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Ascena Retail Group, Inc. (NAS:ASNA)
Equity to Asset Ratio
0.56 (As of Jan. 2014)

Equity to Asset ratio is calculated as shareholder’s tangible equity divided by its total asset. Ascena Retail Group, Inc.'s total equity for the quarter that ended in Jan. 2014 was $1,672 Mil. Ascena Retail Group, Inc.'s total assets for the quarter that ended in Jan. 2014 was $2,983 Mil. Therefore, Ascena Retail Group, Inc.'s Equity to Asset Ratio for the quarter that ended in Jan. 2014 was 0.56.

ASNA' s 10-Year Equity to Asset Range
Min: 0.35   Max: 0.81
Current: 0.56

0.35
0.81

During the past 13 years, the highest Equity to Asset Ratio of Ascena Retail Group, Inc. was 0.81. The lowest was 0.35. And the median was 0.64.

ASNA's Equity to Assetis ranked higher than
71% of the 1073 Companies
in the Global Apparel Stores industry.

( Industry Median: 0.52 vs. ASNA: 0.56 )

Definition

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 shareholder’s tangible equity divided by its total asset.

Ascena Retail Group, Inc.'s Equity to Asset Ratio for the fiscal year that ended in Jul. 2013 is calculated as

Equity to Asset (A: Jul. 2013 )=Total Equity/Total Assets
=1556.4/2871.7
=0.54

Ascena Retail Group, Inc.'s Equity to Asset Ratio for the quarter that ended in Jan. 2014 is calculated as

Equity to Asset (Q: Jan. 2014 )=Total Equity/Total Assets
=1671.6/2983.2
=0.56

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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 Return on Equity 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%.


Related Terms

Return on Equity, Total Assets, Total Equity


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Ascena Retail Group, Inc. Annual Data

Jul04Jul05Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13
equity2asset 0.520.440.490.520.540.560.610.630.480.54

Ascena Retail Group, Inc. Quarterly Data

Oct11Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14
equity2asset 0.630.660.650.480.480.510.540.540.540.56
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