George Weston (TSX:WN.PR.C.PFD) Equity-to-Asset

: 0.13 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. George Weston's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$6,675.00 Mil. George Weston's Total Assets for the quarter that ended in Dec. 2023 was C$49,770.00 Mil. Therefore, George Weston's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.13.

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

TSX:WN.PR.C.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13 Med: 0.17 Max: 0.21
Current: 0.13

During the past 13 years, the highest Equity to Asset Ratio of George Weston was 0.21. The lowest was 0.13. And the median was 0.17.

TSX:WN.PR.C.PFD's Equity-to-Asset is ranked worse than
88.54% of 314 companies
in the Retail - Defensive industry
Industry Median: 0.39 vs TSX:WN.PR.C.PFD: 0.13

George Weston Equity-to-Asset Historical Data

The historical data trend for George Weston'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.

George Weston Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.16

0.15

0.14

0.13

George Weston Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset																0.14	0.14	0.14	0.14	0.13

Competitive Comparison

For the Grocery Stores subindustry, George Weston'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.

George Weston Equity-to-Asset Distribution

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

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

George Weston 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.

George Weston's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	6675	/	49770
	=	0.13

George Weston's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	6675	/	49770
	=	0.13

George Weston (TSX:WN.PR.C.PFD) 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%.

George Weston Equity-to-Asset Related Terms

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George Weston (TSX:WN.PR.C.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » George Weston Ltd (TSX:WN.PR.C.PFD) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

WNGRF:USA WN.PR.E.PFD:Canada WN.PR.D.PFD:Canada WN.PR.A.PFD:Canada WN:Canada

Address

22 St. Clair Avenue East, Suite 1901, Toronto, ON, CAN, M4T 2S7

Website

https://www.weston.ca

George Weston is a holding company that controls a 53% stake in retailer Loblaw and a 62% stake in Choice Properties, a real estate investment trust. Loblaw boasts the largest retail footprint across Canada with 2,500 food retail and pharmacy stores under banners such as Loblaw, No-Frills, Maxi, and Shoppers Drug Mart. Meanwhile, open-ended Choice Properties REIT owns and manages 702 commercial and residential properties in Canada, generating 57% of its gross rental revenue from its largest tenant Loblaw. Previously, George Weston sold its wholly owned bakery Weston Foods in 2022. The firm is controlled by the Weston family, which owns a 65% stake.

George Weston (TSX:WN.PR.C.PFD) Headlines

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