Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Service International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,541 Mil. Service International's Total Assets for the quarter that ended in Dec. 2023 was $16,355 Mil.
Therefore, Service International's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.09.
The historical rank and industry rank for Service International's Equity-to-Asset or its related term are showing as below:
SCI'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09 Med: 0.11 Max: 0.13
Current: 0.09
During the past 13 years, the highest Equity to Asset Ratio of Service International was 0.13. The lowest was 0.09. And the median was 0.11.
SCI's Equity-to-Asset is ranked worse than 87.85% of 107
companies
in the Personal Services industry
Industry Median: 0.37
vs SCI: 0.09
Service International Equity-to-Asset Historical Data
The historical data trend for Service International'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.
Service International Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Equity-to-Asset
0.13
0.12
0.12
0.11
0.09
Service International 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
0.11
0.11
0.11
0.10
0.09
Competitive Comparison
For the Personal Services subindustry, Service International'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.
Service International Equity-to-Asset Distribution
For the Personal Services industry and Consumer Cyclical sector, Service International's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Service International's Equity-to-Asset falls into.
Service International 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.
Service International'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.
Service International (NYSE:SCI) 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%.
Service International Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Service International's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Service International (Service International) Business Description
Service Corp International is a personal services company that provides funeral and cemetery services and products from its locations throughout the United States and Canada. The company segments its operations into funeral service and cemetery business functions. At its funeral service locations, Service Corp. provides all professional services, facilities, vehicles, and merchandise related to funerals and cremations. Cemetery locations provide cemetery property, memorial markers, and graveyard services to customers. Service Corp. derives the majority of its revenue from its funeral locations, while the cemetery division also generates a significant amount of the company's total income. Geographically, the company gets a major share of revenue from the United States.
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