Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The Home Depot's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $1,044 Mil. The Home Depot's Total Assets for the quarter that ended in Jan. 2024 was $76,530 Mil.
Therefore, The Home Depot's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.01.
The historical rank and industry rank for The Home Depot's Equity-to-Asset or its related term are showing as below:
HD'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.06 Med: 0.03 Max: 0.23
Current: 0.01
During the past 13 years, the highest Equity to Asset Ratio of The Home Depot was 0.23. The lowest was -0.06. And the median was 0.03.
HD's Equity-to-Asset is ranked worse than 94.99% of 1117
companies
in the Retail - Cyclical industry
Industry Median: 0.44
vs HD: 0.01
The Home Depot Equity-to-Asset Historical Data
The historical data trend for The Home Depot'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.
For the Home Improvement Retail subindustry, The Home Depot'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.
The Home Depot Equity-to-Asset Distribution
For the Retail - Cyclical industry and Consumer Cyclical sector, The Home Depot's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where The Home Depot's Equity-to-Asset falls into.
The Home Depot 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.
The Home Depot's Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 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.
The Home Depot (NYSE:HD) 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%.
The Home Depot Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of The Home Depot's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Home Depot is the world's largest home improvement specialty retailer, operating more than 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the United States, Canada, and Mexico. Its stores offer numerous building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of distributor Interline Brands in 2015 allowed Home Depot to enter the maintenance, repair, and operations business, which has been expanded through the tie-up with HD Supply (2020). Moreover, the additions of the Company Store brought textile exposure to the lineup, while Redi Carpet added multifamily flooring.
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