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Foot Locker (Foot Locker) Equity-to-Asset

: 0.42 (As of Jan. 2024)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Foot Locker's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $2,890 Mil. Foot Locker's Total Assets for the quarter that ended in Jan. 2024 was $6,868 Mil. Therefore, Foot Locker's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.42.

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

FL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38   Med: 0.53   Max: 0.71
Current: 0.42

During the past 13 years, the highest Equity to Asset Ratio of Foot Locker was 0.71. The lowest was 0.38. And the median was 0.53.

FL's Equity-to-Asset is ranked worse than
51.8% of 1114 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs FL: 0.42

Foot Locker Equity-to-Asset Historical Data

The historical data trend for Foot Locker'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.

Foot Locker Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.39 0.40 0.42 0.42

Foot Locker 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 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 Premium Member Only Premium Member Only Premium Member Only 0.42 0.43 0.43 0.43 0.42

Competitive Comparison

For the Apparel Retail subindustry, Foot Locker'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.


Foot Locker Equity-to-Asset Distribution

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

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



Foot Locker 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.

Foot Locker'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
=2890/6868
=0.42

Foot Locker'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
=2890/6868
=0.42

* 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.


Foot Locker  (NYSE:FL) 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%.


Foot Locker Equity-to-Asset Related Terms

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


Foot Locker (Foot Locker) Business Description

Traded in Other Exchanges
Address
330 West 34th Street, New York, NY, USA, 10001
Foot Locker Inc operates thousands of retail stores throughout the United States, Canada, Europe, Australia, and New Zealand. It also has one franchisee in the Middle East and one in South Korea, each of which operates multiple stores in those regions. The company mainly sells athletically inspired shoes and apparel. Foot Locker's merchandise comes from only a few suppliers, with Nike providing the majority. Store names include Foot Locker, Champs, and Runners Point. The company also has an e-commerce business selling through Footlocker.com, Eastbay, and Final-Score.
Executives
Mary N Dillon director, officer: President & CEO ULTA BEAUTY, INC., 1000 REMINGTON BLVD SUITE 120, BOLINGBROOK IL 60440
Jennifer Kraft officer: EVP and General Counsel C/O FOOT LOCKER, INC., NEW YORK NY 10001
Michael Baughn officer: EVP & Chief Financial Officer C/O FOOT LOCKER, INC., 140 FOUNTAIN PARKWAY, ST. PETERSBURG FL 33716
Robert Higginbotham officer: Interim CFO C/O FOOT LOCKER, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
John A Maurer officer: VP, Treasurer FOOT LOCKER, INC., 112 WEST 34TH STREET, NEW YORK NY 10120
Giovanna Cipriano officer: SVP & Chief Accounting Officer FOOT LOCKER, INC., 112 WEST 34TH STREET, NEW YORK NY 10120
Todd Greener officer: SVP, Global Supply Chain 330 WEST 34TH STREET, NEW YORK NY 10001
Richard A Johnson director, officer: President & CEO FOOT LOCKER, INC., 112 WEST 34TH STREET, NEW YORK NY 10120
Rosalind Reeves officer: EVP, Chief HR Officer C/O FOOT LOCKER, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
Elliott Rodgers officer: EVP, Chief Operations Officer C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Vesa Equity Investment S.a R.l. 10 percent owner 2, PLACE DE PARIS, LUXEMBOURG N4 L-2314
Nitin Neil Bansal officer: EVP,Chief Strat&Transform Off C/O FOOT LOCKER, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
Andrew E Page officer: EVP & Chief Financial Officer C/O FOOT LOCKER, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
Samantha Lomow officer: President, Global Brands 2400 WEST CENTRAL ROAD, HOFFMAN ESTATES IL 60192
Virginia Drosos director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11