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Griffin Industrial Realty Inc (NAS:GRIF)
Equity to Asset Ratio
0.42 (As of Aug. 2016)

Equity to Asset ratio is calculated as shareholder’s tangible equity divided by its total asset. Griffin Industrial Realty Inc's total equity for the quarter that ended in Aug. 2016 was $90.51 Mil. Griffin Industrial Realty Inc's total assets for the quarter that ended in Aug. 2016 was $215.53 Mil. Therefore, Griffin Industrial Realty Inc's Equity to Asset Ratio for the quarter that ended in Aug. 2016 was 0.42.

GRIF' s Equity to Asset Range Over the Past 10 Years
Min: 0.42   Max: 0.9
Current: 0.42

0.42
0.9

During the past 13 years, the highest Equity to Asset Ratio of Griffin Industrial Realty Inc was 0.90. The lowest was 0.42. And the median was 0.67.

GRIF's Equity to Asset is ranked lower than
54% of the 1547 Companies
in the Global Real Estate Services industry.

( Industry Median: 0.45 vs. GRIF: 0.42 )

Definition

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 shareholder’s tangible equity divided by its total asset.

Griffin Industrial Realty Inc's Equity to Asset Ratio for the fiscal year that ended in Nov. 2015 is calculated as

Equity to Asset (A: Nov. 2015 )=Total Equity/Total Assets
=94.809/209.301
=0.45

Griffin Industrial Realty Inc's Equity to Asset Ratio for the quarter that ended in Aug. 2016 is calculated as

Equity to Asset (Q: Aug. 2016 )=Total Equity/Total Assets
=90.508/215.533
=0.42

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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 Return on Equity 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%.


Related Terms

Return on Equity, Total Assets, Total Equity


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Griffin Industrial Realty Inc Annual Data

Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14Nov15
equity2asset 0.650.670.670.610.600.590.580.530.510.45

Griffin Industrial Realty Inc Quarterly Data

May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16
equity2asset 0.540.520.510.490.470.480.450.440.420.42
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