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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Grino Ecologic's Total Stockholders Equity for the quarter that ended in Dec. 2024 was €40.61 Mil. Grino Ecologic's Total Assets for the quarter that ended in Dec. 2024 was €69.68 Mil.
Therefore, Grino Ecologic's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.58.
The historical rank and industry rank for Grino Ecologic's Equity-to-Asset or its related term are showing as below:
XMAD:GRI's Equity-to-Asset is not ranked *
in the Waste Management industry.
Industry Median: 0.45 * Ranked among companies with meaningful Equity-to-Asset only.
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%.
Grino Ecologic Equity-to-Asset Related Terms
Grino Ecologic Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Grino Ecologic'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.
XMAD:GRI vs WM, RSG, WCN: Equity-to-Asset Comparison
For the Waste Management subindustry, Grino Ecologic'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.
Grino Ecologic Equity-to-Asset vs Waste Management Industry
For the Waste Management industry and Industrials sector, Grino Ecologic's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Grino Ecologic'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.
Grino Ecologic'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.
Grino Ecologic (XMAD:GRI) has a Equity-to-Asset of 0.58 as of Dec. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Grino Ecologic and its competitors.
Is Grino Ecologic's Equity-to-Asset too high?
Grino Ecologic's current Equity-to-Asset is 0.58. The Waste Management industry median Equity-to-Asset is 0.45. Grino Ecologic's value of 0.58 is 28.9% above this industry median. Overall, Grino Ecologic has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Grino Ecologic's Equity-to-Asset compare to WM and RSG?
Grino Ecologic's Equity-to-Asset of 0.58 can be compared against companies in the Waste Management industry. The industry median Equity-to-Asset is 0.45. Grino Ecologic's value of 0.58 is 28.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Waste Management company?
The median Equity-to-Asset among Waste Management companies is 0.45, based on 246 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grino Ecologic's current Equity-to-Asset of 0.58 is 28.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Grino Ecologic and its competitors. For the Waste Management industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grino Ecologic's current Equity-to-Asset is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grino Ecologic stock overvalued right now?
Grino Ecologic (XMAD:GRI) has a current Equity-to-Asset of 0.58. The current Equity-to-Asset is 0.58 and 28.9% above the Waste Management industry median of 0.45. Grino Ecologic's overall GF Score™ is 69/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Grino Ecologic (XMAD:GRI), the current Equity-to-Asset is 0.58 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Grino Ecologic is a group of industrial companies which focuses on environmental services and green energy generation. The company operates in environmental services, waste treatment, energy, and construction.
69GF Score
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