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 Dec. 2024 was $22,063 Mil. General Dynamics's Total Assets for the quarter that ended in Dec. 2024 was $55,880 Mil.
Therefore, General Dynamics's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.40.
The historical rank and industry rank for General Dynamics's Equity-to-Asset or its related term are showing as below:
GD'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26 Med: 0.33 Max: 0.4
Current: 0.4
During the past 13 years, the highest Equity to Asset Ratio of General Dynamics was 0.40. The lowest was 0.26. And the median was 0.33.
GD's Equity-to-Asset is ranked worse than 62.26% of 318
companies
in the Aerospace & Defense industry
Industry Median: 0.48
vs GD: 0.40
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.
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.
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. 2024 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.
General Dynamics (NYSE:GD) 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 is a defense contractor and business jet manufacturer. The firm's segments include aerospace, marine, combat systems, and technology. General Dynamics' aerospace segment manufactures 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 builds 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.
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