Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Brown-Forman's Total Stockholders Equity for the quarter that ended in Oct. 2024 was $3,705 Mil. Brown-Forman's Total Assets for the quarter that ended in Oct. 2024 was $8,332 Mil.
Therefore, Brown-Forman's Equity to Asset Ratio for the quarter that ended in Oct. 2024 was 0.45.
The historical rank and industry rank for Brown-Forman's Equity-to-Asset or its related term are showing as below:
BF.A'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24 Med: 0.38 Max: 0.49
Current: 0.45
During the past 13 years, the highest Equity to Asset Ratio of Brown-Forman was 0.49. The lowest was 0.24. And the median was 0.38.
BF.A's Equity-to-Asset is ranked worse than 62.62% of 214
companies
in the Beverages - Alcoholic industry
Industry Median: 0.54
vs BF.A: 0.45
Brown-Forman Equity-to-Asset Historical Data
The historical data trend for Brown-Forman'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.
Competitive Comparison of Brown-Forman's Equity-to-Asset
For the Beverages - Wineries & Distilleries subindustry, Brown-Forman'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.
Brown-Forman's Equity-to-Asset Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Brown-Forman's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Brown-Forman's Equity-to-Asset falls into.
Brown-Forman 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.
Brown-Forman's Equity to Asset Ratio for the fiscal year that ended in Apr. 2024 is calculated as
* 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.
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%.
Brown-Forman Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Brown-Forman's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Brown-Forman is a us-based manufacturer of premium distilled spirits that generates close to 70% of revenues in the whiskey category, under well-known Tennessee whiskey brand Jack Daniel's and bourbon brands Woodford Reserve and Old Forester. It also manufactures and distributes tequila, vodka, rum, gin, and premium wines. The company generates 45% of sales from its home market, while the bulk of international revenues come from Europe, Australia, and Latin America. The Brown family controls over 50% of the economic interests and a 67% voting power of the company.
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