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Quantum Foods Holdings (JSE:QFH) Equity-to-Asset : 0.67 (As of Mar. 2024)


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What is Quantum Foods Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Quantum Foods Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was R2,019 Mil. Quantum Foods Holdings's Total Assets for the quarter that ended in Mar. 2024 was R2,997 Mil. Therefore, Quantum Foods Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.67.

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

JSE:QFH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.65   Med: 0.72   Max: 0.76
Current: 0.67

During the past 10 years, the highest Equity to Asset Ratio of Quantum Foods Holdings was 0.76. The lowest was 0.65. And the median was 0.72.

JSE:QFH's Equity-to-Asset is ranked better than
69.47% of 1926 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs JSE:QFH: 0.67

Quantum Foods Holdings Equity-to-Asset Historical Data

The historical data trend for Quantum Foods 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.

Quantum Foods Holdings Equity-to-Asset Chart

Quantum Foods Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.71 0.72 0.67 0.69

Quantum Foods Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.72 0.67 0.65 0.69 0.67

Competitive Comparison of Quantum Foods Holdings's Equity-to-Asset

For the Farm Products subindustry, Quantum Foods 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.


Quantum Foods Holdings's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

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

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



Quantum Foods 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.

Quantum Foods Holdings's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=2015.936/2933.628
=0.69

Quantum Foods Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=2019.019/2996.973
=0.67

* 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.


Quantum Foods Holdings  (JSE:QFH) 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%.


Quantum Foods Holdings Equity-to-Asset Related Terms

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Quantum Foods Holdings (JSE:QFH) Business Description

Traded in Other Exchanges
N/A
Address
11 Main Road, Wellington, WC, ZAF, 7655
Quantum Foods Holdings Ltd is a food manufacturing company. It is engaged in the feeds and poultry business providing animal protein to selected South African and African markets. The company's segments include Eggs, Farming, Animal feeds, and other African countries. Quantum Foods comprises eggs, broiler and layer farming and animal feeds in South Africa. The company derives majority of its revenue from Animal feeds.

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