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TPR (Tapestry) Equity-to-Asset : 0.22 (As of Sep. 2024)


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What is Tapestry Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tapestry's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $2,982 Mil. Tapestry's Total Assets for the quarter that ended in Sep. 2024 was $13,729 Mil. Therefore, Tapestry's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.22.

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

TPR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.39   Max: 0.7
Current: 0.22

During the past 13 years, the highest Equity to Asset Ratio of Tapestry was 0.70. The lowest was 0.19. And the median was 0.39.

TPR's Equity-to-Asset is ranked worse than
80.48% of 1122 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs TPR: 0.22

Tapestry Equity-to-Asset Historical Data

The historical data trend for Tapestry'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.

Tapestry Equity-to-Asset Chart

Tapestry Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.39 0.32 0.32 0.22

Tapestry Quarterly Data
Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.34 0.19 0.20 0.22 0.22

Competitive Comparison of Tapestry's Equity-to-Asset

For the Luxury Goods subindustry, Tapestry'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.


Tapestry's Equity-to-Asset Distribution in the Retail - Cyclical Industry

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

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



Tapestry 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.

Tapestry's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )=Total Stockholders Equity/Total Assets
=2896.9/13396.3
=0.22

Tapestry'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
=2981.9/13728.9
=0.22

* 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.


Tapestry  (NYSE:TPR) 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%.


Tapestry Equity-to-Asset Related Terms

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


Tapestry Business Description

Traded in Other Exchanges
Address
10 Hudson Yards, New York, NY, USA, 10001
Coach, Kate Spade, and Stuart Weitzman are Tapestry's fashion and accessory brands. The firm's products are sold through about 1,400 company-operated stores, wholesale channels, and e-commerce in North America (64% of fiscal 2024 sales), Europe, Asia (29% of fiscal 2024 sales), and elsewhere. Coach (76% of fiscal 2024 sales) is best known for affordable luxury leather products. Kate Spade (20% of fiscal 2023 sales) is known for colorful patterns and graphics. Women's handbags and accessories produced 69% of Tapestry's sales in fiscal 2024. Stuart Weitzman (4% of sales) generates virtually all its revenue from women's footwear.
Executives
Todd Kahn officer: SVP and General Counsel 516 WEST 34TH STREET, NEW YORK NY 10001
David E Howard officer: SVP, GC & Secretary 10 HUDSON YARDS, NEW YORK NY 10001
Manesh Dadlani officer: VP, Controller and PAO 10 HUDSON YARDS, NEW YORK NY 10001
Denise Kulikowsky officer: Chief People Officer 80 GRASSLANDS ROAD, ELMSFORD NY 10523
Lau Alan Ka Ming director 10 HUDSON YARDS, NEW YORK NY 10001
Thomas A. Glaser officer: Chief Operations Officer 10 HUDSON YARDS, 19TH FLOOR, NEW YORK NY 10001
Sarah Dunn officer: SVP, Human Resources 516 WEST 34TH STREET, NEW YORK NY 10001
Johanna W. Faber director 10 HUDSON YARDS, NEW YORK NY 10001
Scott A. Roe officer: CFO and Head of Strategy 105 CORPORATE CENTER BLVD., GREENSBORO NC 27408
Annabelle Yu Long director 516 WEST 34TH STREET, NEW YORK NY 10001
Ivan Menezes director C/O TAPESTRY, INC., 10 HUDSON YARDS, NEW YORK NY 10001
Thomas Greco director PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Pamela Lifford director 10 HUDSON YARDS, NEW YORK NY 10001
John P Bilbrey director
Elizabeth Fraser officer: CEO & Brand Pres. Kate Spade 10 HUDSON YARDS, NEW YORK NY 10001