Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alimentation Couche-Tard's Total Stockholders Equity for the quarter that ended in Jan. 2024 was C$17,852 Mil. Alimentation Couche-Tard's Total Assets for the quarter that ended in Jan. 2024 was C$48,650 Mil.
Therefore, Alimentation Couche-Tard's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.37.
The historical rank and industry rank for Alimentation Couche-Tard's Equity-to-Asset or its related term are showing as below:
TSX:ATD'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32 Med: 0.42 Max: 0.45
Current: 0.37
During the past 13 years, the highest Equity to Asset Ratio of Alimentation Couche-Tard was 0.45. The lowest was 0.32. And the median was 0.42.
TSX:ATD's Equity-to-Asset is ranked worse than 59.89% of 1117
companies
in the Retail - Cyclical industry
Industry Median: 0.44
vs TSX:ATD: 0.37
Alimentation Couche-Tard Equity-to-Asset Historical Data
The historical data trend for Alimentation Couche-Tard'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.
Competitive Comparison of Alimentation Couche-Tard's Equity-to-Asset
For the Specialty Retail subindustry, Alimentation Couche-Tard'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.
Alimentation Couche-Tard's Equity-to-Asset Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Alimentation Couche-Tard's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Alimentation Couche-Tard's Equity-to-Asset falls into.
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.
Alimentation Couche-Tard's Equity to Asset Ratio for the fiscal year that ended in Apr. 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.
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%.
Alimentation Couche-Tard Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Alimentation Couche-Tard's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Alimentation Couche-Tard (TSX:ATD) Business Description
Alimentation Couche-Tard Inc operates a network of convenience stores across North America, Ireland, Scandinavia, Poland, the Baltics, and Russia. The company primarily generates income through the sale of tobacco products, groceries, beverages, fresh food, quick service restaurants, car wash services, other retail products and services, road transportation fuel, stationary energy, marine fuel, and chemicals. In addition, the company operates more stores under the Circle K banner in other countries such as China, Egypt, and Malaysia. Its operation is geographically divided into U.S., Europe, and Canada. Revenue from external customers fall mainly into three categories: merchandise and services, road transportation fuel, and other.
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