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Metro (MTRAF) Equity-to-Asset : 0.49 (As of Mar. 2024)


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What is Metro Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Metro's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $5,062 Mil. Metro's Total Assets for the quarter that ended in Mar. 2024 was $10,263 Mil. Therefore, Metro's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.49.

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

MTRAF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45   Med: 0.49   Max: 0.54
Current: 0.49

During the past 13 years, the highest Equity to Asset Ratio of Metro was 0.54. The lowest was 0.45. And the median was 0.49.

MTRAF's Equity-to-Asset is ranked better than
62.54% of 315 companies
in the Retail - Defensive industry
Industry Median: 0.39 vs MTRAF: 0.49

Metro Equity-to-Asset Historical Data

The historical data trend for Metro'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.

Metro Equity-to-Asset Chart

Metro Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.46 0.47 0.49 0.49

Metro Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial 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 0.49 0.49 0.49 0.49 0.49

Competitive Comparison of Metro's Equity-to-Asset

For the Grocery Stores subindustry, Metro'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.


Metro's Equity-to-Asset Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Metro's Equity-to-Asset distribution charts can be found below:

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



Metro 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.

Metro's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=5026.384/10247.062
=0.49

Metro's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=5062.278/10262.855
=0.49

* 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.


Metro  (OTCPK:MTRAF) 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%.


Metro Equity-to-Asset Related Terms

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


Metro (MTRAF) Business Description

Traded in Other Exchanges
Address
11011 Maurice-Duplessis, Finances, Montreal, Montreal, QC, CAN, H1C 1V6
Metro is the third-largest grocery retailer in Canada (behind Loblaw and Sobeys) and also owns the top pharmacy chain in Quebec, Jean Coutu, following the 2018 acquisition. Its grocery banners include supermarket chain Metro, discounters Super C and Food Basics, and ethnic food grocer Adonis, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks. Metro operates both as a food retailer and a franchisor, licensing its trademarks and supplying merchandise to registered pharmacists. The firm also acts as a wholesaler and distributor to serve smaller, neighborhood grocery stores. Unlike peers Loblaw and Sobeys that operate chain stores across Canada, Metro's operations are concentrated in the provinces of Quebec and Ontario, with no presence in western Canada.

Metro (MTRAF) Headlines

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