China Gerui Advanced Materials Group (FRA:G60A) Equity-to-Asset : 0.51 (As of Sep. 2014)

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

What is China Gerui Advanced Materials Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Gerui Advanced Materials Group's Total Stockholders Equity for the quarter that ended in Sep. 2014 was €198.75 Mil. China Gerui Advanced Materials Group's Total Assets for the quarter that ended in Sep. 2014 was €387.22 Mil. Therefore, China Gerui Advanced Materials Group's Equity to Asset Ratio for the quarter that ended in Sep. 2014 was 0.51.

The historical rank and industry rank for China Gerui Advanced Materials Group's Equity-to-Asset or its related term are showing as below:

FRA:G60A' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11 Med: 0.48 Max: 0.51
Current: 0.51

During the past 8 years, the highest Equity to Asset Ratio of China Gerui Advanced Materials Group was 0.51. The lowest was 0.11. And the median was 0.48.

FRA:G60A's Equity-to-Asset is not ranked
in the Steel industry.
Industry Median: 0.53 vs FRA:G60A: 0.51

China Gerui Advanced Materials Group Equity-to-Asset Historical Data

The historical data trend for China Gerui Advanced Materials 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.

China Gerui Advanced Materials Group Equity-to-Asset Chart

China Gerui Advanced Materials Group Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Equity-to-Asset

Get a 7-Day Free Trial

0.47

0.51

0.50

0.49

0.48

China Gerui Advanced Materials Group Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Equity-to-Asset	Get a 7-Day Free Trial															-	0.48	0.50	0.51	0.51

Competitive Comparison of China Gerui Advanced Materials Group's Equity-to-Asset

For the Steel subindustry, China Gerui Advanced Materials 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.

China Gerui Advanced Materials Group's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, China Gerui Advanced Materials Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Gerui Advanced Materials Group's Equity-to-Asset falls into.

China Gerui Advanced Materials 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.

China Gerui Advanced Materials Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Equity to Asset (A: Dec. 2013 )	=	Total Stockholders Equity	/	Total Assets
	=	218.364	/	457.387
	=	0.48

China Gerui Advanced Materials Group's Equity to Asset Ratio for the quarter that ended in Sep. 2014 is calculated as

Equity to Asset (Q: Sep. 2014 )	=	Total Stockholders Equity	/	Total Assets
	=	198.745	/	387.222
	=	0.51

China Gerui Advanced Materials Group (FRA:G60A) 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%.

China Gerui Advanced Materials Group Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of China Gerui Advanced Materials Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

China Gerui Advanced Materials Group (FRA:G60A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » China Gerui Advanced Materials Group Ltd (FRA:G60A) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

1 Shuanghu Development Zone, Zhengzhou, Xinzheng City, Henan, CHN, 451191

Website

http://www.geruigroup.com

China Gerui Advanced Materials Group Ltd is a China-based steel processor company. It manufactures high precision cold-rolled narrow strip steel products and converts steel manufactured into thin steel sheets and strips. It mainly produces ultra-thin, high-strength cold-rolled steel products and chromium plates. The company sells its products to domestic Chinese customers who primarily operate in the food and industrial packaging, construction and household decorations materials, electrical appliances, and telecommunications wires and cables industries.

China Gerui Advanced Materials Group (FRA:G60A) Headlines

No Headlines