Myer Holdings (FRA:30M) Equity-to-Asset : 0.11 (As of Jan. 2024)

Myer Holdings Equity-to-Asset Chart

Myer Holdings Annual Data
	Trend	Jul14	Jul15	Jul16	Jul17	Jul18	Jul19	Jul20	Jul21	Jul22	Jul23
Equity-to-Asset		Get a 7-Day Free Trial					0.47	0.07	0.09	0.11	0.10

Myer Holdings Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Equity-to-Asset	Get a 7-Day Free Trial															0.10	0.11	0.11	0.10	0.11

Competitive Comparison of Myer Holdings's Equity-to-Asset

For the Department Stores subindustry, Myer Holdings'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.

Myer Holdings's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Myer Holdings's Equity-to-Asset distribution charts can be found below:

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

Myer Holdings 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.

Myer Holdings's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Myer Holdings's Equity to Asset Ratio for the quarter that ended in Jan. 2024 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.

Myer Holdings  (FRA:30M) 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%.

Myer Holdings Equity-to-Asset Related Terms

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Myer Holdings (FRA:30M) Business Description