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Central Gold-Trust (Central Gold-Trust) Equity-to-Asset : 1.00 (As of Sep. 2015)


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What is Central Gold-Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Central Gold-Trust's Total Stockholders Equity for the quarter that ended in Sep. 2015 was $787.75 Mil. Central Gold-Trust's Total Assets for the quarter that ended in Sep. 2015 was $789.31 Mil. Therefore, Central Gold-Trust's Equity to Asset Ratio for the quarter that ended in Sep. 2015 was 1.00.

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

GTU'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.

Central Gold-Trust Equity-to-Asset Historical Data

The historical data trend for Central Gold-Trust'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.

Central Gold-Trust Equity-to-Asset Chart

Central Gold-Trust Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Equity-to-Asset
Get a 7-Day Free Trial 1.00 1.00 1.00 1.00 1.00

Central Gold-Trust Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 1.00 1.00 1.00 1.00 1.00

Competitive Comparison of Central Gold-Trust's Equity-to-Asset

For the Asset Management subindustry, Central Gold-Trust'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.


Central Gold-Trust's Equity-to-Asset Distribution in the Asset Management Industry

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

* The bar in red indicates where Central Gold-Trust's Equity-to-Asset falls into.



Central Gold-Trust 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.

Central Gold-Trust's Equity to Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Equity to Asset (A: Dec. 2014 )=Total Stockholders Equity/Total Assets
=855.277/856.233
=1.00

Central Gold-Trust's Equity to Asset Ratio for the quarter that ended in Sep. 2015 is calculated as

Equity to Asset (Q: Sep. 2015 )=Total Stockholders Equity/Total Assets
=787.749/789.305
=1.00

* 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.


Central Gold-Trust  (AMEX:GTU) 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%.


Central Gold-Trust Equity-to-Asset Related Terms

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


Central Gold-Trust (Central Gold-Trust) Business Description

Traded in Other Exchanges
N/A
Address
Central Gold-Trust was established on April 28, 2003 in Canada. It is a passive, self-governing, single purpose, closed-end trust. It was established to buy and hold substantially all of its assets in gold bullion. The objective of the Company is to provide a secure, convenient, low-cost, exchange-tradeable investment alternative for investors interested in holding gold bullion.

Central Gold-Trust (Central Gold-Trust) Headlines

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