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Tesco PLC (OTCPK:TSCDY)
Equity to Asset Ratio
0.31 (As of Aug. 2013)

Equity to Asset ratio is calculated as shareholder’s tangible equity divided by its total asset. Tesco PLC's total equity for the quarter that ended in Aug. 2013 was $24,959 Mil. Tesco PLC's total assets for the quarter that ended in Aug. 2013 was $80,200 Mil. Therefore, Tesco PLC's Equity to Asset Ratio for the quarter that ended in Aug. 2013 was 0.31.

TSCDY' s 10-Year Equity to Asset Range
Min: 0.28   Max: 0.59
Current: 0.33

0.28
0.59

During the past 13 years, the highest Equity to Asset Ratio of Tesco PLC was 0.59. The lowest was 0.28. And the median was 0.43.

TSCDY's Equity to Assetis ranked higher than
56% of the 482 Companies
in the Global Grocery Stores industry.

( Industry Median: 0.46 vs. TSCDY: 0.33 )

Definition

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 shareholder’s tangible equity divided by its total asset.

Tesco PLC's Equity to Asset Ratio for the fiscal year that ended in Feb. 2013 is calculated as

Equity to Asset (A: Feb. 2013 )=Total Equity/Total Assets
=25129.7134238/75609.3514329
=0.33

Tesco PLC's Equity to Asset Ratio for the quarter that ended in Aug. 2013 is calculated as

Equity to Asset (Q: Aug. 2013 )=Total Equity/Total Assets
=24958.6645469/80200.317965
=0.31

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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 Return on Equity 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%.


Related Terms

Return on Equity, Total Assets, Total Equity


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Tesco PLC Annual Data

Feb04Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13
equity2asset 0.430.430.420.430.400.280.320.350.350.33

Tesco PLC Semi-Annual Data

Feb09Aug09Feb10Aug10Feb11Aug11Feb12Aug12Feb13Aug13
equity2asset 0.280.300.320.320.350.350.350.340.330.31
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