Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Howden Joinery Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £978 Mil. Howden Joinery Group's Total Assets for the quarter that ended in Dec. 2023 was £2,065 Mil.
Therefore, Howden Joinery Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.47.
The historical rank and industry rank for Howden Joinery Group's Equity-to-Asset or its related term are showing as below:
LSE:HWDN'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43 Med: 0.51 Max: 0.66
Current: 0.47
During the past 13 years, the highest Equity to Asset Ratio of Howden Joinery Group was 0.66. The lowest was 0.43. And the median was 0.51.
LSE:HWDN's Equity-to-Asset is ranked worse than 63.15% of 426
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.54
vs LSE:HWDN: 0.47
Howden Joinery Group Equity-to-Asset Historical Data
The historical data trend for Howden Joinery 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.
For the Furnishings, Fixtures & Appliances subindustry, Howden Joinery 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.
Howden Joinery Group Equity-to-Asset Distribution
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Howden Joinery Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Howden Joinery Group's Equity-to-Asset falls into.
Howden Joinery 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.
Howden Joinery Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Howden Joinery Group (LSE:HWDN) 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%.
Howden Joinery Group Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Howden Joinery Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Howden Joinery Group (LSE:HWDN) Business Description
Howden Joinery Group PLC is a U.K.-based company that manufactures, sources, and sells kitchen and joinery products. The Group's operations are mainly located in the United Kingdom with a small presence in France, Belgium, and the Republic of Ireland. It generates the majority of its revenue from the U.K. The firm caters to small, local homebuilders. The company's products are divided among its kitchen collection, which includes kitchen accessories and cabinets; the appliance collection, which includes ovens, refrigeration, dishwashers, and laundry; the doors and joinery collection, which includes internal, external, and sliding doors and frames; the hardware collection, which includes door handles and accessories; the flooring collection; and the bathroom cabinet collection.
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