Asahi Group Holdings (Asahi Group Holdings) Equity-to-Asset : 0.47 (As of Dec. 2023)

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What is Asahi Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asahi Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $17,089 Mil. Asahi Group Holdings's Total Assets for the quarter that ended in Dec. 2023 was $36,712 Mil. Therefore, Asahi Group Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.47.

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

ASBRF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34 Med: 0.4 Max: 0.47
Current: 0.47

During the past 13 years, the highest Equity to Asset Ratio of Asahi Group Holdings was 0.47. The lowest was 0.34. And the median was 0.40.

ASBRF's Equity-to-Asset is ranked worse than
54.21% of 214 companies
in the Beverages - Alcoholic industry
Industry Median: 0.5 vs ASBRF: 0.47

Asahi Group Holdings Equity-to-Asset Historical Data

The historical data trend for Asahi Group Holdings'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.

Asahi Group Holdings Equity-to-Asset Chart

Asahi Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.40

0.34

0.39

0.43

0.47

Asahi Group Holdings 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	Get a 7-Day Free Trial															0.43	0.43	0.45	0.46	0.47

Competitive Comparison of Asahi Group Holdings's Equity-to-Asset

For the Beverages - Brewers subindustry, Asahi Group Holdings'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.

Asahi Group Holdings's Equity-to-Asset Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Asahi Group Holdings's Equity-to-Asset distribution charts can be found below:

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

Asahi Group Holdings 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.

Asahi Group Holdings'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
	=	17089.334	/	36712.446
	=	0.47

Asahi Group Holdings'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
	=	17089.334	/	36712.446
	=	0.47

Asahi Group Holdings (OTCPK:ASBRF) 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%.

Asahi Group Holdings Equity-to-Asset Related Terms

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

Asahi Group Holdings (Asahi Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Asahi Group Holdings Ltd (OTCPK:ASBRF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

2502:Japan ABW:Germany

Address

1-23-1, Azumabashi, Sumida-ku, Tokyo, JPN, 130-8602

Website

http://www.asahigroup-holdings.com

Asahi is a leading brewer in Japan with an estimated 36.5% market share by volume in Japan's beer and beer-like market, led by its Asahi Super Dry beer brand. It also operates a wide range of acholic and soft beverage products as well as packaged foods, mainly in Japan. It has made inroads into Europe through acquisitions of SABMiller's brands including Peroni and Pilsner Urquell in Western and Central Europe in 2016 and 2017. The acquisition of Carlton United Breweries has granted Asahi the leading market share in Australia's beer market with Great Northern the leading brand. East Asia including China and Southeast Asia are the other overseas markets where Asahi is growing. Overseas business represents nearly half of the group sales and 60% of business profits.