Eagers Automotive (ASX:APE) Equity-to-Asset : 0.27 (As of Dec. 2023)

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What is Eagers Automotive Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Eagers Automotive's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$1,270 Mil. Eagers Automotive's Total Assets for the quarter that ended in Dec. 2023 was A$4,721 Mil. Therefore, Eagers Automotive's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.27.

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

ASX:APE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17 Med: 0.33 Max: 0.47
Current: 0.27

During the past 13 years, the highest Equity to Asset Ratio of Eagers Automotive was 0.47. The lowest was 0.17. And the median was 0.33.

ASX:APE's Equity-to-Asset is ranked worse than
81.62% of 1311 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs ASX:APE: 0.27

Eagers Automotive Equity-to-Asset Historical Data

The historical data trend for Eagers Automotive'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.

Eagers Automotive Equity-to-Asset Chart

Eagers Automotive Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.17

0.23

0.29

0.27

Eagers Automotive Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.29	0.29	0.29	0.28	0.27

Competitive Comparison of Eagers Automotive's Equity-to-Asset

For the Auto & Truck Dealerships subindustry, Eagers Automotive'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.

Eagers Automotive's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Eagers Automotive's Equity-to-Asset distribution charts can be found below:

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

Eagers Automotive 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.

Eagers Automotive's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1270.102	/	4720.715
	=	0.27

Eagers Automotive's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1270.102	/	4720.715
	=	0.27

Eagers Automotive (ASX:APE) 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%.

Eagers Automotive Equity-to-Asset Related Terms

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

Eagers Automotive (ASX:APE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Eagers Automotive Ltd (ASX:APE) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

56 Edmondstone Street, Bowen Hills, Fortitude Valley, P.O. Box 199, Brisbane, QLD, AUS, 4006

Website

https://www.eagersautomotive.com.au

Eagers Automotive is the largest automotive retailing group in the Australian market, with an estimated share of over 11% of new vehicle sales. The company offers a range of products and services, including the sale of new and used vehicles, vehicle repair services, and parts, among others. The company also facilitates vehicle financing through third-party providers. Additionally, Eagers operates a truck retailing business, offering a similar range of products and services.