Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tupperware Brands's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-524 Mil. Tupperware Brands's Total Assets for the quarter that ended in Sep. 2023 was $680 Mil.
Therefore, Tupperware Brands's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -0.77.
The historical rank and industry rank for Tupperware Brands's Equity-to-Asset or its related term are showing as below:
TUP'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.77 Med: -0.12 Max: 0.16
Current: -0.77
During the past 13 years, the highest Equity to Asset Ratio of Tupperware Brands was 0.16. The lowest was -0.77. And the median was -0.12.
TUP's Equity-to-Asset is ranked worse than 97.94% of 389
companies
in the Packaging & Containers industry
Industry Median: 0.56
vs TUP: -0.77
Tupperware Brands Equity-to-Asset Historical Data
The historical data trend for Tupperware Brands'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.
Competitive Comparison of Tupperware Brands's Equity-to-Asset
For the Packaging & Containers subindustry, Tupperware Brands'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.
Tupperware Brands's Equity-to-Asset Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Tupperware Brands's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Tupperware Brands's Equity-to-Asset falls into.
Tupperware Brands 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.
Tupperware Brands's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 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%.
Tupperware Brands Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Tupperware Brands's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Tupperware Brands (Tupperware Brands) Business Description
Tupperware Brands Corp is a consumer products company that designs innovative, functional, and environmentally responsible products. The company distributes its products into nearly 70 countries. The company engages in the marketing, manufacture, and sale of design-centric preparation, storage, and serving solutions for the kitchen and home through the Tupperware brand name. The company primarily uses a direct selling business model to distribute and market products, while continuing to expand digital platforms and business-to-business distribution channels. The company operates its business under four reportable segments in four broad geographic regions namely the Asia Pacific, Europe (Europe, Africa and the Middle East), North America, and South America.
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