McRae Industries (McRae Industries) Equity-to-Asset : 0.91 (As of Jul. 2023)

View and export this data going back to 2005. Start your Free Trial

What is McRae Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. McRae Industries's Total Stockholders Equity for the quarter that ended in Jul. 2023 was $86.9 Mil. McRae Industries's Total Assets for the quarter that ended in Jul. 2023 was $95.5 Mil. Therefore, McRae Industries's Equity to Asset Ratio for the quarter that ended in Jul. 2023 was 0.91.

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

MCRAA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.89 Med: 0.9 Max: 0.91
Current: 0.91

During the past 13 years, the highest Equity to Asset Ratio of McRae Industries was 0.91. The lowest was 0.89. And the median was 0.90.

MCRAA's Equity-to-Asset is ranked better than
94.74% of 1084 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs MCRAA: 0.91

McRae Industries Equity-to-Asset Historical Data

The historical data trend for McRae Industries'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.

McRae Industries Equity-to-Asset Chart

McRae Industries Annual Data

Trend

Jul99

Jul00

Jul01

Jul02

Jul03

Jul04

Jul05

Jul21

Jul22

Jul23

Equity-to-Asset

Get a 7-Day Free Trial

0.69

0.86

0.89

0.91

McRae Industries Semi-Annual Data
	Jul89	Jul90	Jul91	Jul92	Jul93	Jul94	Jul95	Jul96	Jul97	Jul98	Jul99	Jul00	Jul01	Jul02	Jul03	Jul04	Jul05	Jul21	Jul22	Jul23
Equity-to-Asset	Get a 7-Day Free Trial															0.69	0.86	-	0.89	0.91

Competitive Comparison of McRae Industries's Equity-to-Asset

For the Footwear & Accessories subindustry, McRae Industries'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.

McRae Industries's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, McRae Industries's Equity-to-Asset distribution charts can be found below:

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

McRae Industries 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.

McRae Industries's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	86.917	/	95.469
	=	0.91

McRae Industries's Equity to Asset Ratio for the quarter that ended in Jul. 2023 is calculated as

Equity to Asset (Q: Jul. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	86.917	/	95.469
	=	0.91

McRae Industries (OTCPK:MCRAA) 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%.

McRae Industries Equity-to-Asset Related Terms

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

McRae Industries (McRae Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » McRae Industries Inc (OTCPK:MCRAA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

MCRAB:USA

Address

400 North Main Street, P.O. Box 1239, Mount Gilead, NC, USA, 27306

Website

http://www.mcraeindustries.com

McRae Industries Inc operates in the footwear industry. Its principal lines of business are manufacturing and selling military combat boots and importing and selling western and work boots. It operates through the Western and Lifestyle Segments. The Western and Lifestyle segment, which is the key revenue driver, includes western, ladies fashion, and children's footwear products under the Dan Post, Dingo, and Laredo Western Boots brand names.