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Monro (FRA:MR2) Equity-to-Asset : 0.38 (As of Dec. 2023)


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What is Monro Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Monro's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €605 Mil. Monro's Total Assets for the quarter that ended in Dec. 2023 was €1,589 Mil. Therefore, Monro's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.38.

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

FRA:MR2' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.49   Max: 0.55
Current: 0.38

During the past 13 years, the highest Equity to Asset Ratio of Monro was 0.55. The lowest was 0.36. And the median was 0.49.

FRA:MR2's Equity-to-Asset is ranked worse than
63.9% of 1313 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs FRA:MR2: 0.38

Monro Equity-to-Asset Historical Data

The historical data trend for Monro'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.

Monro Equity-to-Asset Chart

Monro Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.36 0.41 0.42 0.39

Monro Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.39 0.40 0.41 0.38

Competitive Comparison of Monro's Equity-to-Asset

For the Auto Parts subindustry, Monro'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.


Monro's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Monro's Equity-to-Asset distribution charts can be found below:

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



Monro 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.

Monro'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
=649.057/1659.603
=0.39

Monro's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=604.961/1589.25
=0.38

* 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.


Monro  (FRA:MR2) 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%.


Monro Equity-to-Asset Related Terms

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


Monro (FRA:MR2) Business Description

Traded in Other Exchanges
Address
200 Holleder Parkway, Rochester, NY, USA, 14615
Monro Inc is a provider automobile service stations in the United States. Through its network of company-owned service stations, Monro Muffler Brake offers maintenance, repair, tire, and fleet management services for automobiles focused largely on undercar services such as brake, steering, exhaust, drivetrain, and suspension systems. Next to service stores, the company also offers tire stores specialised in tire replacement and service.

Monro (FRA:MR2) Headlines

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