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Guardian Capital Group (Guardian Capital Group) Equity-to-Asset

: 0.72 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Guardian Capital Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $926.5 Mil. Guardian Capital Group's Total Assets for the quarter that ended in Dec. 2023 was $1,291.7 Mil. Therefore, Guardian Capital Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.72.

The historical rank and industry rank for Guardian Capital Group's Equity-to-Asset or its related term are showing as below:

GCAAF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57   Med: 0.62   Max: 0.72
Current: 0.72

During the past 13 years, the highest Equity to Asset Ratio of Guardian Capital Group was 0.72. The lowest was 0.57. And the median was 0.62.

GCAAF's Equity-to-Asset is ranked worse than
60.98% of 1730 companies
in the Asset Management industry
Industry Median: 0.83 vs GCAAF: 0.72

Guardian Capital Group Equity-to-Asset Historical Data

The historical data trend for Guardian Capital Group'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.

Guardian Capital Group 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 0.61 0.62 0.60 0.57 0.72

Guardian Capital Group 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 0.57 0.72 0.71 0.68 0.72

Competitive Comparison

For the Asset Management subindustry, Guardian Capital Group'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.


Guardian Capital Group Equity-to-Asset Distribution

For the Asset Management industry and Financial Services sector, Guardian Capital Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Guardian Capital Group's Equity-to-Asset falls into.



Guardian Capital Group 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.

Guardian Capital Group'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
=926.451/1291.741
=0.72

Guardian Capital Group'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
=926.451/1291.741
=0.72

* 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.


Guardian Capital Group  (OTCPK:GCAAF) 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%.


Guardian Capital Group Equity-to-Asset Related Terms

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Guardian Capital Group (Guardian Capital Group) Business Description

Traded in Other Exchanges
Address
Commerce Court West, Suite 3100, P.O. Box 201, Toronto, ON, CAN, M5L 1E8
Guardian Capital Group Ltd is a diversified financial services company. It operates in three reportable segment Investment Management, Wealth Management, and Corporate Activities and Investments. The majority of revenue is derived from the Investment Management segment, which primarily involves earning management fees relating to investment management services provided to clients.