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General Finance (General Finance) Equity-to-Asset : 0.26 (As of Mar. 2021)


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What is General Finance Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. General Finance's Total Stockholders Equity for the quarter that ended in Mar. 2021 was $203.6 Mil. General Finance's Total Assets for the quarter that ended in Mar. 2021 was $788.8 Mil. Therefore, General Finance's Equity to Asset Ratio for the quarter that ended in Mar. 2021 was 0.26.

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

GFN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2   Med: 0.24   Max: 0.8
Current: 0.26

During the past 13 years, the highest Equity to Asset Ratio of General Finance was 0.80. The lowest was 0.20. And the median was 0.24.

GFN's Equity-to-Asset is not ranked
in the Business Services industry.
Industry Median: 0.49 vs GFN: 0.26

General Finance Equity-to-Asset Historical Data

The historical data trend for General Finance'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 Finance Equity-to-Asset Chart

General Finance Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.20 0.21 0.25 0.23

General Finance Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.24 0.23 0.23 0.25 0.26

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

For the Rental & Leasing Services subindustry, General Finance'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 Finance's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, General Finance's Equity-to-Asset distribution charts can be found below:

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



General Finance 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 Finance's Equity to Asset Ratio for the fiscal year that ended in Jun. 2020 is calculated as

Equity to Asset (A: Jun. 2020 )=Total Stockholders Equity/Total Assets
=174.413/756.022
=0.23

General Finance's Equity to Asset Ratio for the quarter that ended in Mar. 2021 is calculated as

Equity to Asset (Q: Mar. 2021 )=Total Stockholders Equity/Total Assets
=203.585/788.764
=0.26

* 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 Finance  (NAS:GFN) 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 Finance Equity-to-Asset Related Terms

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


General Finance (General Finance) Business Description

Traded in Other Exchanges
N/A
Address
39 East Union Street, Pasadena, CA, USA, 91103
General Finance Corp is a specialty rental services company. The company offers portable storage, modular space, and liquid containment solutions, with a diverse and expanding lease fleet of 78,605 units. The company serves a diverse range of customers across a broad range of industries, including the commercial, construction, transportation, industrial, energy, manufacturing, mining, retail, education and government sectors. The company is organized geographically across two principal operating segments, North America and Asia-Pacific.
Executives
Neil Gagnon 10 percent owner 1370 AVENUE OF THE AMERICAS, 24TH FLOOR, NEW YORK NY 10019
Ronald Valenta director, 10 percent owner 39 EAST UNION STREET PASADENA CA 91103
Christopher A Wilson officer: General Counsel, VP, Secretary 39 EAST UNION STREET PASADENA CA 91103
Jeffrey A Kluckman officer: Executive Vice President 39 EAST UNION STREET PASADENA CA 91103
Charles E Barrantes officer: Chief Financial Officer 39 EAST UNION STREET PASADENA CA 91103
Jody Edwin Miller director, officer: CEO & President 39 EAST UNION STREET PASADENA CA 91103
Theodore M. Mourouzis officer: President of Pac-Van, Inc. 9155 HARRISON PARK COURT INDIANAPOLIS IN 46216
Eric Weber officer: CFO of Pac-Van, Inc. 9155 HARRISON PARK COURT INDIANAPOLIS IN 46216
William H Baribault director 39 EAST UNION STREET PASADENA CA 91103
Larry D Tashjian director 39 EAST UNION STREET PASADENA CA 91103
Gregory B Baker officer: CFO-GFN Asia Pacific Holdings LEVEL 3 1 MERRIWA STREET GORDON NSW C3 2072
Neil Littlewood officer: CEO of Royal Wolf Holdings LEVEL 3 1 MERRIWA STREET GORDON NSW C3 2072
Susan L Harris director 39 EAST UNION STREET, PASADENA CA 91103
Manuel Marrero director 39 EAST UNION STREET PASADENA CA 91103
James B Roszak director 39 EAST UNION STREET PASADENA CA 91103

General Finance (General Finance) Headlines

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