Various Eateries (LSE:VARE) Equity-to-Asset : 0.17 (As of Sep. 2023)

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What is Various Eateries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Various Eateries's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £11.34 Mil. Various Eateries's Total Assets for the quarter that ended in Sep. 2023 was £66.64 Mil. Therefore, Various Eateries's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.17.

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

LSE:VARE' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.59 Med: 0.17 Max: 0.38
Current: 0.17

During the past 7 years, the highest Equity to Asset Ratio of Various Eateries was 0.38. The lowest was -1.59. And the median was 0.17.

LSE:VARE's Equity-to-Asset is ranked worse than
77.65% of 349 companies
in the Restaurants industry
Industry Median: 0.37 vs LSE:VARE: 0.17

Various Eateries Equity-to-Asset Historical Data

The historical data trend for Various Eateries'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.

Various Eateries Equity-to-Asset Chart

Various Eateries Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Equity-to-Asset

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-0.18

0.38

0.35

0.25

0.17

Various Eateries Semi-Annual Data
	Sep17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial							0.35	0.31	0.25	0.21	0.17

Competitive Comparison of Various Eateries's Equity-to-Asset

For the Restaurants subindustry, Various Eateries'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.

Various Eateries's Equity-to-Asset Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Various Eateries's Equity-to-Asset distribution charts can be found below:

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

Various Eateries 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.

Various Eateries's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	11.34	/	66.638
	=	0.17

Various Eateries'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
	=	11.34	/	66.638
	=	0.17

Various Eateries (LSE:VARE) 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%.

Various Eateries Equity-to-Asset Related Terms

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

Various Eateries (LSE:VARE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Various Eateries PLC (LSE:VARE) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Saint Thomas Street, Runway East, London, GBR, SE1 9RS

Website

http://www.variouseateries.co.uk

Various Eateries PLC owns, develops, and operates restaurant sites in the United Kingdom. The company operates two core brands; Coppa Club, a multi-use, all-day concept that combines a restaurant, terrace, cafe, lounge, bar, and workspaces; and Tavolino, a restaurant aiming to address a gap in the market for high-quality Italian food at mid-market prices. The company has two operating segments; the Restaurant Segment, and the Hotel Segment, out of which a majority of the company's revenue is derived from the Restaurant Segment.

Various Eateries (LSE:VARE) Headlines

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