The historical rank and industry rank for Grocery Outlet Holding's Equity-to-Asset or its related term are showing as below:
GO'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22 Med: 0.37 Max: 0.41
Current: 0.41
During the past 8 years, the highest Equity to Asset Ratio of Grocery Outlet Holding was 0.41. The lowest was 0.22. And the median was 0.37.
GO's Equity-to-Asset is ranked better than 53.33% of 315
companies
in the Retail - Defensive industry
Industry Median: 0.39
vs GO: 0.41
Grocery Outlet Holding Equity-to-Asset Historical Data
The historical data trend for Grocery Outlet Holding'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.
Competitive Comparison of Grocery Outlet Holding's Equity-to-Asset
For the Grocery Stores subindustry, Grocery Outlet Holding'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.
Grocery Outlet Holding's Equity-to-Asset Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Grocery Outlet Holding's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Grocery Outlet Holding's Equity-to-Asset falls into.
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.
Grocery Outlet Holding's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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%.
Grocery Outlet Holding Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Grocery Outlet Holding's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Grocery Outlet Holding (Grocery Outlet Holding) Business Description
Grocery Outlet Holding Corp is a grocery store operator in the United States. Its flexible buying model allows them to offer quality, name-brand opportunistic products at prices generally 40% to 70% below those of conventional retailers. The stores are run by Entrepreneurial independent operators which create a neighborhood feel through personalized customer service and a localized product offering.
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