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%.
Goldfine Manufacturers Equity-to-Asset Related Terms
Goldfine Manufacturers Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Goldfine Manufacturers'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.
For the Luxury Goods subindustry, Goldfine Manufacturers'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.
Goldfine Manufacturers Equity-to-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Goldfine Manufacturers's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Goldfine Manufacturers's Equity-to-Asset falls into.
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.
Goldfine Manufacturers's Equity to Asset Ratio for the fiscal year that ended in Dec. 2013 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.
Goldfine Manufacturers (BKK:GFM-R) has a Equity-to-Asset of 0.92 as of Sep. 2014. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Goldfine Manufacturers and its competitors. This is near median its historical median of 0.92. Over the past decade, Goldfine Manufacturers' Equity-to-Asset has ranged from 0.90 to 0.95.
Is Goldfine Manufacturers' Equity-to-Asset too high?
Goldfine Manufacturers' current Equity-to-Asset of 0.92 is near median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 0.95. The Retail - Cyclical industry median Equity-to-Asset is 0.44. Goldfine Manufacturers' value of 0.92 is 109.1% above this industry median.
How does Goldfine Manufacturers' Equity-to-Asset compare to competitors?
Goldfine Manufacturers' Equity-to-Asset of 0.92 can be compared against companies in the Retail - Cyclical industry. The industry median Equity-to-Asset is 0.44. Goldfine Manufacturers' value of 0.92 is 109.1% above this benchmark. Historically, Goldfine Manufacturers' own Equity-to-Asset has ranged from 0.90 to 0.95 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.44, Goldfine Manufacturers has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Retail - Cyclical company?
The median Equity-to-Asset among Retail - Cyclical companies is 0.44, based on 1,127 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Goldfine Manufacturers's current Equity-to-Asset of 0.92 is 109.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Goldfine Manufacturers and its competitors. For the Retail - Cyclical industry, the median Equity-to-Asset is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldfine Manufacturers's current Equity-to-Asset is 0.92, which is near median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldfine Manufacturers stock overvalued right now?
Goldfine Manufacturers (BKK:GFM-R) has a current Equity-to-Asset of 0.92. The current Equity-to-Asset is 0.92, which is near median its 10-year median of 0.92 and 109.1% above the Retail - Cyclical industry median of 0.44. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Goldfine Manufacturers (BKK:GFM-R), the current Equity-to-Asset is 0.92 as of Sep. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Goldfine Manufacturers Public Company Limited was incorporated on 26 September 1989 in Thailand. The Company is a manufacturer, importer and exporter of ornaments and jewelries. It manufactures and exports gold, silver, platinum jewelry sets with diamonds, precious stones, semi-precious stones and others.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:GFM-R has been successfully added to your 