The Scotts Miracle Gro Co (The Scotts Miracle Gro Co) Equity-to-Asset

: -0.10 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The Scotts Miracle Gro Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-385 Mil. The Scotts Miracle Gro Co's Total Assets for the quarter that ended in Dec. 2023 was $3,716 Mil. Therefore, The Scotts Miracle Gro Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.10.

The historical rank and industry rank for The Scotts Miracle Gro Co's Equity-to-Asset or its related term are showing as below:

SMG' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.1 Med: 0.19 Max: 0.3
Current: -0.1

During the past 13 years, the highest Equity to Asset Ratio of The Scotts Miracle Gro Co was 0.30. The lowest was -0.10. And the median was 0.19.

SMG's Equity-to-Asset is ranked worse than
97.21% of 251 companies
in the Agriculture industry
Industry Median: 0.54 vs SMG: -0.10

The Scotts Miracle Gro Co Equity-to-Asset Historical Data

The historical data trend for The Scotts Miracle Gro Co'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.

The Scotts Miracle Gro Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Equity-to-Asset

0.24

0.21

0.03

-0.08

The Scotts Miracle Gro Co 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																0.01	0.03	0.03	-0.08	-0.10

Competitive Comparison

For the Agricultural Inputs subindustry, The Scotts Miracle Gro Co'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.

The Scotts Miracle Gro Co Equity-to-Asset Distribution

For the Agriculture industry and Basic Materials sector, The Scotts Miracle Gro Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where The Scotts Miracle Gro Co's Equity-to-Asset falls into.

The Scotts Miracle Gro Co 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.

The Scotts Miracle Gro Co'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
	=	-267.3	/	3413.7
	=	-0.08

The Scotts Miracle Gro Co'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
	=	-385.4	/	3716.1
	=	-0.10

The Scotts Miracle Gro Co (NYSE:SMG) 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%.

The Scotts Miracle Gro Co Equity-to-Asset Related Terms

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The Scotts Miracle Gro Co (The Scotts Miracle Gro Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » The Scotts Miracle Gro Co (NYSE:SMG) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

SCQA:Germany SCQA:Germany

Address

14111 Scottslawn Road, Marysville, OH, USA, 43041

Website

https://www.scottsmiraclegro.com

Scotts Miracle-Gro is the largest provider of gardening and lawncare products in the United States. The majority of the company's sales are to large retailers that include Home Depot, Lowe's, and Walmart. Scotts Miracle-Gro can sell its products at a higher price point than its competition because of a well-recognized portfolio of brands that include Miracle-Gro, Roundup, Ortho, Tomcat, and Scotts. Scotts is also the leading supplier of cannabis-growing equipment in North America through its Hawthorne business.

Executives

Nancy G. Mistretta	director	14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Kelly Thomas N Jr	director	C/O THE SCOTTS MIRACLE-GRO COMPANY, 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Hagedorn Partnerships L P	10 percent owner	SCOTTS MIRACLE-GRO PRODUCTS INC, 800 PORT WASHINGTON BLVD, PORT WASHINGTON NY 11050
James Hagedorn	director, 10 percent owner, officer: President and CEO	C/O SCOTTS CO, 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Julie Demuesy	officer: SVP, CHIEF HUMAN RESOURCES	14111 SCOTTSLAWN RD, MARYSVILLE OH 43041
Mark D Kingdon	director	14111 SCOTTSLAWN RD, MARYSVILLE OH 43041
Stephen L Johnson	director	14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Edith Aviles	director	14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Dimiter Todorov	officer: EVP, GC & CORPORATE SECRETARY	14111 SCOTTSLAWN RD, MARYSVILLE OH 43041
Matthew E Garth	officer: EVP & CFO	622 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
David C Evans	officer: EVP and CFO	C/O THE SCOTTS MIRACLE-GRO COMPANY, 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Peter E Shumlin	director	14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Brian E Sandoval	director	14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
James D King	officer: EVP and CCO	14111 SCOTTSLAWN RD, MARYSVILLE OH 43041
Gerald Volas	director	C/O TREX COMPANY INC., 160 EXETER DRIVE, WINCHESTER VA 22603