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Walgreen Co (NYSE:WAG)
Equity to Asset Ratio
0.55 (As of Aug. 2014)

Equity to Asset ratio is calculated as shareholders tangible equity divided by its total asset. Walgreen Co's total equity for the quarter that ended in Aug. 2014 was \$20,457 Mil. Walgreen Co's total assets for the quarter that ended in Aug. 2014 was \$37,182 Mil. Therefore, Walgreen Co's Equity to Asset Ratio for the quarter that ended in Aug. 2014 was 0.55.

WAG' s 10-Year Equity to Asset Range
Min: 0.54   Max: 0.63
Current: 0.55

0.54
0.63

During the past 13 years, the highest Equity to Asset Ratio of Walgreen Co was 0.63. The lowest was 0.54. And the median was 0.57.

WAG's Equity to Assetis ranked higher than
85% of the 554 Companies
in the Global Pharmaceutical Retailers industry.

( Industry Median: 0.42 vs. WAG: 0.55 )

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 total shareholders' equity by total assets.

Walgreen Co's Equity to Asset Ratio for the fiscal year that ended in Aug. 2014 is calculated as

 Equity to Asset (A: Aug. 2014 ) = Total Equity / Total Assets = 20457 / 37182 = 0.55

Walgreen Co's Equity to Asset Ratio for the quarter that ended in Aug. 2014 is calculated as

 Equity to Asset (Q: Aug. 2014 ) = Total Equity / Total Assets = 20457 / 37182 = 0.55

* 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

Historical Data

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

Walgreen Co Annual Data

 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 equity2asset 0.61 0.59 0.58 0.57 0.57 0.55 0.54 0.55 0.55 0.55

Walgreen Co Quarterly Data

 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 equity2asset 0.55 0.55 0.52 0.53 0.53 0.55 0.55 0.56 0.57 0.55
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