Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kenvue's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $10,621 Mil. Kenvue's Total Assets for the quarter that ended in Mar. 2024 was $27,283 Mil.
Therefore, Kenvue's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.39.
The historical rank and industry rank for Kenvue's Equity-to-Asset or its related term are showing as below:
KVUE'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39 Med: 0.57 Max: 0.73
Current: 0.39
During the past 5 years, the highest Equity to Asset Ratio of Kenvue was 0.73. The lowest was 0.39. And the median was 0.57.
KVUE's Equity-to-Asset is ranked worse than 70.08% of 1925
companies
in the Consumer Packaged Goods industry
Industry Median: 0.54
vs KVUE: 0.39
Kenvue Equity-to-Asset Historical Data
The historical data trend for Kenvue'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 Kenvue's Equity-to-Asset
For the Household & Personal Products subindustry, Kenvue'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.
Kenvue's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Kenvue's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Kenvue's Equity-to-Asset falls into.
Kenvue 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.
Kenvue'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.
Kenvue (NYSE:KVUE) 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%.
Kenvue Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Kenvue's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Kenvue is the world's largest pure-play consumer health company by sales, generating $15 billion in annual revenue. Formerly known as Johnson & Johnson's consumer segment, Kenvue spun off and went public in May 2023. It operates in a variety of silos within consumer health, such as cough, cold and allergy care, pain management, face and body care, and oral care, as well as women's health. Its portfolio includes a wide array of some of the most well-known brands in the space, including Tylenol, Listerine, Johnson's, Aveeno, and Neutrogena. Despite playing in a fragmented industry with intense competition and ever-changing consumer preferences, many of Kenvue's brands are the global leader in their respective segment thanks to their strong brand power.
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