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Golden Eagle Retail Group (Golden Eagle Retail Group) Equity-to-Asset : 0.40 (As of Jun. 2023)


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What is Golden Eagle Retail Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Golden Eagle Retail Group's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $1,377.3 Mil. Golden Eagle Retail Group's Total Assets for the quarter that ended in Jun. 2023 was $3,485.9 Mil. Therefore, Golden Eagle Retail Group's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.40.

The historical rank and industry rank for Golden Eagle Retail Group's Equity-to-Asset or its related term are showing as below:

GDNEF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.31   Max: 0.4
Current: 0.4

During the past 13 years, the highest Equity to Asset Ratio of Golden Eagle Retail Group was 0.40. The lowest was 0.23. And the median was 0.31.

GDNEF's Equity-to-Asset is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.44 vs GDNEF: 0.40

Golden Eagle Retail Group Equity-to-Asset Historical Data

The historical data trend for Golden Eagle Retail 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.

Golden Eagle Retail Group Equity-to-Asset Chart

Golden Eagle Retail Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.30 0.32 0.34 0.36

Golden Eagle Retail Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.33 0.34 0.36 0.36 0.40

Competitive Comparison of Golden Eagle Retail Group's Equity-to-Asset

For the Department Stores subindustry, Golden Eagle Retail 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.


Golden Eagle Retail Group's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Golden Eagle Retail Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Golden Eagle Retail Group's Equity-to-Asset falls into.



Golden Eagle Retail 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.

Golden Eagle Retail Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=1331.181/3679.449
=0.36

Golden Eagle Retail Group's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=1377.328/3485.879
=0.40

* 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.


Golden Eagle Retail Group  (OTCPK:GDNEF) 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%.


Golden Eagle Retail Group Equity-to-Asset Related Terms

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Golden Eagle Retail Group (Golden Eagle Retail Group) Business Description

Traded in Other Exchanges
N/A
Address
No. 888 Yingtian Street, 17th Floor, Block A, Golden Eagle World, Jianye District, Nanjing, CHN
Golden Eagle Retail Group Ltd is principally engaged in the development and operation of department stores in China. Targeting the mid-to-high end market, the company's stores are primarily located in four provinces and one municipality, including Jiangsu, Anhui, Shaanxi, Yunnan, and Shanghai. In addition to the core function as a department store chain, the company's stores also provide other functions and amenities, such as dining, entertainment, beauty, and personal care, cinemas, and preschool education. Specifically, for the company's stores, the majority of the total gross floor area is located in self-owned properties.

Golden Eagle Retail Group (Golden Eagle Retail Group) Headlines

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