Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gladstone Land's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $719.61 Mil. Gladstone Land's Total Assets for the quarter that ended in Dec. 2023 was $1,387.32 Mil.
Therefore, Gladstone Land's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.52.
The historical rank and industry rank for Gladstone Land's Equity-to-Asset or its related term are showing as below:
LAND'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23 Med: 0.35 Max: 0.52
Current: 0.52
During the past 13 years, the highest Equity to Asset Ratio of Gladstone Land was 0.52. The lowest was 0.23. And the median was 0.35.
LAND's Equity-to-Asset is ranked worse than 58.29% of 863
companies
in the REITs industry
Industry Median: 0.57
vs LAND: 0.52
Gladstone Land Equity-to-Asset Historical Data
The historical data trend for Gladstone Land'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 Gladstone Land's Equity-to-Asset
For the REIT - Specialty subindustry, Gladstone Land'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.
Gladstone Land's Equity-to-Asset Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Gladstone Land's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Gladstone Land's Equity-to-Asset falls into.
Gladstone Land 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.
Gladstone Land'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.
Gladstone Land (NAS:LAND) 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%.
Gladstone Land Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Gladstone Land's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Gladstone Land (Gladstone Land) Business Description
Gladstone Land Corp is an externally-managed, agricultural REIT. It is mainly in the business of owning and leasing farmland. It manages operations in one reporting segment. It is focused on the ownership of high-quality farms and farm-related properties that are leased on a triple-net basis to tenants with a strong operating history and deep farming resources. The farmland is predominantly concentrated in locations where farmers are able to grow either fresh produce annual row crops (e.g., certain berries and vegetables), which are typically planted and harvested annually, or certain permanent crops (e.g., almonds, blueberries, pistachios, and wine grapes). To a much lesser extent, it also own farms that grow certain commodity crops (e.g., corn and beans).
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