GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Flowers Foods Inc (NYSE:FLO) » Definitions » Equity-to-Asset

Flowers Foods (Flowers Foods) Equity-to-Asset

: 0.39 (As of Dec. 2023)
View and export this data going back to 1987. Start your Free Trial

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Flowers Foods's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,352 Mil. Flowers Foods's Total Assets for the quarter that ended in Dec. 2023 was $3,427 Mil. Therefore, Flowers Foods's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.39.

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

FLO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39   Med: 0.44   Max: 0.47
Current: 0.39

During the past 13 years, the highest Equity to Asset Ratio of Flowers Foods was 0.47. The lowest was 0.39. And the median was 0.44.

FLO's Equity-to-Asset is ranked worse than
69.9% of 1917 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs FLO: 0.39

Flowers Foods Equity-to-Asset Historical Data

The historical data trend for Flowers Foods'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.

Flowers Foods Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.41 0.43 0.44 0.39

Flowers Foods Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.42 0.42 0.40 0.39

Competitive Comparison

For the Packaged Foods subindustry, Flowers Foods'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.


Flowers Foods Equity-to-Asset Distribution

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

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



Flowers Foods 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.

Flowers Foods's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1351.782/3426.953
=0.39

Flowers Foods's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1351.782/3426.953
=0.39

* 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.


Flowers Foods  (NYSE:FLO) 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%.


Flowers Foods Equity-to-Asset Related Terms

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


Flowers Foods (Flowers Foods) Business Description

Traded in Other Exchanges
Address
1919 Flowers Circle, Thomasville, GA, USA, 31757
Flowers Foods Inc is an American company producing bakery food for retail and foodservice across the United States. The product portfolio includes fresh breads, buns, rolls, snack cakes, and tortillas. The company distributes to supermarkets, convenience stores, and restaurants. The key brands are Nature's Own, Whitewheat, Cobblestone Bread, Wonder, Dave's Killer Bread, Canyon Bakehouse, Mrs. Freshley's, and Tastykake.
Executives
R Steve Kinsey officer: EVP & Chief Financial Officer 301 HABERSHAM ROAD, THOMASVILLE GA 31792
Stephanie B Tillman officer: Chief Legal Counsel 1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Ryals Mcmullian officer: Chief Strategy Officer 2922 IVANHOE ROAD, TALLAHASSEE FL 32312
Brigitte King director 1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Joanne D Smith director C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
H Mark Courtney officer: SVP Sales&Mkt Flowers Bakeries 16 MEANDER TRACE, THOMASVILLE GA 31792
Cindy Cox officer: Chief Human Resources Officer 1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Chubb Thomas Caldecot Iii director 999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
Melvin T Stith director 1111 BAY AVENUE, SUITE 501, COLUMBUS GA 31901
Thomas L Winters officer: Chief Supply Chain Officer 1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Heeth Iv Varnedoe officer: Chief Transformation Officer 1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
William Jameson Mcfadden director 140 BROADWAY, NEW YORK NY 10005
Brad Cashaw officer: Chief Supply Chain Officer 2711 NORTH HASKELL AVENUE, SUITE 3400, DALLAS TX 75204
Terry S Thomas director 6430 STEFANI DRIVE, DALLAS TX 75225
Casey Edward J. Jr. director 835 HAMILTON STREET, SUITE 150, ALLENTOWN PA 18101

Flowers Foods (Flowers Foods) Headlines

From GuruFocus

Flowers Foods to Report First Quarter 2023 Results Announcement

By sperokesalga sperokesalga 05-04-2023

FLOWERS FOODS TO ACQUIRE PAPA PITA BAKERY

By PRNewswire PRNewswire 12-13-2022

FLOWERS FOODS NAMES CINDY COX CHIEF HUMAN RESOURCES OFFICER

By PRNewswire PRNewswire 02-06-2023

FLOWERS FOODS DECLARES DIVIDEND

By PRNewswire 08-18-2023

Flowers Foods Is Not Appetizing at These Levels

By Tom Kerr, CFA 11-30-2022

Top 5 4th Quarter Trades of Thomasville National Bank

By GuruFocus Research GuruFocus Editor 01-10-2023

FLOWERS FOODS DECLARES DIVIDEND

By PRNewswire PRNewswire 05-25-2023