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Hennes & Mauritz AB (Hennes & Mauritz AB) Equity-to-Asset : 0.27 (As of Feb. 2024)


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What is Hennes & Mauritz AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hennes & Mauritz AB's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $4,469 Mil. Hennes & Mauritz AB's Total Assets for the quarter that ended in Feb. 2024 was $16,666 Mil. Therefore, Hennes & Mauritz AB's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.27.

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

HNNMY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.46   Max: 0.69
Current: 0.27

During the past 13 years, the highest Equity to Asset Ratio of Hennes & Mauritz AB was 0.69. The lowest was 0.25. And the median was 0.46.

HNNMY's Equity-to-Asset is ranked worse than
81.4% of 1086 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs HNNMY: 0.27

Hennes & Mauritz AB Equity-to-Asset Historical Data

The historical data trend for Hennes & Mauritz AB'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.

Hennes & Mauritz AB Equity-to-Asset Chart

Hennes & Mauritz AB Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.31 0.33 0.28 0.26

Hennes & Mauritz AB Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.29 0.25 0.26 0.26 0.27

Competitive Comparison of Hennes & Mauritz AB's Equity-to-Asset

For the Apparel Manufacturing subindustry, Hennes & Mauritz AB'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.


Hennes & Mauritz AB's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hennes & Mauritz AB's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hennes & Mauritz AB's Equity-to-Asset falls into.



Hennes & Mauritz AB 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.

Hennes & Mauritz AB's Equity to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Equity to Asset (A: Nov. 2023 )=Total Stockholders Equity/Total Assets
=4453.765/16989.99
=0.26

Hennes & Mauritz AB's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=4468.763/16665.74
=0.27

* 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.


Hennes & Mauritz AB  (OTCPK:HNNMY) 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%.


Hennes & Mauritz AB Equity-to-Asset Related Terms

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Hennes & Mauritz AB (Hennes & Mauritz AB) Business Description

Address
Master Samuelsgatan 46A, Stockholm, SWE, SE-106 38
Hennes & Mauritz is a global multibrand fashion conglomerate that was founded in 1947. Its flagship H&M brand accounts for most of revenue, but the newer brands (COS, &Other Stories, Monki, Weekday, and newly launched Arket) are growing a bit faster. H&M commands low-single-digit market share in a fragmented global apparel market. Just under 70% of revenue is generated in Europe and Africa, 14% in Asia and Oceania, and 23% in North and South America. The company operates around 4,400 stores globally of which 3,947 are H&M-brand stores.

Hennes & Mauritz AB (Hennes & Mauritz AB) Headlines