Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Costco Wholesale's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $20,760 Mil. Costco Wholesale's Total Assets for the quarter that ended in Feb. 2024 was $66,323 Mil.
Therefore, Costco Wholesale's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.31.
The historical rank and industry rank for Costco Wholesale's Equity-to-Asset or its related term are showing as below:
COST'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25 Med: 0.32 Max: 0.37
Current: 0.31
During the past 13 years, the highest Equity to Asset Ratio of Costco Wholesale was 0.37. The lowest was 0.25. And the median was 0.32.
COST's Equity-to-Asset is ranked worse than 64.65% of 314
companies
in the Retail - Defensive industry
Industry Median: 0.39
vs COST: 0.31
Costco Wholesale Equity-to-Asset Historical Data
The historical data trend for Costco Wholesale'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.
Costco Wholesale Annual Data
Trend
Aug14
Aug15
Aug16
Aug17
Aug18
Aug19
Aug20
Aug21
Aug22
Aug23
Equity-to-Asset
0.34
0.33
0.30
0.32
0.36
Costco Wholesale Quarterly Data
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
May22
Aug22
Nov22
Feb23
May23
Aug23
Nov23
Feb24
Equity-to-Asset
0.34
0.35
0.36
0.36
0.31
Competitive Comparison
For the Discount Stores subindustry, Costco Wholesale'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.
Costco Wholesale Equity-to-Asset Distribution
For the Retail - Defensive industry and Consumer Defensive sector, Costco Wholesale's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Costco Wholesale's Equity-to-Asset falls into.
Costco Wholesale 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.
Costco Wholesale's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 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.
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%.
Costco Wholesale Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Costco Wholesale's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates nearly 600 warehouses in the United States and boasts over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the U.K.
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