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Ghani Glass (KAR:GHGL) Equity-to-Asset : 0.70 (As of Dec. 2024)


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What is Ghani Glass Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ghani Glass's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₨35,694 Mil. Ghani Glass's Total Assets for the quarter that ended in Dec. 2024 was ₨51,314 Mil. Therefore, Ghani Glass's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.70.

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

KAR:GHGL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.6   Med: 0.68   Max: 0.75
Current: 0.7

During the past 13 years, the highest Equity to Asset Ratio of Ghani Glass was 0.75. The lowest was 0.60. And the median was 0.68.

KAR:GHGL's Equity-to-Asset is ranked better than
73.83% of 405 companies
in the Packaging & Containers industry
Industry Median: 0.55 vs KAR:GHGL: 0.70

Ghani Glass Equity-to-Asset Historical Data

The historical data trend for Ghani Glass'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.

Ghani Glass Equity-to-Asset Chart

Ghani Glass Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.64 0.67 0.66 0.69

Ghani Glass Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.64 0.65 0.69 0.69 0.70

Competitive Comparison of Ghani Glass's Equity-to-Asset

For the Packaging & Containers subindustry, Ghani Glass'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.


Ghani Glass's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ghani Glass's Equity-to-Asset distribution charts can be found below:

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


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Ghani Glass 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.

Ghani Glass's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )=Total Stockholders Equity/Total Assets
=33951.981/49563.469
=0.69

Ghani Glass's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=35693.85/51314.038
=0.70

* 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.


Ghani Glass  (KAR:GHGL) 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%.


Ghani Glass Equity-to-Asset Related Terms

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


Ghani Glass Business Description

Traded in Other Exchanges
N/A
Address
40-L Model Town Extension, Ghani Complex, Lahore, PB, PAK
Ghani Glass Ltd is involved in manufacturing and selling float and container glass products in Pakistan. The company offers clear, green, brown, reflective, blue, and grey float glass products, as well as tempered and double glazed safety glass, silver and aluminum, coated mirror, and offline color coated glass products. It also provides amber and clear pharmaceutical glass containers, flint and green beverages glass containers, and clear food glass containers. Geographically, it derives a majority of its revenue from Pakistan.

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