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Shaw Communications (Shaw Communications) Equity-to-Asset : 0.41 (As of Nov. 2022)


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What is Shaw Communications Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shaw Communications's Total Stockholders Equity for the quarter that ended in Nov. 2022 was $4,764 Mil. Shaw Communications's Total Assets for the quarter that ended in Nov. 2022 was $11,691 Mil. Therefore, Shaw Communications's Equity to Asset Ratio for the quarter that ended in Nov. 2022 was 0.41.

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

SJR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21   Med: 0.34   Max: 0.48
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of Shaw Communications was 0.48. The lowest was 0.21. And the median was 0.34.

SJR's Equity-to-Asset is not ranked
in the Telecommunication Services industry.
Industry Median: 0.41 vs SJR: 0.41

Shaw Communications Equity-to-Asset Historical Data

The historical data trend for Shaw Communications'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.

Shaw Communications Equity-to-Asset Chart

Shaw Communications Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.40 0.39 0.38 0.40

Shaw Communications Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.39 0.40 0.40 0.41

Competitive Comparison of Shaw Communications's Equity-to-Asset

For the Telecom Services subindustry, Shaw Communications'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.


Shaw Communications's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Shaw Communications's Equity-to-Asset distribution charts can be found below:

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



Shaw Communications 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.

Shaw Communications's Equity to Asset Ratio for the fiscal year that ended in Aug. 2022 is calculated as

Equity to Asset (A: Aug. 2022 )=Total Stockholders Equity/Total Assets
=4828.521/12207.169
=0.40

Shaw Communications's Equity to Asset Ratio for the quarter that ended in Nov. 2022 is calculated as

Equity to Asset (Q: Nov. 2022 )=Total Stockholders Equity/Total Assets
=4764.063/11691.313
=0.41

* 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.


Shaw Communications  (NYSE:SJR) 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%.


Shaw Communications Equity-to-Asset Related Terms

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


Shaw Communications (Shaw Communications) Business Description

Traded in Other Exchanges
N/A
Address
630 - 3rd Avenue S.W., Suite 900, Finance Department, Calgary, AB, CAN, T2P 4L4
Shaw Communications is a Canadian cable company that is one of the biggest providers of internet, television, and landline telephone services in British Columbia, Alberta, Saskatchewan, Manitoba, and northern Ontario. In fiscal 2021, more than 75% of Shaw's total revenue resulted from this wireline business. Shaw now also offers wireless service over most of Canada's population footprint after acquiring Wind Mobile in 2016. As a smaller carrier, Shaw has favored bidding status in spectrum auctions, giving it a further boost in enhancing its wireless network. At the 2019 auction, Shaw added significant amounts of 600 MHz spectrum to the 700 MHz spectrum it is currently deploying.

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