SRSCQ (Sears Canada) Equity-to-Asset: 0.07 (As of Apr. 2017)

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What is Sears Canada Equity-to-Asset?

Sears Canada SRSCQ -99.00% Equity-to-Asset is 0.07 as of Apr. 2017.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sears Canada's Total Stockholders Equity for the quarter that ended in Apr. 2017 was $59 Mil. Sears Canada's Total Assets for the quarter that ended in Apr. 2017 was $884 Mil. Therefore, Sears Canada's Equity to Asset Ratio for the quarter that ended in Apr. 2017 was 0.07.

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

SRSCQ's Equity-to-Asset is not ranked *
in the Retail - Cyclical industry.
Industry Median: 0.44
* Ranked among companies with meaningful Equity-to-Asset only.

Sears Canada  (OTCPK:SRSCQ) 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%.


Sears Canada Equity-to-Asset Related Terms


Sears Canada Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Sears Canada'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.

Sears Canada Equity-to-Asset Chart

Sears Canada Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.45 0.32 0.34 0.18

Sears Canada Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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 0.30 0.27 0.21 0.18 0.07

Sears Canada Equity-to-Asset Competitor Comparison

For the Department Stores subindustry, Sears Canada'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.


Sears Canada Equity-to-Asset vs Retail - Cyclical Industry

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

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



Sears Canada 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.

Sears Canada's Equity to Asset Ratio for the fiscal year that ended in Jan. 2017 is calculated as

Equity to Asset (A: Jan. 2017 )=Total Stockholders Equity/Total Assets
=168.55/943.943
=0.18

Sears Canada's Equity to Asset Ratio for the quarter that ended in Apr. 2017 is calculated as

Equity to Asset (Q: Apr. 2017 )=Total Stockholders Equity/Total Assets
=59.239/883.679
=0.07

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.07 mean?
Sears Canada (SRSCQ) has a Equity-to-Asset of 0.07 as of Apr. 2017. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Sears Canada and its competitors.
Is Sears Canada's Equity-to-Asset too high?
Sears Canada's current Equity-to-Asset is 0.07. The Retail - Cyclical industry median Equity-to-Asset is 0.44. Sears Canada's value of 0.07 is 84.1% below this industry median.
How does Sears Canada's Equity-to-Asset compare to competitors?
Sears Canada's Equity-to-Asset of 0.07 can be compared against companies in the Retail - Cyclical industry. The industry median Equity-to-Asset is 0.44. Sears Canada's value of 0.07 is 84.1% below this benchmark. 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 1,138 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. Sears Canada's current Equity-to-Asset of 0.07 is 84.1% 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 Sears Canada 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. Sears Canada's current Equity-to-Asset is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sears Canada stock overvalued right now?
Sears Canada (SRSCQ) has a current Equity-to-Asset of 0.07. The current Equity-to-Asset is 0.07 and 84.1% below the Retail - Cyclical industry median of 0.44. 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 Sears Canada (SRSCQ), the current Equity-to-Asset is 0.07 as of Apr. 2017. 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.

Sears Canada Business Description

Address 290 Yonge Street, Suite 700, Toronto, ON, CAN, M5B 2C3
Sears Canada Inc is in the sale of goods and services through the Company's Retail channels. It comprised of one reportable segment, Merchandising. Which includes its full-line department, Sears Home, Hometown, Outlet, Corbeil Electrique Inc. stores, and its Direct (catalog/internet) channel. It also includes service revenue related primarily to logistics services provided through the Company. Commission revenue includes travel, home improvement services, insurance, wireless and long-distance plans. Licensee fee revenue is comprised of payments received from licensees that operate within the Company stores.