GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Generation Next Fashions Ltd (DHA:GENNEXT) » Definitions » Equity-to-Asset

Generation Next Fashions (DHA:GENNEXT) Equity-to-Asset : 0.59 (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Generation Next Fashions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Generation Next Fashions's Total Stockholders Equity for the quarter that ended in Dec. 2023 was BDT5,809 Mil. Generation Next Fashions's Total Assets for the quarter that ended in Dec. 2023 was BDT9,793 Mil. Therefore, Generation Next Fashions's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.59.

The historical rank and industry rank for Generation Next Fashions's Equity-to-Asset or its related term are showing as below:

DHA:GENNEXT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58   Med: 0.67   Max: 0.86
Current: 0.59

During the past 12 years, the highest Equity to Asset Ratio of Generation Next Fashions was 0.86. The lowest was 0.58. And the median was 0.67.

DHA:GENNEXT's Equity-to-Asset is ranked better than
60.52% of 1084 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs DHA:GENNEXT: 0.59

Generation Next Fashions Equity-to-Asset Historical Data

The historical data trend for Generation Next Fashions'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.

Generation Next Fashions Equity-to-Asset Chart

Generation Next Fashions Annual Data
Trend Dec14 Dec15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.64 0.62 0.61 0.59

Generation Next Fashions 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 Get a 7-Day Free Trial 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 0.58 0.58 0.59 0.59 0.59

Competitive Comparison of Generation Next Fashions's Equity-to-Asset

For the Apparel Manufacturing subindustry, Generation Next Fashions'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.


Generation Next Fashions's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Generation Next Fashions's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Generation Next Fashions's Equity-to-Asset falls into.



Generation Next Fashions 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.

Generation Next Fashions's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=5882.036/9928.393
=0.59

Generation Next Fashions'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
=5809.005/9792.905
=0.59

* 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.


Generation Next Fashions  (DHA:GENNEXT) 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%.


Generation Next Fashions Equity-to-Asset Related Terms

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


Generation Next Fashions (DHA:GENNEXT) Business Description

Traded in Other Exchanges
N/A
Address
Building No. 348, Road No. 5, DOHS Baridhara, Dhaka, BGD, 1206
Generation Next Fashions Ltd is a textile and apparel company. The company is engaged in the knitting, dying, and manufacturing of textiles and readymade garments. The company offers wearable goods for Men, Women, and Kids. It offers products such as T-shirts, trousers, hoodies, jackets, nightwear, and others.

Generation Next Fashions (DHA:GENNEXT) Headlines

No Headlines