices subindustry, Minerva Surgical'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.
Minerva Surgical's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Minerva Surgical's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Minerva Surgical's Equity-to-Asset falls into.
Minerva Surgical 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.
Minerva Surgical's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 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%.
Minerva Surgical Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Minerva Surgical's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Minerva Surgical (Minerva Surgical) Business Description
Minerva Surgical Inc is a medical device company that develops therapeutic devices that treat abnormal uterine bleeding in a minimally invasive manner. The Company operates and manages its business as one reportable and operating segment, which is the business of research, development, and sale of therapeutic devices for abnormal uterine bleeding treatment.
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