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Gulf General Investments Co PSC (DFM:GGICO) Equity-to-Asset

: -0.02 (As of Mar. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gulf General Investments Co PSC's Total Stockholders Equity for the quarter that ended in Mar. 2023 was د.إ-64.3 Mil. Gulf General Investments Co PSC's Total Assets for the quarter that ended in Mar. 2023 was د.إ4,247.9 Mil. Therefore, Gulf General Investments Co PSC's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was -0.02.

The historical rank and industry rank for Gulf General Investments Co PSC's Equity-to-Asset or its related term are showing as below:

DFM:GGICO's Equity-to-Asset is not ranked *
in the Conglomerates industry.
Industry Median: 0.44
* Ranked among companies with meaningful Equity-to-Asset only.

Gulf General Investments Co PSC Equity-to-Asset Historical Data

The historical data trend for Gulf General Investments Co PSC'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.

Gulf General Investments Co PSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.03 0.04 0.04 -0.01

Gulf General Investments Co PSC Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.03 0.03 0.03 -0.01 -0.02

Competitive Comparison

For the Conglomerates subindustry, Gulf General Investments Co PSC'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.


Gulf General Investments Co PSC Equity-to-Asset Distribution

For the Conglomerates industry and Industrials sector, Gulf General Investments Co PSC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Gulf General Investments Co PSC's Equity-to-Asset falls into.



Gulf General Investments Co PSC 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.

Gulf General Investments Co PSC's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=-48.289/4140.011
=-0.01

Gulf General Investments Co PSC's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )=Total Stockholders Equity/Total Assets
=-64.262/4247.871
=-0.02

* 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.


Gulf General Investments Co PSC  (DFM:GGICO) 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%.


Gulf General Investments Co PSC Equity-to-Asset Related Terms

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Gulf General Investments Co PSC (DFM:GGICO) Business Description

Traded in Other Exchanges
N/A
Address
Airport Road, Al Fattan Plaza Building, 4th Floor, P.O. Box 22588, Dubai, ARE
Gulf General Investments Co PSC is a UAE company engaged in the real estate agency, manufacturing, retail trading, real estate development, insurance writing, hospitality, and other services. Its business is functioned through Manufacturing, Investments, Insurance Services and Others segments. The manufacturing segment includes manufacture and sale of oil, grease, prefabricated houses, concrete, restaurant, ovens, kitchens, and central air conditioning systems; the investment segment focuses on real estate properties and equity securities and whereas Insurance Services and others, which is the key revenue driver, include the writing of insurance and various other services including hospitality. Geographically, the business presence of the firm is seen in the UAE and internationally.

Gulf General Investments Co PSC (DFM:GGICO) Headlines

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