GLAE (GlassBridge Enterprises) Equity-to-Asset: 0.25 (As of Sep. 2023)

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GLAE GlassBridge Enterprises Inc GLAE
12 GF Score
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What is GlassBridge Enterprises Equity-to-Asset?

GlassBridge Enterprises GLAE 12 Equity-to-Asset is 0.25 as of Sep. 2023. GuruFocus rates GLAE with a GF Score™ of 12/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GlassBridge Enterprises's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $5.80 Mil. GlassBridge Enterprises's Total Assets for the quarter that ended in Sep. 2023 was $23.30 Mil.

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

GLAE's Equity-to-Asset is not ranked *
in the Asset Management industry.
Industry Median: 0.83
* Ranked among companies with meaningful Equity-to-Asset only.

GlassBridge Enterprises  (OTCPK:GLAE) 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%.


GlassBridge Enterprises Equity-to-Asset Related Terms


GlassBridge Enterprises Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for GlassBridge Enterprises'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.

GlassBridge Enterprises Equity-to-Asset Chart

GlassBridge Enterprises 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 -1.29 0.08 -1.19 0.70 0.62

GlassBridge Enterprises Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.64 0.62 0.57 0.51 0.25

GLAE vs IGOT, HMNU, JPPYY: Equity-to-Asset Comparison

For the Asset Management subindustry, GlassBridge Enterprises'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.


GlassBridge Enterprises Equity-to-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, GlassBridge Enterprises's Equity-to-Asset distribution charts can be found below:

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


GLAE
12GF Score
GlassBridge Enterprises Inc GLAE
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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GlassBridge Enterprises 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.

GlassBridge Enterprises'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
=9.1/14.6
=0.62

GlassBridge Enterprises's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=5.8/23.3
=

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.25 mean?
GlassBridge Enterprises (GLAE) has a Equity-to-Asset of 0.25 as of Sep. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on GlassBridge Enterprises and its competitors.
Is GlassBridge Enterprises' Equity-to-Asset too high?
GlassBridge Enterprises' current Equity-to-Asset is 0.25. The Asset Management industry median Equity-to-Asset is 0.83. GlassBridge Enterprises' value of 0.25 is 69.9% below this industry median. Overall, GlassBridge Enterprises has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does GlassBridge Enterprises' Equity-to-Asset compare to IGOT and HMNU?
GlassBridge Enterprises' Equity-to-Asset of 0.25 can be compared against companies in the Asset Management industry. The industry median Equity-to-Asset is 0.83. GlassBridge Enterprises' value of 0.25 is 69.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,634 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GlassBridge Enterprises's current Equity-to-Asset of 0.25 is 69.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on GlassBridge Enterprises and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GlassBridge Enterprises's current Equity-to-Asset is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GlassBridge Enterprises stock overvalued right now?
GlassBridge Enterprises (GLAE) has a current Equity-to-Asset of 0.25. The current Equity-to-Asset is 0.25 and 69.9% below the Asset Management industry median of 0.83. GlassBridge Enterprises' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For GlassBridge Enterprises (GLAE), the current Equity-to-Asset is 0.25 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

GlassBridge Enterprises Business Description

Address 18 East 50th Street, FL7, New York, NY, USA, 10022
GlassBridge Enterprises Inc is a holding company in the United States. It is involved in the asset management business that comprises investment advisory services to third-party investors through managed funds, as well as separately managed accounts. The firm operates in two segments: Asset Management Business, through AAM, and a sports investment platform, through SportBLX-both owned by Adara.
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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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