Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Getty Realty's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $955.6 Mil. Getty Realty's Total Assets for the quarter that ended in Dec. 2023 was $1,822.3 Mil.
Therefore, Getty Realty's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.52.
The historical rank and industry rank for Getty Realty's Equity-to-Asset or its related term are showing as below:
GTY'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45 Med: 0.5 Max: 0.59
Current: 0.52
During the past 13 years, the highest Equity to Asset Ratio of Getty Realty was 0.59. The lowest was 0.45. And the median was 0.50.
GTY's Equity-to-Asset is ranked worse than 58.29% of 863
companies
in the REITs industry
Industry Median: 0.57
vs GTY: 0.52
Getty Realty Equity-to-Asset Historical Data
The historical data trend for Getty Realty'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 Getty Realty's Equity-to-Asset
For the REIT - Retail subindustry, Getty Realty'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.
Getty Realty's Equity-to-Asset Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Getty Realty's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Getty Realty's Equity-to-Asset falls into.
Getty Realty 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.
Getty Realty'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%.
Getty Realty Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Getty Realty's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Getty Realty Corp is the real estate investment trust in the U.S. specializing in the acquisition, financing, and development of convenience, automotive, and other single tenant retail real estate. The company's portfolio includes convenience stores, car washes, automotive service centers (gasoline and repair, oil and maintenance, tire and battery, collision), automotive parts retailers, and certain other freestanding retail properties, including drive-thru quick service restaurants. It generates majority of the revenue in the form of rental income.
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