Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Darden Restaurants's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $2,181 Mil. Darden Restaurants's Total Assets for the quarter that ended in Feb. 2024 was $11,358 Mil.
Therefore, Darden Restaurants's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.19.
The historical rank and industry rank for Darden Restaurants's Equity-to-Asset or its related term are showing as below:
DRI'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18 Med: 0.33 Max: 0.43
Current: 0.19
During the past 13 years, the highest Equity to Asset Ratio of Darden Restaurants was 0.43. The lowest was 0.18. And the median was 0.33.
DRI's Equity-to-Asset is ranked worse than 74.57% of 350
companies
in the Restaurants industry
Industry Median: 0.37
vs DRI: 0.19
Darden Restaurants Equity-to-Asset Historical Data
The historical data trend for Darden Restaurants'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.
For the Restaurants subindustry, Darden Restaurants'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.
Darden Restaurants Equity-to-Asset Distribution
For the Restaurants industry and Consumer Cyclical sector, Darden Restaurants's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Darden Restaurants's Equity-to-Asset falls into.
Darden Restaurants 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.
Darden Restaurants's Equity to Asset Ratio for the fiscal year that ended in May. 2023 is calculated as
* 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.
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%.
Darden Restaurants Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Darden Restaurants's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Darden Restaurants (Darden Restaurants) Business Description
Darden Restaurants is the largest restaurant operator in the U.S. full-service space, with consolidated revenue of $10.5 billion in fiscal 2023 resulting in 3%-4% full-service market share (per NRA data and our calculations). The company maintains a portfolio of 10 restaurant brands: Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Ruth's Chris, Yard House, The Capital Grille, Seasons 52, Eddie V's, Bahama Breeze, and The Capital Burger. Darden generates revenue almost exclusively from company-owned restaurants, though a small network of franchised restaurants and consumer-packaged goods sales through the traditional grocery channel contribute modestly. As of the end of its fiscal 2023, the company operated 1,914 restaurants in the U.S.
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