Beston Global Food Co (ASX:BFC) Equity-to-Asset : 0.13 (As of Dec. 2023)

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What is Beston Global Food Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Beston Global Food Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$14.0 Mil. Beston Global Food Co's Total Assets for the quarter that ended in Dec. 2023 was A$109.0 Mil. Therefore, Beston Global Food Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.13.

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

ASX:BFC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13 Med: 0.59 Max: 0.96
Current: 0.13

During the past 8 years, the highest Equity to Asset Ratio of Beston Global Food Co was 0.96. The lowest was 0.13. And the median was 0.59.

ASX:BFC's Equity-to-Asset is ranked worse than
91.41% of 1921 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs ASX:BFC: 0.13

Beston Global Food Co Equity-to-Asset Historical Data

The historical data trend for Beston Global Food 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.

Beston Global Food Co Equity-to-Asset Chart

Beston Global Food Co Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

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0.57

0.56

0.59

0.42

0.32

Beston Global Food Co Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial												0.49	0.42	0.54	0.32	0.13

Competitive Comparison of Beston Global Food Co's Equity-to-Asset

For the Packaged Foods subindustry, Beston Global Food 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.

Beston Global Food Co's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Beston Global Food Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Beston Global Food Co's Equity-to-Asset falls into.

Beston Global Food 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.

Beston Global Food Co's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	32.817	/	104.256
	=	0.31

Beston Global Food 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
	=	14.031	/	109.007
	=	0.13

Beston Global Food Co (ASX:BFC) 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%.

Beston Global Food Co Equity-to-Asset Related Terms

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Beston Global Food Co (ASX:BFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Beston Global Food Co Ltd (ASX:BFC) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

84 Greenhill Road, Ground Floor, Wayville, SA, AUS, 5034

Website

https://www.bestonglobalfoods.com.au

Beston Global Food Co Ltd is engaged in the production and distribution of food and beverage products. The company's products include milk, yogurt, flavored milk, seafood, meat and poultry products, and health nutrition products. It operates in two segments namely the Australian Dairy, and Corporate out of which the Australian Dairy segment accounts for the majority of revenue.