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Grupo Greening 2022 (XMAD:GGR) Equity-to-Asset : 0.30 (As of Dec. 2023)


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What is Grupo Greening 2022 Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Grupo Greening 2022's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €33.9 Mil. Grupo Greening 2022's Total Assets for the quarter that ended in Dec. 2023 was €112.8 Mil. Therefore, Grupo Greening 2022's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.30.

The historical rank and industry rank for Grupo Greening 2022's Equity-to-Asset or its related term are showing as below:

XMAD:GGR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.2   Max: 0.3
Current: 0.3

During the past 4 years, the highest Equity to Asset Ratio of Grupo Greening 2022 was 0.30. The lowest was 0.08. And the median was 0.20.

XMAD:GGR's Equity-to-Asset is ranked worse than
75.05% of 1090 companies
in the Business Services industry
Industry Median: 0.495 vs XMAD:GGR: 0.30

Grupo Greening 2022 Equity-to-Asset Historical Data

The historical data trend for Grupo Greening 2022'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.

Grupo Greening 2022 Equity-to-Asset Chart

Grupo Greening 2022 Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.08 0.12 0.28 0.30

Grupo Greening 2022 Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial 0.12 - 0.28 0.45 0.30

Competitive Comparison of Grupo Greening 2022's Equity-to-Asset

For the Specialty Business Services subindustry, Grupo Greening 2022'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.


Grupo Greening 2022's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Grupo Greening 2022's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Grupo Greening 2022's Equity-to-Asset falls into.



Grupo Greening 2022 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.

Grupo Greening 2022'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
=33.877/112.8
=0.30

Grupo Greening 2022'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
=33.877/112.8
=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.


Grupo Greening 2022  (XMAD:GGR) 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%.


Grupo Greening 2022 Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Grupo Greening 2022's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Grupo Greening 2022 (XMAD:GGR) Business Description

Traded in Other Exchanges
Address
C/ Alcayata, 4. Polígono Industrial El Florío, Granada, ESP, 18015
Grupo Greening 2022 SA is a diversified business group, whose objectives are innovation and international development in all its business areas: renewable energies, hydraulic projects, engineering, concessions, services and industry.