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GNLAF (Genesis Land Development) Equity-to-Asset : 0.50 (As of Sep. 2024)


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What is Genesis Land Development Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Genesis Land Development's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $186.5 Mil. Genesis Land Development's Total Assets for the quarter that ended in Sep. 2024 was $377.0 Mil. Therefore, Genesis Land Development's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.50.

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

GNLAF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48   Med: 0.68   Max: 0.73
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of Genesis Land Development was 0.73. The lowest was 0.48. And the median was 0.68.

GNLAF's Equity-to-Asset is ranked better than
58.92% of 1821 companies
in the Real Estate industry
Industry Median: 0.45 vs GNLAF: 0.50

Genesis Land Development Equity-to-Asset Historical Data

The historical data trend for Genesis Land Development'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.

Genesis Land Development Equity-to-Asset Chart

Genesis Land Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.70 0.70 0.62 0.53

Genesis Land Development Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.56 0.53 0.54 0.48 0.50

Competitive Comparison of Genesis Land Development's Equity-to-Asset

For the Real Estate - Development subindustry, Genesis Land Development'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.


Genesis Land Development's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Genesis Land Development's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Genesis Land Development's Equity-to-Asset falls into.



Genesis Land Development 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.

Genesis Land Development'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
=172.288/328.028
=0.53

Genesis Land Development'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
=186.54/376.993
=0.49

* 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.


Genesis Land Development  (OTCPK:GNLAF) 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%.


Genesis Land Development Equity-to-Asset Related Terms

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Genesis Land Development Business Description

Traded in Other Exchanges
Address
6240, 333 - 96 Avenue NE, Calgary, AB, CAN, T3K 0S3
Genesis Land Development Corp is a Canada-based land developer and home builder. The company is engaged in the acquisition, development, and sale of land, residential lots, and homes mainly in the greater Calgary area. The company has two business segments: Land development and Homebuilding. It earns the majority of its revenue from the home building segment.

Genesis Land Development Headlines