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BUA Foods (NSA:BUAFOODS) Equity-to-Asset : 0.34 (As of Sep. 2024)


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What is BUA Foods Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BUA Foods's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₦364,448 Mil. BUA Foods's Total Assets for the quarter that ended in Sep. 2024 was ₦1,071,124 Mil. Therefore, BUA Foods's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.34.

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

NSA:BUAFOODS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.35   Max: 0.43
Current: 0.34

During the past 4 years, the highest Equity to Asset Ratio of BUA Foods was 0.43. The lowest was 0.25. And the median was 0.35.

NSA:BUAFOODS's Equity-to-Asset is ranked worse than
78.96% of 1925 companies
in the Consumer Packaged Goods industry
Industry Median: 0.55 vs NSA:BUAFOODS: 0.34

BUA Foods Equity-to-Asset Historical Data

The historical data trend for BUA 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.

BUA Foods Equity-to-Asset Chart

BUA Foods Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.35 0.34 0.38 0.25

BUA Foods Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.34 0.25 0.29 0.36 0.34

Competitive Comparison of BUA Foods's Equity-to-Asset

For the Packaged Foods subindustry, BUA 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.


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

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

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


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BUA 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.

BUA Foods's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=262058.834/1070439.862
=0.24

BUA Foods's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=364447.974/1071124.109
=0.34

* 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.


BUA Foods  (NSA:BUAFOODS) 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%.


BUA Foods Equity-to-Asset Related Terms

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BUA Foods Business Description

Traded in Other Exchanges
N/A
Address
Churchgate Street, 3rd Floor BUA Towers, PC 32, P.O.Box 70106, Victoria Island, Lagos, NGA
BUA Foods PLC is involved in the food and fast-moving consumer goods business which processes, manufactures, and distributes food as well as packaged food. The company's business operations comprise five divisions, including Sugar, Flour, Pasta, Rice, and Edible Oils. It has four segments Flour segment, Sugar segment, Pasta segment, and Others. Maximum revenue is from sales of sugar.

BUA Foods Headlines

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