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Accent Group (ASX:AX1) Equity-to-Asset : 0.36 (As of Dec. 2024)


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What is Accent Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Accent Group's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$446 Mil. Accent Group's Total Assets for the quarter that ended in Dec. 2024 was A$1,236 Mil. Therefore, Accent Group's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.36.

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

ASX:AX1' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.42   Max: 0.68
Current: 0.36

During the past 13 years, the highest Equity to Asset Ratio of Accent Group was 0.68. The lowest was 0.35. And the median was 0.42.

ASX:AX1's Equity-to-Asset is ranked worse than
61.68% of 1122 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs ASX:AX1: 0.36

Accent Group Equity-to-Asset Historical Data

The historical data trend for Accent Group'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.

Accent Group Equity-to-Asset Chart

Accent Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.39 0.36 0.38 0.37

Accent Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Equity-to-Asset Get a 7-Day Free Trial 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 0.37 0.38 0.37 0.37 0.36

Competitive Comparison of Accent Group's Equity-to-Asset

For the Apparel Retail subindustry, Accent Group'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.


Accent Group's Equity-to-Asset Distribution in the Retail - Cyclical Industry

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

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


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Accent Group 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.

Accent Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )=Total Stockholders Equity/Total Assets
=418.805/1147.947
=0.36

Accent Group's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=446.224/1235.923
=0.36

* 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.


Accent Group  (ASX:AX1) 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%.


Accent Group Equity-to-Asset Related Terms

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


Accent Group Business Description

Traded in Other Exchanges
N/A
Address
2/64 Balmain Street, Richmond, Melbourne, VIC, AUS, 3121
Accent Group is a retailer and wholesaler of footwear and apparel. It is the exclusive distributor of range of global brands, including Skechers, Vans, and Doctor Martens in Australia and New Zealand. Accent operates both monobranded stores and multibrand banners, such as Platypus, Hype DC, and The Athlete's Foot. With a network of more than 700 physical stores and 30 websites, Accent is the largest footwear retailer in Australia.

Accent Group Headlines

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