Step One Clothing (ASX:STP) Equity-to-Asset : 0.81 (As of Dec. 2023)

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What is Step One Clothing Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Step One Clothing's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$55.21 Mil. Step One Clothing's Total Assets for the quarter that ended in Dec. 2023 was A$67.93 Mil. Therefore, Step One Clothing's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.81.

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

ASX:STP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.77 Med: 0.81 Max: 0.86
Current: 0.81

During the past 3 years, the highest Equity to Asset Ratio of Step One Clothing was 0.86. The lowest was 0.77. And the median was 0.81.

ASX:STP's Equity-to-Asset is ranked better than
91.33% of 1119 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs ASX:STP: 0.81

Step One Clothing Equity-to-Asset Historical Data

The historical data trend for Step One Clothing'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.

Step One Clothing Equity-to-Asset Chart

Step One Clothing Annual Data

Trend

Jun21

Jun22

Jun23

Equity-to-Asset

0.77

0.86

Step One Clothing Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	0.81	0.77	0.85	0.86	0.81

Competitive Comparison of Step One Clothing's Equity-to-Asset

For the Apparel Retail subindustry, Step One Clothing'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.

Step One Clothing's Equity-to-Asset Distribution in the Retail - Cyclical Industry

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

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

Step One Clothing 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.

Step One Clothing's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	57.073	/	66.124
	=	0.86

Step One Clothing'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
	=	55.21	/	67.928
	=	0.81

Step One Clothing (ASX:STP) 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%.

Step One Clothing Equity-to-Asset Related Terms

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

Step One Clothing (ASX:STP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Step One Clothing Ltd (ASX:STP) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

J6H:Germany

Address

120 Chalmers Street, Surry Hills, Level 2, Sydney, NSW, AUS, 2010

Website

https://www.stepone.life

Step One Clothing Ltd is a direct-to-consumer online retailer for men's undergarments. Its products comprise Boxer Brief, Trunks, and Boxer Breif+Fly. The Group is organized into one operating segment: online retail sales.

Step One Clothing (ASX:STP) Headlines

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