Shoprite Holdings (FRA:HY7) Equity-to-Asset : 0.25 (As of Jun. 2024)

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What is Shoprite Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shoprite Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €1,401 Mil. Shoprite Holdings's Total Assets for the quarter that ended in Jun. 2024 was €5,662 Mil. Therefore, Shoprite Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.25.

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

FRA:HY7' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24 Med: 0.28 Max: 0.5
Current: 0.25

During the past 13 years, the highest Equity to Asset Ratio of Shoprite Holdings was 0.50. The lowest was 0.24. And the median was 0.28.

FRA:HY7's Equity-to-Asset is ranked worse than
77.16% of 1121 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs FRA:HY7: 0.25

Shoprite Holdings Equity-to-Asset Historical Data

The historical data trend for Shoprite Holdings'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.

Shoprite Holdings Equity-to-Asset Chart

Shoprite Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Equity-to-Asset

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0.24

0.27

0.28

0.26

0.25

Shoprite Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Equity-to-Asset	Get a 7-Day Free Trial															0.28	0.27	0.26	0.25	0.25

Competitive Comparison of Shoprite Holdings's Equity-to-Asset

For the Department Stores subindustry, Shoprite Holdings'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.

Shoprite Holdings's Equity-to-Asset Distribution in the Retail - Cyclical Industry

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

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

Shoprite Holdings 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.

Shoprite Holdings'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
	=	1400.928	/	5662.388
	=	0.25

Shoprite Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	1400.928	/	5662.388
	=	0.25

Shoprite Holdings (FRA:HY7) 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%.

Shoprite Holdings Equity-to-Asset Related Terms

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

Shoprite Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shoprite Holdings Ltd (FRA:HY7) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

SHOPRITE:Zambia SHP:South Africa SRGHY:USA SRH:Namibia

Address

Cnr William Dabs Street and Old Paarl Road, Brackenfell, WC, ZAF, 7560

Website

https://www.shopriteholdings.co.za

Shoprite Holdings Ltd is part of The Shoprite Group of Companies, an African food retailer, which operates in countries across Africa and the Indian Ocean Islands. The primary business is food retailing. Besides food retailing, the company is operating in furniture, house products, fast foods, pharmacies, and liquor business segments. The company is targeting consumers at all income levels. The Checkers, Checkers Hyper, and House & Home stores address higher-income groups, while Shoprite Usave focuses on the lower end of the market. Shoprite and OK Furniture offer products for the middle- to lower-income market. The company's reportable segment includes, Supermarkets RSA, Supermarkets Non-RSA, Furniture and Other operating segment.

Shoprite Holdings Headlines

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