Roots (TSX:ROOT) Equity-to-Asset : 0.52 (As of Jan. 2024)

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What is Roots Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Roots's Total Stockholders Equity for the quarter that ended in Jan. 2024 was C$190.8 Mil. Roots's Total Assets for the quarter that ended in Jan. 2024 was C$369.9 Mil. Therefore, Roots's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.52.

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

TSX:ROOT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34 Med: 0.52 Max: 0.58
Current: 0.52

During the past 9 years, the highest Equity to Asset Ratio of Roots was 0.58. The lowest was 0.34. And the median was 0.52.

TSX:ROOT's Equity-to-Asset is ranked better than
62.66% of 1114 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs TSX:ROOT: 0.52

Roots Equity-to-Asset Historical Data

The historical data trend for Roots'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.

Roots Equity-to-Asset Chart

Roots Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Equity-to-Asset

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0.34

0.42

0.47

0.48

0.52

Roots 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	Get a 7-Day Free Trial															0.48	0.50	0.48	0.48	0.52

Competitive Comparison of Roots's Equity-to-Asset

For the Apparel Retail subindustry, Roots'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.

Roots's Equity-to-Asset Distribution in the Retail - Cyclical Industry

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

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

Roots 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.

Roots'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
	=	190.817	/	369.862
	=	0.52

Roots'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
	=	190.817	/	369.862
	=	0.52

Roots (TSX:ROOT) 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%.

Roots Equity-to-Asset Related Terms

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

Roots (TSX:ROOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Roots Corp (TSX:ROOT) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

RROTF:USA

Address

1400 Castlefield Avenue, Toronto, ON, CAN, M6B 4C4

Website

https://www.roots.com

Roots Corp provides a portfolio of apparel, leather goods, accessories, and footwear for men, women, and children under the Roots brand. Its merchandise includes genuine leather, such as jackets, bags, and luggage; kids & baby clothing; and leather, linens, towels, and accessories. The company operates through two segments: Direct-To-Consumer, which accounts for the majority of revenue, and Partners & Other. The DTC segment sells products through the company's corporate retail stores and e-commerce. The Partners & Other segment engage in the wholesale of Roots-branded products to the company's international operating partner, and it earns royalties on the retail sales of Roots-branded products. The company has operating stores in Canada, the United States, Taiwan, China, and Hong Kong.