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General De Galerias Comerciales Socimi (XMAD:GGC) Equity-to-Asset : 0.84 (As of Dec. 2023)


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What is General De Galerias Comerciales Socimi Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. General De Galerias Comerciales Socimi's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €750.5 Mil. General De Galerias Comerciales Socimi's Total Assets for the quarter that ended in Dec. 2023 was €896.5 Mil. Therefore, General De Galerias Comerciales Socimi's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.84.

The historical rank and industry rank for General De Galerias Comerciales Socimi's Equity-to-Asset or its related term are showing as below:

XMAD:GGC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62   Med: 0.78   Max: 0.87
Current: 0.84

During the past 11 years, the highest Equity to Asset Ratio of General De Galerias Comerciales Socimi was 0.87. The lowest was 0.62. And the median was 0.78.

XMAD:GGC's Equity-to-Asset is not ranked
in the REITs industry.
Industry Median: 0.57 vs XMAD:GGC: 0.84

General De Galerias Comerciales Socimi Equity-to-Asset Historical Data

The historical data trend for General De Galerias Comerciales Socimi'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.

General De Galerias Comerciales Socimi Equity-to-Asset Chart

General De Galerias Comerciales Socimi 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 0.87 0.75 0.80 0.77 0.84

General De Galerias Comerciales Socimi Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.80 0.74 0.77 0.78 0.84

Competitive Comparison of General De Galerias Comerciales Socimi's Equity-to-Asset

For the REIT - Retail subindustry, General De Galerias Comerciales Socimi'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.


General De Galerias Comerciales Socimi's Equity-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, General De Galerias Comerciales Socimi's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where General De Galerias Comerciales Socimi's Equity-to-Asset falls into.



General De Galerias Comerciales Socimi 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.

General De Galerias Comerciales Socimi'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
=750.522/896.52
=0.84

General De Galerias Comerciales Socimi's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=750.522/896.52
=0.84

* 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.


General De Galerias Comerciales Socimi  (XMAD:GGC) 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%.


General De Galerias Comerciales Socimi Equity-to-Asset Related Terms

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


General De Galerias Comerciales Socimi (XMAD:GGC) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Ctra. Ojen S/N. P. C. La Canada, Marbella, ESP, 29603
General De Galerías Comerciales Socimi SA is a Spanish investment real estate company. The company is specialized in developing, acquiring and managing quality tertiary real estate assets in the Spanish market. It manages six shopping centres, being five of them located in Andalucía and the other one in Cataluna.

General De Galerias Comerciales Socimi (XMAD:GGC) Headlines

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