GLGI (Greystone Logistics) Equity-to-Asset: 0.29 (As of May. 2026) — 12% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GLGI Greystone Logistics Inc GLGI
27 GF Score
Price $0.25
GF Value $0.51
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Greystone Logistics Equity-to-Asset?

Greystone Logistics GLGI +14.05% 27 Equity-to-Asset is 0.29 as of May. 2026, which is 12% above its 10-year median of 0.26. GuruFocus rates GLGI with a GF Score™ of 27/100 and a GF Value™ of $0.51 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,624 Chemicals companies, Greystone Logistics ranks worse than 87.56% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Greystone Logistics's Total Stockholders Equity for the quarter that ended in May. 2026 was $11.52 Mil. Greystone Logistics's Total Assets for the quarter that ended in May. 2026 was $39.45 Mil. Therefore, Greystone Logistics's Equity to Asset Ratio for the quarter that ended in May. 2026 was 0.29.

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

GLGI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0   Med: 0.26   Max: 0.46
Current: 0.31

During the past 13 years, the highest Equity to Asset Ratio of Greystone Logistics was 0.46. The lowest was 0.00. And the median was 0.26.

GLGI's Equity-to-Asset is ranked worse than
87.56% of 1624 companies
in the Chemicals industry
Industry Median: 0.6 vs GLGI: 0.31

Greystone Logistics  (OTCPK:GLGI) 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%.


Greystone Logistics Equity-to-Asset Related Terms


Greystone Logistics Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Greystone Logistics'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.

Greystone Logistics Equity-to-Asset Chart

Greystone Logistics Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.38 0.45 0.43 0.29

Greystone Logistics Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.43 0.43 0.41 0.36 0.29

GLGI vs YMAT, SNES, CNEY: Equity-to-Asset Comparison

For the Specialty Chemicals subindustry, Greystone Logistics'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.


Greystone Logistics Equity-to-Asset vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Greystone Logistics's Equity-to-Asset distribution charts can be found below:

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


GLGI
27GF Score
Greystone Logistics Inc GLGI
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greystone Logistics 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.

Greystone Logistics's Equity to Asset Ratio for the fiscal year that ended in May. 2026 is calculated as

Equity to Asset (A: May. 2026 )=Total Stockholders Equity/Total Assets
=11.517586/39.452756
=0.29

Greystone Logistics's Equity to Asset Ratio for the quarter that ended in May. 2026 is calculated as

Equity to Asset (Q: May. 2026 )=Total Stockholders Equity/Total Assets
=11.517586/39.452756
=0.29

* 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 0.29 mean?
Greystone Logistics (GLGI) has a Equity-to-Asset of 0.29 as of May. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Greystone Logistics and its competitors. This is 12% above median its historical median of 0.26. According to the industry distribution chart, Greystone Logistics ranks #1422 out of 1624 companies in the Chemicals industry, placing it in the top 87.6%.
Is Greystone Logistics' Equity-to-Asset too high?
Greystone Logistics' current Equity-to-Asset of 0.29 is 12% above median its 10-year median of 0.26. The Chemicals industry median Equity-to-Asset is 0.60. Greystone Logistics' value of 0.29 is 51.7% below this industry median. Based on the distribution chart, Greystone Logistics ranks #1422 out of 1624 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Greystone Logistics has a GF Score™ of 27/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Greystone Logistics' Equity-to-Asset compare to YMAT and SNES?
According to the Chemicals industry distribution chart, Greystone Logistics ranks #1422 out of 1624 companies for Equity-to-Asset. This places Greystone Logistics in the lower half of its industry. The industry median Equity-to-Asset is 0.60. Greystone Logistics' value of 0.29 is 51.7% below this benchmark. While the company's 10-year median is 0.26 vs. the industry median of 0.60, Greystone Logistics has consistently been below the industry average. 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 a Chemicals company?
The median Equity-to-Asset among Chemicals companies is 0.60, based on 1,624 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. Greystone Logistics's current Equity-to-Asset of 0.29 is 51.7% 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 Greystone Logistics and its competitors. For the Chemicals industry, the median Equity-to-Asset is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greystone Logistics's current Equity-to-Asset is 0.29, which is 12% above median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greystone Logistics stock overvalued right now?
Based on GuruFocus' analysis, Greystone Logistics (GLGI) is currently considered Possible Value Trap. The stock's GF Value™ is $0.51, compared to a current price of $0.25 — trading 50.8% below its estimated fair value. The current Equity-to-Asset is 0.29, which is 12% above median its 10-year median of 0.26 and 51.7% below the Chemicals industry median of 0.60. Greystone Logistics' overall GF Score™ is 27/100 with 4 warning signs to review. 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 Greystone Logistics (GLGI), the current Equity-to-Asset is 0.29 as of May. 2026. 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.

Is Greystone Logistics (GLGI) Overvalued in 2026?

Based on GuruFocus' analysis, Greystone Logistics stock appears to be undervalued. The current stock price of $0.25 is trading 50.8% below its estimated GF Value™ of $0.51. GuruFocus considers Greystone Logistics to be Possible Value Trap.

Key valuation signals for GLGI:

  • Equity-to-Asset: 0.29 (12% above median its 10-year median of 0.26)
  • GF Value™: $0.51 vs. price of $0.25 (50.8% below fair value)
  • GF Score™: 27/100 with 4 warning signs
  • Industry Position: 51.7% below the Chemicals median (#1422 of 1624)

No single metric tells the full story. See the GLGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greystone Logistics Business Description

Address 1613 East 15th Street, Tulsa, OK, USA, 74120
Greystone Logistics Inc is engaged in the business of manufacturing and selling plastic pallets utilizing recycled plastic that provide logistical solutions needed by a wide range of industries, such as the food and beverage, automotive, chemical, pharmaceutical, and consumer product industries. Its products include rackable pallets, can pallets, display pallets, monoblock pallet, rackable pallets, drum pallets, and a mid-duty pallet of different sizes and specifications. The company sells its products through one of its subsidiaries and a network of contractor distributors and direct sales.
27GF Score

Get the complete analysis for GLGI

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.25
Price
$0.51
GF Value