Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cava Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $570.8 Mil. Cava Group's Total Assets for the quarter that ended in Dec. 2023 was $983.8 Mil.
Therefore, Cava Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.58.
The historical rank and industry rank for Cava Group's Equity-to-Asset or its related term are showing as below:
CAVA'
s Equity-to-Asset Range Over the Past 10 Years
Min: -1.09 Med: -0.77 Max: 0.58
Current: 0.58
During the past 3 years, the highest Equity to Asset Ratio of Cava Group was 0.58. The lowest was -1.09. And the median was -0.77.
CAVA's Equity-to-Asset is ranked better than 83.38% of 349
companies
in the Restaurants industry
Industry Median: 0.37
vs CAVA: 0.58
Cava Group Equity-to-Asset Historical Data
The historical data trend for Cava Group'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 Cava Group's Equity-to-Asset
For the Restaurants subindustry, Cava Group'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.
Cava Group's Equity-to-Asset Distribution in the Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Cava Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Cava Group's Equity-to-Asset falls into.
Cava Group 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.
Cava Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 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.
Cava Group (NYSE:CAVA) 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%.
Cava Group Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Cava Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Cava Group Inc owns and operates a chain of restaurants. It is the category-defining Mediterranean fast-casual restaurant brand, bringing together healthful food and bold, satisfying flavors at scale. The company's operations are conducted as two reportable segments: CAVA and Zoes Kitchen.
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