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Target (Target) Equity-to-Asset

: 0.24 (As of Jan. 2024)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Target's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $13,432 Mil. Target's Total Assets for the quarter that ended in Jan. 2024 was $55,356 Mil. Therefore, Target's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.24.

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

TGT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21   Med: 0.28   Max: 0.34
Current: 0.24

During the past 13 years, the highest Equity to Asset Ratio of Target was 0.34. The lowest was 0.21. And the median was 0.28.

TGT's Equity-to-Asset is ranked worse than
75.8% of 314 companies
in the Retail - Defensive industry
Industry Median: 0.39 vs TGT: 0.24

Target Equity-to-Asset Historical Data

The historical data trend for Target'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.

Target Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.28 0.28 0.24 0.21 0.24

Target Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.21 0.22 0.23 0.22 0.24

Competitive Comparison

For the Discount Stores subindustry, Target'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.


Target Equity-to-Asset Distribution

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

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



Target 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.

Target's Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Equity to Asset (A: Jan. 2024 )=Total Stockholders Equity/Total Assets
=13432/55356
=0.24

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

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=13432/55356
=0.24

* 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.


Target  (NYSE:TGT) 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%.


Target Equity-to-Asset Related Terms

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


Target (Target) Business Description

Address
1000 Nicollet Mall, Minneapolis, MN, USA, 55403
Target serves as the nation's sixth-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a top U.S. retailer.Today, Target operates over 1,900 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast physical footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.
Executives
Matthew L Zabel officer: Executive Officer 1000 NICOLLET MALL, TPS-3155, MINNEAPOLIS MN 55403
Christina Hennington officer: Executive Officer 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Don H Liu officer: Executive Officer 1000 NICOLLET MALL, TPS-3155, MINNEAPOLIS MN 55403
Brian C Cornell director, officer: Executive Officer 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Matthew A Liegel officer: Chief Accounting Officer 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
John J Mulligan officer: Executive Officer 1000 NICOLLET MALL, TPS-2672, MINNEAPOLIS MN 55403
Grace Puma Whiteford director C/O WILLIAM SONOMA, INC., 3250 VAN NESS AVENUE, SAN FRANCISCO CA 94109
Cara A Sylvester officer: Executive Officer 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Jill Sando officer: Executive Officer 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Melissa K Kremer officer: Executive Officer 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Michael J Fiddelke officer: Executive Officer 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Katie M Boylan officer: Executive Officer 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Robert M Harrison officer: Chief Accounting Officer 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Richard H. Gomez officer: Executive Officer 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Gail Boudreaux director GENZYME CORP., 500 KENDALL STREET, CAMBRIDGE MA 02142