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Associated British Foods (FRA:AFO1) Equity-to-Asset : 0.59 (As of Aug. 2024)


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What is Associated British Foods Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Associated British Foods's Total Stockholders Equity for the quarter that ended in Aug. 2024 was €13,142 Mil. Associated British Foods's Total Assets for the quarter that ended in Aug. 2024 was €22,339 Mil. Therefore, Associated British Foods's Equity to Asset Ratio for the quarter that ended in Aug. 2024 was 0.59.

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

FRA:AFO1' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.6   Max: 0.69
Current: 0.59

During the past 13 years, the highest Equity to Asset Ratio of Associated British Foods was 0.69. The lowest was 0.56. And the median was 0.60.

FRA:AFO1's Equity-to-Asset is ranked better than
57.51% of 1932 companies
in the Consumer Packaged Goods industry
Industry Median: 0.55 vs FRA:AFO1: 0.59

Associated British Foods Equity-to-Asset Historical Data

The historical data trend for Associated British Foods'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.

Associated British Foods Equity-to-Asset Chart

Associated British Foods Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.59 0.58 0.59 0.59

Associated British Foods Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 0.58 0.59 0.59 0.59 0.59

Competitive Comparison of Associated British Foods's Equity-to-Asset

For the Packaged Foods subindustry, Associated British Foods'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.


Associated British Foods's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Associated British Foods's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Associated British Foods's Equity-to-Asset falls into.



Associated British Foods 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.

Associated British Foods's Equity to Asset Ratio for the fiscal year that ended in Aug. 2024 is calculated as

Equity to Asset (A: Aug. 2024 )=Total Stockholders Equity/Total Assets
=13142.101/22338.987
=0.59

Associated British Foods's Equity to Asset Ratio for the quarter that ended in Aug. 2024 is calculated as

Equity to Asset (Q: Aug. 2024 )=Total Stockholders Equity/Total Assets
=13142.101/22338.987
=0.59

* 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.


Associated British Foods  (FRA:AFO1) 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%.


Associated British Foods Equity-to-Asset Related Terms

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


Associated British Foods Business Description

Traded in Other Exchanges
Address
10 Grosvenor Street, Weston Centre, London, GBR, W1K 4QY
Associated British Foods is a diversified international retail, food, and ingredients group with 130,000 employees and operations in 50 countries across Europe, southern Africa, the Americas, Asia, and Australia. The group sells branded grocery products, grows and processes sugar, supplies farmers with crop input and animal feed, and runs the popular Primark clothing retail chain. It also supplies ingredients like baker's yeast, enzymes, lipids, and cereal specialities. Some 40% of sales are in the UK. Primark generates more than half of the firm's operating profit.

Associated British Foods Headlines

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