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General Dynamics (FRA:GDX) Equity-to-Asset : 0.39 (As of Mar. 2024)


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What is General Dynamics Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. General Dynamics's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €19,697 Mil. General Dynamics's Total Assets for the quarter that ended in Mar. 2024 was €50,826 Mil. Therefore, General Dynamics's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.39.

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

FRA:GDX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.33   Max: 0.39
Current: 0.39

During the past 13 years, the highest Equity to Asset Ratio of General Dynamics was 0.39. The lowest was 0.25. And the median was 0.33.

FRA:GDX's Equity-to-Asset is ranked worse than
57.01% of 314 companies
in the Aerospace & Defense industry
Industry Median: 0.45 vs FRA:GDX: 0.39

General Dynamics Equity-to-Asset Historical Data

The historical data trend for General Dynamics'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.

General Dynamics Equity-to-Asset Chart

General Dynamics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.31 0.35 0.36 0.39

General Dynamics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.37 0.37 0.37 0.39 0.39

Competitive Comparison of General Dynamics's Equity-to-Asset

For the Aerospace & Defense subindustry, General Dynamics'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.


General Dynamics's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, General Dynamics's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where General Dynamics's Equity-to-Asset falls into.



General Dynamics 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.

General Dynamics'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
=19531.183/50260.77
=0.39

General Dynamics's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=19697.2/50826.32
=0.39

* 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.


General Dynamics  (FRA:GDX) 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%.


General Dynamics Equity-to-Asset Related Terms

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


General Dynamics (FRA:GDX) Business Description

Address
11011 Sunset Hills Road, Reston, VA, USA, 20190
General Dynamics is a defense contractor and business jet manufacturer. The firm's segments include aerospace, marine, combat systems, and technologies. General Dynamics' aerospace segment creates Gulfstream business jets and operates a global aircraft servicing operation. Combat systems produces land-based combat vehicles such as the M1 Abrams tank and Stryker armored personnel carrier, as well as munitions. The marine segment creates and services nuclear-powered submarines, destroyers, and other ships. The technologies segment contains two main units, an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computing, intelligence, surveillance, and reconnaissance capabilities to the military.

General Dynamics (FRA:GDX) Headlines

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