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McDonald's (McDonald's) Equity-to-Asset

: -0.08 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. McDonald's's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-4,707 Mil. McDonald's's Total Assets for the quarter that ended in Dec. 2023 was $56,147 Mil. Therefore, McDonald's's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.08.

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

MCD' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.19   Med: -0.09   Max: 0.38
Current: -0.08

During the past 13 years, the highest Equity to Asset Ratio of McDonald's was 0.38. The lowest was -0.19. And the median was -0.09.

MCD's Equity-to-Asset is ranked worse than
90.57% of 350 companies
in the Restaurants industry
Industry Median: 0.37 vs MCD: -0.08

McDonald's Equity-to-Asset Historical Data

The historical data trend for McDonald's'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.

McDonald's 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 -0.17 -0.15 -0.09 -0.12 -0.08

McDonald's 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 -0.12 -0.11 -0.10 -0.09 -0.08

Competitive Comparison

For the Restaurants subindustry, McDonald's'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.


McDonald's Equity-to-Asset Distribution

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

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



McDonald's 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.

McDonald's'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
=-4706.7/56146.8
=-0.08

McDonald's'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
=-4706.7/56146.8
=-0.08

* 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.


McDonald's  (NYSE:MCD) 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%.


McDonald's Equity-to-Asset Related Terms

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


McDonald's (McDonald's) Business Description

Address
110 North Carpenter Street, Chicago, IL, USA, 60607
McDonald's is the largest restaurant owner-operator in the world, with 2022 system sales of $116 billion across more than 40,000 stores and 115 markets. McDonald's pioneered the franchise model, building its footprint through partnerships with independent restaurant franchisees and master franchise partners around the globe. The firm earns roughly 60% of its revenue from franchise royalty fees and lease payments, with most of the remainder coming from company-operated stores across its three core segments: the United States, internationally operated markets, and international developmental/licensed markets.
Executives
Heidi B Capozzi officer: EVP - Chief People Officer C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, CHICAGO IL 60606-1596
Joseph M. Erlinger officer: President, McDonald's USA MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Marion K. Gross officer: EVP-Chief Supply Chain Officer MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Christopher J Kempczinski director, officer: President and CEO THREE LAKES DRIVE, NORTHFIELD IL 60093
Brian S Rice officer: EVP-Global Chief Info. Officer 7000 CARDINAL PLACE, DUBLIN OH 43017
Edith Morgan Flatley officer: EVP - Global CMO MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Ian Frederick Borden officer: EVP & CFO MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Enrique Jr Hernandez director, other: Non-Exec Chairman of the Board INTER-CON SECURITY SYSTEMS, INC., 210 SOUTH DELACEY AVENUE, PASADENA CA 91105
Desiree Ralls-morrison officer: EVP, Chief Legal Off. and Sec. C/O BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752
Manuel Jm Steijaert officer: EVP - Chief Customer Officer 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Jo Sempels officer: President, IDL MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Catherine A. Hoovel officer: SVP - Corporate Controller MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Catherine M. Engelbert director 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Rogers John W Jr director ARIEL CAPITAL MANAGEMENT, INC., 200 EAST RANDOLPH DRIVE, SUITE 2900, CHICAGO IL 60601
Jennifer L Taubert director JOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933

McDonald's (McDonald's) Headlines