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Gulf Marine Services (LSE:GMS) Equity-to-Asset : 0.49 (As of Dec. 2023)


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What is Gulf Marine Services Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gulf Marine Services's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £258.8 Mil. Gulf Marine Services's Total Assets for the quarter that ended in Dec. 2023 was £528.0 Mil. Therefore, Gulf Marine Services's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.49.

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

LSE:GMS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.46   Max: 0.49
Current: 0.49

During the past 13 years, the highest Equity to Asset Ratio of Gulf Marine Services was 0.49. The lowest was 0.31. And the median was 0.46.

LSE:GMS's Equity-to-Asset is ranked worse than
51.01% of 1092 companies
in the Oil & Gas industry
Industry Median: 0.5 vs LSE:GMS: 0.49

Gulf Marine Services Equity-to-Asset Historical Data

The historical data trend for Gulf Marine Services'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.

Gulf Marine Services Equity-to-Asset Chart

Gulf Marine Services 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 0.43 0.31 0.39 0.43 0.49

Gulf Marine Services 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 0.39 0.41 0.43 0.45 0.49

Competitive Comparison of Gulf Marine Services's Equity-to-Asset

For the Oil & Gas Equipment & Services subindustry, Gulf Marine Services'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.


Gulf Marine Services's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gulf Marine Services's Equity-to-Asset distribution charts can be found below:

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



Gulf Marine Services 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.

Gulf Marine Services'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
=258.778/527.982
=0.49

Gulf Marine Services'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
=258.778/527.982
=0.49

* 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.


Gulf Marine Services  (LSE:GMS) 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%.


Gulf Marine Services Equity-to-Asset Related Terms

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


Gulf Marine Services (LSE:GMS) Business Description

Traded in Other Exchanges
Address
P.O. Box 46046, Abu Dhabi, ARE
Gulf Marine Services PLC is a United Kingdom-based operator of self-propelled and self-elevating support vessels (SESVs). Its assets provide a stable platform for the delivery of a range of services performed by the company's clients throughout the total lifecycle of offshore oil, gas, and renewable energy activities. Its operating business segments include K-Class vessels, which include the Kamikaze, Kikuyu, Kawawa, Kudeta, Keloa, and Pepper vessels; S-Class vessels, which include the Shamal, Scirocco, and Sharqi vessels, E-Class vessels, which include the Endeavour, Endurance, Enterprise and Evolution vessels; and Other vessels segment.

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