Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Molson Coors Beverage Co's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $13,031 Mil. Molson Coors Beverage Co's Total Assets for the quarter that ended in Jun. 2023 was $26,790 Mil.
Therefore, Molson Coors Beverage Co's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.49.
The historical rank and industry rank for Molson Coors Beverage Co's Equity-to-Asset or its related term are showing as below:
TAP'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39 Med: 0.48 Max: 0.65
Current: 0.49
During the past 13 years, the highest Equity to Asset Ratio of Molson Coors Beverage Co was 0.65. The lowest was 0.39. And the median was 0.48.
TAP's Equity-to-Asset is ranked better than 50.7% of 215
companies
in the Beverages - Alcoholic industry
Industry Median: 0.49
vs TAP: 0.49
Molson Coors Beverage Co Equity-to-Asset Historical Data
The historical data trend for Molson Coors Beverage 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.
Molson Coors Beverage Co Annual Data
Trend
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Equity-to-Asset
0.45
0.47
0.45
0.49
0.49
Molson Coors Beverage Co Quarterly Data
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Equity-to-Asset
0.49
0.49
0.49
0.49
0.49
Competitive Comparison
For the Beverages - Brewers subindustry, Molson Coors Beverage 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.
Molson Coors Beverage Co Equity-to-Asset Distribution
For the Beverages - Alcoholic industry and Consumer Defensive sector, Molson Coors Beverage Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Molson Coors Beverage Co's Equity-to-Asset falls in comparison to its industry or sector. The grey bar indicates the Equity-to-Asset's extreme value range as defined by GuruFocus.
Molson Coors Beverage 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.
Molson Coors Beverage Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 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.
Molson Coors Beverage Co (NYSE:TAP) 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%.
Molson Coors Beverage Co Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Molson Coors Beverage Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Molson Coors Beverage Co (NYSE:TAP) Business Description
Molson Coors owns well-known beer brands including Miller, Coors, Blue Moon, and Carling, and ranks as the second largest beer maker in both value and volume terms in the U.S., Canada, and the United Kingdom. Through licensing agreements, it also brews and distributes beer and hard seltzer under partner brands from Heineken, Anheuser-Busch InBev, Asahi, and Coca-Cola. The company uses independent distributors in the U.S. given the three-tier distribution requirements, while using a combination of distributors and an in-house sales team in Canada and Europe. North America remains its largest market contributing over 80% of total revenue.
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