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Great Eastern Holdings (Great Eastern Holdings) Equity-to-Asset : 0.07 (As of Dec. 2023)


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What is Great Eastern Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Great Eastern Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,920 Mil. Great Eastern Holdings's Total Assets for the quarter that ended in Dec. 2023 was $81,851 Mil.

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

GEHDF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.09   Max: 0.1
Current: 0.07

During the past 13 years, the highest Equity to Asset Ratio of Great Eastern Holdings was 0.10. The lowest was 0.07. And the median was 0.09.

GEHDF's Equity-to-Asset is ranked worse than
82.96% of 493 companies
in the Insurance industry
Industry Median: 0.24 vs GEHDF: 0.07

Great Eastern Holdings Equity-to-Asset Historical Data

The historical data trend for Great Eastern Holdings'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.

Great Eastern Holdings Equity-to-Asset Chart

Great Eastern Holdings 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 0.09 0.09 0.07 0.07 0.07

Great Eastern Holdings 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 0.07 0.09 0.07 0.07 0.07

Competitive Comparison of Great Eastern Holdings's Equity-to-Asset

For the Insurance - Life subindustry, Great Eastern Holdings'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.


Great Eastern Holdings's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Great Eastern Holdings's Equity-to-Asset distribution charts can be found below:

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



Great Eastern Holdings 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.

Great Eastern Holdings'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
=5919.601/81851.062
=0.07

Great Eastern Holdings'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
=5919.601/81851.062
=

* 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.


Great Eastern Holdings  (OTCPK:GEHDF) 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%.


Great Eastern Holdings Equity-to-Asset Related Terms

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


Great Eastern Holdings (Great Eastern Holdings) Business Description

Traded in Other Exchanges
Address
1 Pickering Street, No. 16-01, Great Eastern Centre, Singapore, SGP, 048659
Great Eastern Holdings Ltd sells insurance products and provides investment management services. The company's products and services are organized into three categories: Life Insurance, Non-life Insurance, and shareholders. The life assurance products include life insurance, long-term health and accident insurance, and annuities. The non-life insurance products include property and casualty, and medical and personal accident. The shareholder's category offers multiple financial services, which include fund management and financial advisory. Majority of the revenue comes from Singapore.

Great Eastern Holdings (Great Eastern Holdings) Headlines

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