Birks Group (Birks Group) Equity-to-Asset : -0.01 (As of Sep. 2023)

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What is Birks Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Birks Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-1.5 Mil. Birks Group's Total Assets for the quarter that ended in Sep. 2023 was $145.8 Mil. Therefore, Birks Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -0.01.

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

BGI' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.01 Med: 0.03 Max: 0.27
Current: -0.01

During the past 13 years, the highest Equity to Asset Ratio of Birks Group was 0.27. The lowest was -0.01. And the median was 0.03.

BGI's Equity-to-Asset is ranked worse than
95.42% of 1114 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs BGI: -0.01

Birks Group Equity-to-Asset Historical Data

The historical data trend for Birks 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.

* Premium members only.

Birks Group Equity-to-Asset Chart

Birks Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.10

0.02

-0.01

0.03

Birks Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial															-	0.03	0.02	-	-0.01

Competitive Comparison of Birks Group's Equity-to-Asset

For the Luxury Goods subindustry, Birks 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.

Birks Group's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Birks Group's Equity-to-Asset distribution charts can be found below:

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

Birks 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.

Birks Group's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-0.441	/	143.96
	=	-0.00

Birks Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-1.501	/	145.813
	=	-0.01

Birks Group (AMEX:BGI) 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%.

Birks Group Equity-to-Asset Related Terms

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

Birks Group (Birks Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Birks Group Inc (AMEX:BGI) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

2BG:Germany

Address

2020 Robert-Bourassa Boulevard, Suite 200, Montreal, QC, CAN, H3A 2A5

Website

https://www.birks.com

Birks Group Inc is a part of the leisure industry. The company designs, develops, produces, and retails fine jewelry, timepieces, and gifts. Its operating segment includes Retail and other. The company generates maximum revenue from the Retail segment. Its retail segment consists of retail operations whereby it operates approximately 21 stores in Canada under the Maison Birks brand, one store under the Brinkhaus brand, one store under the Graff brand, and one store under the Patek Phillippe brand. The other segment consists mainly of wholesale business, e-commerce business, and gold exchange business.