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GNCGY (Greencore Group) Equity-to-Asset : 0.37 (As of Sep. 2024)


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What is Greencore Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Greencore Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $596 Mil. Greencore Group's Total Assets for the quarter that ended in Sep. 2024 was $1,594 Mil. Therefore, Greencore Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.37.

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

GNCGY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.33   Max: 0.37
Current: 0.37

During the past 13 years, the highest Equity to Asset Ratio of Greencore Group was 0.37. The lowest was 0.19. And the median was 0.33.

GNCGY's Equity-to-Asset is ranked worse than
74.29% of 1925 companies
in the Consumer Packaged Goods industry
Industry Median: 0.55 vs GNCGY: 0.37

Greencore Group Equity-to-Asset Historical Data

The historical data trend for Greencore 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.

Greencore Group Equity-to-Asset Chart

Greencore Group Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.33 0.35 0.35 0.37

Greencore Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.35 0.33 0.35 0.35 0.37

Competitive Comparison of Greencore Group's Equity-to-Asset

For the Packaged Foods subindustry, Greencore 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.


Greencore Group's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Greencore Group's Equity-to-Asset distribution charts can be found below:

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



Greencore 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.

Greencore Group's Equity to Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

Equity to Asset (A: Sep. 2024 )=Total Stockholders Equity/Total Assets
=595.503/1593.519
=0.37

Greencore Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=595.503/1593.519
=0.37

* 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.


Greencore Group  (OTCPK:GNCGY) 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%.


Greencore Group Equity-to-Asset Related Terms

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


Greencore Group Business Description

Traded in Other Exchanges
Address
Dublin Airport Central, Dublin Airport, 4th Floor, Block Two, Sword, Dublin, IRL, K67 E2H3
Greencore Group PLC is a convenience food manufacturer that supplies chilled and frozen food to customers based in U.K. and the U.S. The company's operating business segment is Convenience Foods, and it geographically operates in UK & Ireland. The UK Convenience Food categories including sandwiches, sushi, salads, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, frozen Yorkshire Puddings and cakes and desserts categories as well as the Irish Ingredients trading business.

Greencore Group Headlines

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