Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Remy Cointreau's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1,897 Mil. Remy Cointreau's Total Assets for the quarter that ended in Sep. 2023 was $3,782 Mil.
Therefore, Remy Cointreau's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.50.
The historical rank and industry rank for Remy Cointreau's Equity-to-Asset or its related term are showing as below:
REMYF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44 Med: 0.54 Max: 0.57
Current: 0.5
During the past 13 years, the highest Equity to Asset Ratio of Remy Cointreau was 0.57. The lowest was 0.44. And the median was 0.54.
REMYF's Equity-to-Asset is ranked better than 50.93% of 214
companies
in the Beverages - Alcoholic industry
Industry Median: 0.5
vs REMYF: 0.50
Remy Cointreau Equity-to-Asset Historical Data
The historical data trend for Remy Cointreau'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.
Competitive Comparison of Remy Cointreau's Equity-to-Asset
For the Beverages - Wineries & Distilleries subindustry, Remy Cointreau'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.
Remy Cointreau's Equity-to-Asset Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Remy Cointreau's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Remy Cointreau's Equity-to-Asset falls into.
Remy Cointreau 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.
Remy Cointreau's Equity to Asset Ratio for the fiscal year that ended in Mar. 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%.
Remy Cointreau Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Remy Cointreau's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Remy Cointreau (Remy Cointreau) Business Description
Remy Cointreau is the world's second-largest distiller of cognac by volume, with a 15.8% global volume share in 2022, according to Euromonitor. Cognac represented 72% of Remy's sales and 90% of EBIT in the same year. The remainder of Remy's portfolio is made up of much smaller group-owned brands, including Cointreau orange liqueur, Metaxa Greek spirit, Mount Gay rum, Bruichladdich single malt scotch, The Botanist gin, Hautes Glaces French whiskey, and Westland American whiskey. The company also distributes third-party brands and in 2023 entered the fragrance business. Remy is controlled by the Andromede family, which owns 41% equity interest and consolidates the business in the Andromede Group. The Cointreau family owns a further 27%, and 41% of the equity is free float.
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