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Choppies Enterprises (JSE:CHP) Equity-to-Asset : 0.09 (As of Jun. 2024)


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What is Choppies Enterprises Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Choppies Enterprises's Total Stockholders Equity for the quarter that ended in Jun. 2024 was R344 Mil. Choppies Enterprises's Total Assets for the quarter that ended in Jun. 2024 was R3,723 Mil. Therefore, Choppies Enterprises's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.09.

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

JSE:CHP' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.21   Med: 0.08   Max: 0.6
Current: 0.09

During the past 13 years, the highest Equity to Asset Ratio of Choppies Enterprises was 0.60. The lowest was -0.21. And the median was 0.08.

JSE:CHP's Equity-to-Asset is ranked worse than
94.53% of 311 companies
in the Retail - Defensive industry
Industry Median: 0.41 vs JSE:CHP: 0.09

Choppies Enterprises Equity-to-Asset Historical Data

The historical data trend for Choppies Enterprises'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.

Choppies Enterprises Equity-to-Asset Chart

Choppies Enterprises 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 -0.20 -0.21 -0.13 0.07 0.09

Choppies Enterprises 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 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 -0.13 -0.08 0.07 0.08 0.09

Competitive Comparison of Choppies Enterprises's Equity-to-Asset

For the Grocery Stores subindustry, Choppies Enterprises'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.


Choppies Enterprises's Equity-to-Asset Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Choppies Enterprises's Equity-to-Asset distribution charts can be found below:

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



Choppies Enterprises 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.

Choppies Enterprises'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
=343.685/3722.596
=0.09

Choppies Enterprises'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
=343.685/3722.596
=0.09

* 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.


Choppies Enterprises  (JSE:CHP) 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%.


Choppies Enterprises Equity-to-Asset Related Terms

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


Choppies Enterprises Business Description

Traded in Other Exchanges
Address
Plot 169, Gaborone International Commerce Park, Gaborone, BWA, 00278
Choppies Enterprises Ltd operates a supermarket chain store in Botswana. The company's supermarket store offers international food brands, fast-moving consumer goods products, and Choppies' private brand products. Its product offerings include groceries, fresh fruit and vegetables, bakery, butchery, takeaways, and value added/ financial services. The company segments consist of Botswana, Zambia, Zimbabwe, and Namibia. Majority of the revenue is derived from Botswana.

Choppies Enterprises Headlines

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