Fonterra Co-operative Group (NZSE:FCG) Equity-to-Asset : 0.43 (As of Jul. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Fonterra Co-operative Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fonterra Co-operative Group's Total Stockholders Equity for the quarter that ended in Jul. 2023 was NZ$7,906 Mil. Fonterra Co-operative Group's Total Assets for the quarter that ended in Jul. 2023 was NZ$18,601 Mil. Therefore, Fonterra Co-operative Group's Equity to Asset Ratio for the quarter that ended in Jul. 2023 was 0.43.

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

NZSE:FCG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33 Med: 0.39 Max: 0.43
Current: 0.43

During the past 13 years, the highest Equity to Asset Ratio of Fonterra Co-operative Group was 0.43. The lowest was 0.33. And the median was 0.39.

NZSE:FCG's Equity-to-Asset is ranked worse than
64.46% of 1936 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs NZSE:FCG: 0.43

Fonterra Co-operative Group Equity-to-Asset Historical Data

The historical data trend for Fonterra Co-operative 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.

Fonterra Co-operative Group Equity-to-Asset Chart

Fonterra Co-operative Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Equity-to-Asset

Get a 7-Day Free Trial

0.33

0.37

0.40

0.37

0.43

Fonterra Co-operative Group Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23
Equity-to-Asset	Get a 7-Day Free Trial															0.40	0.32	0.37	0.37	0.43

Competitive Comparison of Fonterra Co-operative Group's Equity-to-Asset

For the Packaged Foods subindustry, Fonterra Co-operative 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.

Fonterra Co-operative Group's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fonterra Co-operative Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Fonterra Co-operative Group's Equity-to-Asset falls into.

Fonterra Co-operative 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.

Fonterra Co-operative Group's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	7906	/	18601
	=	0.43

Fonterra Co-operative Group's Equity to Asset Ratio for the quarter that ended in Jul. 2023 is calculated as

Equity to Asset (Q: Jul. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	7906	/	18601
	=	0.43

Fonterra Co-operative Group (NZSE:FCG) 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%.

Fonterra Co-operative Group Equity-to-Asset Related Terms

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

Fonterra Co-operative Group (NZSE:FCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fonterra Co-operative Group Ltd (NZSE:FCG) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

109 Fanshawe Street, Auckland Central, Auckland, NZL, 1010

Website

https://www.fonterra.com

Fonterra Co-operative Group Ltd operates predominantly in the international dairy industry. The company is involved in the collection, manufacture, and sale of milk and milk-derived products through its ingredients, Consumer and Foodservice channels. The company's reportable segments are Global Markets, Greater China, and Core Operations and the majority of the revenue is generated from its core operations segment. Its primary geographic markets are China, the Rest of Asia, Australia, New Zealand, the United States, Latin America, and the Rest of the world.