GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Halfords Group PLC (LSE:HFD) » Definitions » Equity-to-Asset

Halfords Group (LSE:HFD) Equity-to-Asset : 0.41 (As of Sep. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Halfords Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Halfords Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £551 Mil. Halfords Group's Total Assets for the quarter that ended in Sep. 2023 was £1,329 Mil. Therefore, Halfords Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.41.

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

LSE:HFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.51   Max: 0.58
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of Halfords Group was 0.58. The lowest was 0.31. And the median was 0.51.

LSE:HFD's Equity-to-Asset is ranked worse than
53.18% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs LSE:HFD: 0.41

Halfords Group Equity-to-Asset Historical Data

The historical data trend for Halfords 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.

Halfords Group Equity-to-Asset Chart

Halfords Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.31 0.39 0.43 0.42

Halfords Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.42 0.43 0.42 0.42 0.41

Competitive Comparison of Halfords Group's Equity-to-Asset

For the Specialty Retail subindustry, Halfords 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.


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

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

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



Halfords 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.

Halfords Group's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=562.8/1347.1
=0.42

Halfords Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=550.6/1328.7
=0.41

* 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.


Halfords Group  (LSE:HFD) 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%.


Halfords Group Equity-to-Asset Related Terms

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


Halfords Group (LSE:HFD) Business Description

Traded in Other Exchanges
Address
Icknield Street Drive, Washford West, Redditch, Worcestershire, GBR, B98 0DE
Halfords Group PLC is a British retailer of automotive and cycling products. The company also provides repair services. The company operates retail stores and auto centers in the United Kingdom and Ireland, and it participates in online retail as well. The business is divided into two segments: retail and auto centers. The retail segment operates retail outlets for its automotive, leisure, and cycling products. The auto centers segment operates centers for car servicing and repair in the U.K. Halfords' key cycling brands include Apollo, Carrera, and Boardman, but the company offers third-party bike brands as well.

Halfords Group (LSE:HFD) Headlines

No Headlines