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Spirit Pub Co (LSE:SPRT) Equity-to-Asset : 0.37 (As of Feb. 2015)


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What is Spirit Pub Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Spirit Pub Co's Total Stockholders Equity for the quarter that ended in Feb. 2015 was £716.3 Mil. Spirit Pub Co's Total Assets for the quarter that ended in Feb. 2015 was £1,948.3 Mil. Therefore, Spirit Pub Co's Equity to Asset Ratio for the quarter that ended in Feb. 2015 was 0.37.

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

LSE:SPRT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.35   Max: 0.43
Current: 0.37

During the past 7 years, the highest Equity to Asset Ratio of Spirit Pub Co was 0.43. The lowest was 0.28. And the median was 0.35.

LSE:SPRT's Equity-to-Asset is not ranked
in the Travel & Leisure industry.
Industry Median: 0.47 vs LSE:SPRT: 0.37

Spirit Pub Co Equity-to-Asset Historical Data

The historical data trend for Spirit Pub 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.

Spirit Pub Co Equity-to-Asset Chart

Spirit Pub Co Annual Data
Trend Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Equity-to-Asset
Get a 7-Day Free Trial -0.23 0.41 0.28 0.33 0.37

Spirit Pub Co Semi-Annual Data
Aug08 Aug09 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.33 0.32 0.37 0.37

Competitive Comparison of Spirit Pub Co's Equity-to-Asset

For the Leisure subindustry, Spirit Pub 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.


Spirit Pub Co's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Spirit Pub Co's Equity-to-Asset distribution charts can be found below:

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



Spirit Pub 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.

Spirit Pub Co's Equity to Asset Ratio for the fiscal year that ended in Aug. 2014 is calculated as

Equity to Asset (A: Aug. 2014 )=Total Stockholders Equity/Total Assets
=726.2/1957.8
=0.37

Spirit Pub Co's Equity to Asset Ratio for the quarter that ended in Feb. 2015 is calculated as

Equity to Asset (Q: Feb. 2015 )=Total Stockholders Equity/Total Assets
=716.3/1948.3
=0.37

* 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.


Spirit Pub Co  (LSE:SPRT) 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%.


Spirit Pub Co Equity-to-Asset Related Terms

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


Spirit Pub Co (LSE:SPRT) Business Description

Traded in Other Exchanges
N/A
Address
Spirit Pub Co PLC was incorporated in England. The Company's trading activities are divided into two divisions; namely a Managed division and a Leased division. The Managed division involves pubs that are directly managed by the Group, and a Leased division which involves the granting of leases to licensees who run the pub as their own business, paying rent to the Group, purchasing beer and other drinks from the Group and entering into profit sharing arrangements for income from leisure machines. The Company holds 794 Managed pubs and 433 Leased pubs. The group operates solely in the United Kingdom.