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GreenTree Hospitality Group (GreenTree Hospitality Group) Equity-to-Asset : 0.28 (As of Dec. 2023)


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What is GreenTree Hospitality Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GreenTree Hospitality Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $200.5 Mil. GreenTree Hospitality Group's Total Assets for the quarter that ended in Dec. 2023 was $707.8 Mil. Therefore, GreenTree Hospitality Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.28.

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

GHG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.49   Max: 0.55
Current: 0.28

During the past 9 years, the highest Equity to Asset Ratio of GreenTree Hospitality Group was 0.55. The lowest was 0.28. And the median was 0.49.

GHG's Equity-to-Asset is ranked worse than
72.06% of 841 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs GHG: 0.28

GreenTree Hospitality Group Equity-to-Asset Historical Data

The historical data trend for GreenTree Hospitality 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.

GreenTree Hospitality Group Equity-to-Asset Chart

GreenTree Hospitality Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.49 0.51 0.40 0.28 0.28

GreenTree Hospitality Group Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 - 0.28 0.25 0.29 0.28

Competitive Comparison of GreenTree Hospitality Group's Equity-to-Asset

For the Lodging subindustry, GreenTree Hospitality 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.


GreenTree Hospitality Group's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, GreenTree Hospitality Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where GreenTree Hospitality Group's Equity-to-Asset falls into.



GreenTree Hospitality 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.

GreenTree Hospitality Group'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
=200.454/707.828
=0.28

GreenTree Hospitality Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=200.454/707.828
=0.28

* 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.


GreenTree Hospitality Group  (NYSE:GHG) 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%.


GreenTree Hospitality Group Equity-to-Asset Related Terms

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


GreenTree Hospitality Group (GreenTree Hospitality Group) Business Description

Traded in Other Exchanges
Address
1228 Zhongshan North Road, Putuo District, Shanghai, CHN, 200065
GreenTree Hospitality Group Ltd is a franchised hotel operator in China as franchised and managed hotels represent almost all the hotels in its hotel network. The hotel network of the company comprised approximately 4,059 hotels with nearly 302,497 rooms in China, covering all centrally administrated municipalities and cities throughout all provinces and autonomous regions in China. The company operates its hotels under GreenTree Inns, GreenTree Eastern, Gme, Gya and VX, GreenTree Alliance, Vatica, and others. The company operates solely in China and generates all its revenue from China itself.