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Guangdong Investment (Guangdong Investment) Equity-to-Asset : 0.30 (As of Dec. 2023)


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What is Guangdong Investment Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Guangdong Investment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,353 Mil. Guangdong Investment's Total Assets for the quarter that ended in Dec. 2023 was $17,922 Mil. Therefore, Guangdong Investment's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.30.

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

GGDVY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.55   Max: 0.64
Current: 0.3

During the past 13 years, the highest Equity to Asset Ratio of Guangdong Investment was 0.64. The lowest was 0.30. And the median was 0.55.

GGDVY's Equity-to-Asset is ranked worse than
67.24% of 519 companies
in the Utilities - Regulated industry
Industry Median: 0.37 vs GGDVY: 0.30

Guangdong Investment Equity-to-Asset Historical Data

The historical data trend for Guangdong Investment'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.

Guangdong Investment Equity-to-Asset Chart

Guangdong Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.49 0.36 0.33 0.30

Guangdong Investment Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.36 0.33 0.33 0.29 0.30

Competitive Comparison of Guangdong Investment's Equity-to-Asset

For the Utilities - Regulated Water subindustry, Guangdong Investment'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.


Guangdong Investment's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Guangdong Investment's Equity-to-Asset distribution charts can be found below:

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



Guangdong Investment 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.

Guangdong Investment's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=5352.533/17921.838
=0.30

Guangdong Investment'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
=5352.533/17921.838
=0.30

* 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.


Guangdong Investment  (OTCPK:GGDVY) 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%.


Guangdong Investment Equity-to-Asset Related Terms

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


Guangdong Investment (Guangdong Investment) Business Description

Traded in Other Exchanges
Address
148 Connaught Road Central, 28th and 29th Floors, Guangdong Investment Tower, Hong Kong, HKG
Guangdong Investment Ltd is engaged in investment holding, water resources, property investment and development, department store operation, hotel ownership, operation and management, investment in energy projects, road, and bridge operation. Its segments include water resources, property investment and development, department store operation, electric power generation, hotel operation and management, road and bridge segment, and others segment. The company derives most of the revenue from the water resources segment that engages in water distribution, sewage treatment, and construction of water supply and sewage treatment infrastructure for customers in Mainland China and Hong Kong.

Guangdong Investment (Guangdong Investment) Headlines