Ricegrowers (ASX:SGLLV) Equity-to-Asset : 0.44 (As of Oct. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Ricegrowers Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ricegrowers's Total Stockholders Equity for the quarter that ended in Oct. 2023 was A$550 Mil. Ricegrowers's Total Assets for the quarter that ended in Oct. 2023 was A$1,265 Mil. Therefore, Ricegrowers's Equity to Asset Ratio for the quarter that ended in Oct. 2023 was 0.44.

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

ASX:SGLLV' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38 Med: 0.49 Max: 0.61
Current: 0.44

During the past 5 years, the highest Equity to Asset Ratio of Ricegrowers was 0.61. The lowest was 0.38. And the median was 0.49.

ASX:SGLLV's Equity-to-Asset is ranked worse than
63.3% of 1921 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs ASX:SGLLV: 0.44

Ricegrowers Equity-to-Asset Historical Data

The historical data trend for Ricegrowers'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.

Ricegrowers Equity-to-Asset Chart

Ricegrowers Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

Equity-to-Asset

0.53

0.56

0.48

0.41

0.40

Ricegrowers Semi-Annual Data
	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Equity-to-Asset	Get a 7-Day Free Trial					0.50	0.41	0.38	0.40	0.44

Competitive Comparison of Ricegrowers's Equity-to-Asset

For the Farm Products subindustry, Ricegrowers'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.

Ricegrowers's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

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

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

Ricegrowers 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.

Ricegrowers's Equity to Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Equity to Asset (A: Apr. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	533.444	/	1326.963
	=	0.40

Ricegrowers's Equity to Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

Equity to Asset (Q: Oct. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	549.802	/	1264.905
	=	0.43

Ricegrowers (ASX:SGLLV) 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%.

Ricegrowers Equity-to-Asset Related Terms

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

Ricegrowers (ASX:SGLLV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ricegrowers Ltd (ASX:SGLLV) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

7H0:Germany

Address

57 Yanco Avenue, Leeton, NSW, AUS, 2705

Website

https://www.sunrice.com.au

Ricegrowers Ltd is engaged in offering varieties of rice and related products. The business activities of the company are operated under Rice Food, International Rice, Rice Food, Riviana, CopRice, and Corporate segments. The principal activities of the company and its entities consist of the purchase and storage of paddy rice, the milling, processing, manufacturing, procurement, distribution, and marketing of rice and related products, animal feed and nutrition products, groceries, and others. The company generates maximum revenue from the International Rice segment.

Ricegrowers (ASX:SGLLV) Headlines

No Headlines