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Mr Price Group (JSE:MRP) Equity-to-Asset : 0.45 (As of Sep. 2023)


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What is Mr Price Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mr Price Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was R13,082 Mil. Mr Price Group's Total Assets for the quarter that ended in Sep. 2023 was R29,122 Mil. Therefore, Mr Price Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.45.

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

JSE:MRP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45   Med: 0.6   Max: 0.78
Current: 0.45

During the past 13 years, the highest Equity to Asset Ratio of Mr Price Group was 0.78. The lowest was 0.45. And the median was 0.60.

JSE:MRP's Equity-to-Asset is ranked better than
52.82% of 1119 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs JSE:MRP: 0.45

Mr Price Group Equity-to-Asset Historical Data

The historical data trend for Mr Price 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.

Mr Price Group Equity-to-Asset Chart

Mr Price Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.55 0.55 0.53 0.45

Mr Price Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.54 0.53 0.52 0.45 0.45

Competitive Comparison of Mr Price Group's Equity-to-Asset

For the Apparel Retail subindustry, Mr Price 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.


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

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

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



Mr Price 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.

Mr Price Group's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=13014/28781
=0.45

Mr Price Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=13082/29122
=0.45

* 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.


Mr Price Group  (JSE:MRP) 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%.


Mr Price Group Equity-to-Asset Related Terms

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


Mr Price Group (JSE:MRP) Business Description

Traded in Other Exchanges
Address
65 Masabalala Yengwa Avenue, Upper Level Durban Station Complex, Stamford Hill, North Concourse, Durban, NL, ZAF, 4001
Mr Price Group Ltd is a retailer that sells proprietary-branded apparel and home goods through more than a thousand stores and online channels. It operates almost exclusively in Africa, with the vast majority of sales coming from South Africa. Its stores are concept-specific: mrp, the company's primary store, sells clothes, shoes, and accessories targeting young men and women; mrpSport stores sell sports apparel, equipment, footwear, and accessories; Miladys sells clothing for family-oriented women; mrpHome sells homeware and furniture, and Sheet Street sells home textile and decor products.

Mr Price Group (JSE:MRP) Headlines

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