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Best Buy Co Inc (NYSE:BBY)
Equity to Asset Ratio
0.34 (As of Apr. 2016)

Equity to Asset ratio is calculated as shareholder’s tangible equity divided by its total asset. Best Buy Co Inc's total equity for the quarter that ended in Apr. 2016 was $4,426 Mil. Best Buy Co Inc's total assets for the quarter that ended in Apr. 2016 was $12,901 Mil. Therefore, Best Buy Co Inc's Equity to Asset Ratio for the quarter that ended in Apr. 2016 was 0.34.

BBY' s Equity to Asset Range Over the Past 10 Years
Min: 0.17   Max: 0.48
Current: 0.34

0.17
0.48

During the past 13 years, the highest Equity to Asset Ratio of Best Buy Co Inc was 0.48. The lowest was 0.17. And the median was 0.34.

BBY's Equity to Asset is ranked lower than
72% of the 927 Companies
in the Global Specialty Retail industry.

( Industry Median: 0.48 vs. BBY: 0.34 )

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.

Best Buy Co Inc's Equity to Asset Ratio for the fiscal year that ended in Jan. 2016 is calculated as

Equity to Asset (A: Jan. 2016 )=Total Equity/Total Assets
=4378/13519
=0.32

Best Buy Co Inc's Equity to Asset Ratio for the quarter that ended in Apr. 2016 is calculated as

Equity to Asset (Q: Apr. 2016 )=Total Equity/Total Assets
=4426/12901
=0.34

* 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.

Best Buy Co Inc Annual Data

Feb06Feb07Feb08Feb09Feb10Feb11Feb12Jan14Jan15Jan16
equity2asset 0.440.460.350.290.350.370.230.280.330.32

Best Buy Co Inc Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
equity2asset 0.280.320.320.290.330.360.340.310.320.34
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