Best Buy Co (BSP:BBYY34) Equity-to-Asset

: 0.20 (As of Jan. 2024)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Best Buy Co's Total Stockholders Equity for the quarter that ended in Jan. 2024 was R$15,015 Mil. Best Buy Co's Total Assets for the quarter that ended in Jan. 2024 was R$73,611 Mil. Therefore, Best Buy Co's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.20.

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

BSP:BBYY34' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17 Med: 0.25 Max: 0.34
Current: 0.2

During the past 13 years, the highest Equity to Asset Ratio of Best Buy Co was 0.34. The lowest was 0.17. And the median was 0.25.

BSP:BBYY34's Equity-to-Asset is ranked worse than
84.05% of 1116 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs BSP:BBYY34: 0.20

Best Buy Co Equity-to-Asset Historical Data

The historical data trend for Best Buy Co'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.

Best Buy Co Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Equity-to-Asset

0.22

0.24

0.17

0.18

0.20

Best Buy Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Equity-to-Asset																0.18	0.19	0.19	0.17	0.20

Competitive Comparison

For the Specialty Retail subindustry, Best Buy Co'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.

Best Buy Co Equity-to-Asset Distribution

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

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

Best Buy Co 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.

Best Buy Co's Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Equity to Asset (A: Jan. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	15015.265	/	73610.699
	=	0.20

Best Buy Co's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	15015.265	/	73610.699
	=	0.20

Best Buy Co (BSP:BBYY34) 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%.

Best Buy Co Equity-to-Asset Related Terms

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

Best Buy Co (BSP:BBYY34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Best Buy Co Inc (BSP:BBYY34) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

BBY:USA BBY:Mexico BUY:Germany

Address

7601 Penn Avenue South, Richfield, MN, USA, 55423

Website

https://www.investors.bestbuy.com

With $46.3 billion in consolidated fiscal 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., boasting roughly 8.5% share of the U.S. market and north of 35% share of offline sales, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.

Best Buy Co (BSP:BBYY34) Headlines

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