Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GRI Bio's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $4.03 Mil. GRI Bio's Total Assets for the quarter that ended in Dec. 2024 was $5.74 Mil.
The historical rank and industry rank for GRI Bio's Equity-to-Asset or its related term are showing as below:
GRI'
s Equity-to-Asset Range Over the Past 10 Years
Min: -21.67 Med: -2.08 Max: 0.7
Current: 0.7
During the past 4 years, the highest Equity to Asset Ratio of GRI Bio was 0.70. The lowest was -21.67. And the median was -2.08.
GRI's Equity-to-Asset is ranked better than 53.75% of 1505
companies
in the Biotechnology industry
Industry Median: 0.67
vs GRI: 0.70
GRI Bio Equity-to-Asset Historical Data
The historical data trend for GRI Bio'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.
Competitive Comparison of GRI Bio's Equity-to-Asset
For the Biotechnology subindustry, GRI Bio'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.
GRI Bio's Equity-to-Asset Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, GRI Bio's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where GRI Bio's Equity-to-Asset falls into.
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.
GRI Bio's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as
* 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.
GRI Bio (NAS:GRI) 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%.
GRI Bio Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of GRI Bio's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
GRI Bio Inc is a clinical-stage biotech company focused on discovering, developing, and commercializing therapies targeting serious diseases associated with dysregulated immune responses that to inflammatory, fibrotic, and autoimmune disorders. GRI Bio's program, GRI-0621, is a small molecule RAR-beta and gamma dual agonist that inhibits the activity of human NKT I cells, returning the immune system to homeostasis. It is also an oral formulation of tazarotene, a synthetic RAR-beta and gamma selective agonist for the topical treatment of psoriasis and acne. The company's other product candidate GRI-0803 is a novel oral agonist of type 2 Natural Killer T (type 2 NKT) cells which can be a potential treatment for autoimmune disorders.
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