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Gulf Island Fabrication (Gulf Island Fabrication) Equity-to-Asset

: 0.62 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gulf Island Fabrication's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $79.0 Mil. Gulf Island Fabrication's Total Assets for the quarter that ended in Dec. 2023 was $128.4 Mil. Therefore, Gulf Island Fabrication's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.62.

The historical rank and industry rank for Gulf Island Fabrication's Equity-to-Asset or its related term are showing as below:

GIFI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53   Med: 0.76   Max: 0.82
Current: 0.62

During the past 13 years, the highest Equity to Asset Ratio of Gulf Island Fabrication was 0.82. The lowest was 0.53. And the median was 0.76.

GIFI's Equity-to-Asset is ranked better than
61.5% of 3023 companies
in the Industrial Products industry
Industry Median: 0.56 vs GIFI: 0.62

Gulf Island Fabrication Equity-to-Asset Historical Data

The historical data trend for Gulf Island Fabrication'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.

Gulf Island Fabrication Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.60 0.53 0.77 0.76 0.62

Gulf Island Fabrication Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.76 0.69 0.76 0.59 0.62

Competitive Comparison

For the Metal Fabrication subindustry, Gulf Island Fabrication'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.


Gulf Island Fabrication Equity-to-Asset Distribution

For the Industrial Products industry and Industrials sector, Gulf Island Fabrication's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Gulf Island Fabrication's Equity-to-Asset falls into.



Gulf Island Fabrication 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.

Gulf Island Fabrication'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
=78.971/128.428
=0.61

Gulf Island Fabrication'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
=78.971/128.428
=0.61

* 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.


Gulf Island Fabrication  (NAS:GIFI) 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%.


Gulf Island Fabrication Equity-to-Asset Related Terms

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


Gulf Island Fabrication (Gulf Island Fabrication) Business Description

Traded in Other Exchanges
N/A
Address
2170 Buckthorne Place, Suite 420, The Woodlands, TX, USA, 77380
Gulf Island Fabrication Inc is a U.S.-based company that is a fabricator of complex steel structures and marine vessels. The company also provides installation, hook-up, commissioning, repair, and maintenance services with specialized crews. The company operates through segments namely Fabrication division fabricates structures such as offshore drilling and production platforms and other steel structures for customers in the oil and gas industries; the Shipyards division manufactures newly built and repairs various steel marine vessels in the United States; the Services division provides interconnect piping services on offshore platforms, welding, and inshore structures and also provides maintenance and industrial facilities.
Executives
Robert M Averick director, 10 percent owner KOKINO LLC, 201 TRESSER BOULEVARD, 3RD FLOOR, STAMFORD CT 06901
Jay Troger director 2170 BUCKTHORNE PLACE, SUITE 420, THE WOODLANDS TX 77380
William E Chiles director C/O ENSCO INTERNTIONAL INC, 1445 ROSS AVE, DALLAS TX 75202-2792
Murray W. Burns director 16225 PARK TEN PLACE, SUITE 280, HOUSTON TX 77084
Matthew R Oubre other: SVP, Commercial 16225 PARK TEN PLACE, SUITE 300, HOUSTON TX 77084
Richard W. Heo director, officer: President & CEO 2103 RESEARCH FOREST DRIVE, THE WOODLANDS TX 77380
C D Richard director
Michael A Flick director 2000 W SAM HOUSTON PARKWAY SOUTH, SUITE 1700, HOUSTON TX 77042
Michael J Keeffe director 400 N. SAM HOUSTON PARKWAY E. SUITE 1200, HOUSTON TX 77060
Thomas M. Smouse officer: VP, Chief Human Resources Offi 16225 PARK TEN PLACE, SUITE 300, HOUSTON TX 77084
James L. Morvant other: SVP, Fabrication & Services 16225 PARK TEN PLACE, SUITE 300, HOUSTON TX 77084
Piton Capital Partners Llc 10 percent owner C/O NORTH BAY ASSOCIATES, 14000 QUAIL SPRINGS PARKWAY, SUITE 2200, OKLAHOMA CITY OK 73134
Gregory J Cotter director 583 THOMPSON RD, HOUMA LA 70363
Christian G Vaccari other: Executive VP of Subsidiary 1100 POYDAS ST, STE 2000, NEW ORLEAN LA 70163
Donald John Mackay other: Executive VP of Subsidiary 16225 PARK TEN PLACE, SUITE 300, HOUSTON TX 77084

Gulf Island Fabrication (Gulf Island Fabrication) Headlines