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Sanmina (STU:SAYN) Equity-to-Asset : 0.46 (As of Mar. 2024)


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What is Sanmina Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sanmina's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €1,998 Mil. Sanmina's Total Assets for the quarter that ended in Mar. 2024 was €4,311 Mil. Therefore, Sanmina's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.46.

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

STU:SAYN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34   Med: 0.42   Max: 0.46
Current: 0.46

During the past 13 years, the highest Equity to Asset Ratio of Sanmina was 0.46. The lowest was 0.34. And the median was 0.42.

STU:SAYN's Equity-to-Asset is ranked worse than
66.64% of 2485 companies
in the Hardware industry
Industry Median: 0.57 vs STU:SAYN: 0.46

Sanmina Equity-to-Asset Historical Data

The historical data trend for Sanmina'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.

Sanmina Equity-to-Asset Chart

Sanmina Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.43 0.44 0.38 0.45

Sanmina Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.44 0.46 0.45 0.46 0.46

Competitive Comparison of Sanmina's Equity-to-Asset

For the Electronic Components subindustry, Sanmina'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.


Sanmina's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sanmina's Equity-to-Asset distribution charts can be found below:

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



Sanmina 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.

Sanmina'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
=2032.306/4566.908
=0.45

Sanmina's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=1997.593/4311.362
=0.46

* 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.


Sanmina  (STU:SAYN) 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%.


Sanmina Equity-to-Asset Related Terms

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


Sanmina (STU:SAYN) Business Description

Traded in Other Exchanges
Address
2700 North First Street, San Jose, CA, USA, 95134
Sanmina Corp is a provider of integrated manufacturing solutions, components, and after-market services to original equipment manufacturers in the communications networks, storage, industrial, defense and aerospace end markets. The company operates in two business segments: Integrated Manufacturing Solutions, which consists of printed circuit board assembly and represents a majority of the firm's revenue; and Components, Products, and Services, which includes interconnect systems and mechanical systems. The firm generates revenue primarily in the United States, China, and Mexico, but has a presence around the world.

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