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Sportsman's Warehouse HoldingsSPWH -1.75%47 Equity-to-Asset is 0.20 as of Apr. 2026, which is 13% below its 10-year median of 0.23. GuruFocus rates SPWH with a GF Score™ of 47/100 and a GF Value™ of $2.64 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,135 Retail - Cyclical companies, Sportsman's Warehouse Holdings ranks worse than 83.96% on this metric.
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%.
Sportsman's Warehouse Holdings Equity-to-Asset Related Terms
Sportsman's Warehouse Holdings Equity-to-Asset Historical Data
* 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.
SPWH vs NPT, ABLV, PTLE: Equity-to-Asset Comparison
For the Specialty Retail subindustry, Sportsman's Warehouse 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.
Sportsman's Warehouse Holdings Equity-to-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Sportsman's Warehouse Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Sportsman's Warehouse Holdings's Equity-to-Asset falls into.
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.
* 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.
Sportsman's Warehouse Holdings (SPWH) has a Equity-to-Asset of 0.20 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Sportsman's Warehouse Holdings and its competitors. This is 13% below median its historical median of 0.23. Over the past decade, Sportsman's Warehouse Holdings' Equity-to-Asset has ranged from 0.02 to 0.37. According to the industry distribution chart, Sportsman's Warehouse Holdings ranks #953 out of 1135 companies in the Retail - Cyclical industry, placing it in the top 84%.
Is Sportsman's Warehouse Holdings' Equity-to-Asset too high?
Sportsman's Warehouse Holdings' current Equity-to-Asset of 0.20 is 13% below median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.37. The Retail - Cyclical industry median Equity-to-Asset is 0.44. Sportsman's Warehouse Holdings' value of 0.20 is 54.5% below this industry median. Based on the distribution chart, Sportsman's Warehouse Holdings ranks #953 out of 1135 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Sportsman's Warehouse Holdings has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sportsman's Warehouse Holdings' Equity-to-Asset compare to NPT and ABLV?
According to the Retail - Cyclical industry distribution chart, Sportsman's Warehouse Holdings ranks #953 out of 1135 companies for Equity-to-Asset. This places Sportsman's Warehouse Holdings in the lower half of its industry. The industry median Equity-to-Asset is 0.44. Sportsman's Warehouse Holdings' value of 0.20 is 54.5% below this benchmark. Historically, Sportsman's Warehouse Holdings' own Equity-to-Asset has ranged from 0.02 to 0.37 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.44, Sportsman's Warehouse Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Retail - Cyclical company?
The median Equity-to-Asset among Retail - Cyclical companies is 0.44, based on 1,135 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sportsman's Warehouse Holdings's current Equity-to-Asset of 0.20 is 54.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Sportsman's Warehouse Holdings and its competitors. For the Retail - Cyclical industry, the median Equity-to-Asset is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sportsman's Warehouse Holdings's current Equity-to-Asset is 0.20, which is 13% below median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sportsman's Warehouse Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sportsman's Warehouse Holdings (SPWH) is currently considered Possible Value Trap. The stock's GF Value™ is $2.64, compared to a current price of $1.12 — trading 57.6% below its estimated fair value. The current Equity-to-Asset is 0.20, which is 13% below median its 10-year median of 0.23 and 54.5% below the Retail - Cyclical industry median of 0.44. Sportsman's Warehouse Holdings' overall GF Score™ is 47/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Sportsman's Warehouse Holdings (SPWH), the current Equity-to-Asset is 0.20 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sportsman's Warehouse Holdings (SPWH) Overvalued in 2026?
Based on GuruFocus' analysis, Sportsman's Warehouse Holdings stock appears to be undervalued.
The current stock price of $1.12 is trading 57.6% below its estimated GF Value™ of $2.64.
GuruFocus considers Sportsman's Warehouse Holdings to be Possible Value Trap.
Key valuation signals for SPWH:
Equity-to-Asset: 0.20 (13% below median its 10-year median of 0.23)
GF Value™: $2.64 vs. price of $1.12 (57.6% below fair value)
Industry Position: 54.5% below the Retail - Cyclical median (#953 of 1135)
No single metric tells the full story. See the SPWH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sportsman's Warehouse Holdings Business Description
Sportsman's Warehouse Holdings Inc together with its subsidiaries operates as an outdoor sporting goods retailer. It provides a one-stop shopping experience that equips customers with the right quality, brand name hunting, shooting, fishing, and camping gear to maximize enjoyment of the outdoors. The company offers products in the categories of Camping, Apparel, Fishing, Footwear, Hunting and shooting, and Optics, Electronics, Accessories, and Other products. It provides products such as Backpacks, Jackets, Camp essentials, Hiking boots, GPS devices, ATV accessories and Fishing rods, among others. The company also offers an e-commerce experience, extensive in-store events and educational programming.
47GF Score
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