Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gladstone Investment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $459.94 Mil. Gladstone Investment's Total Assets for the quarter that ended in Dec. 2023 was $917.62 Mil.
Therefore, Gladstone Investment's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.50.
The historical rank and industry rank for Gladstone Investment's Equity-to-Asset or its related term are showing as below:
GAIN'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5 Med: 0.59 Max: 0.7
Current: 0.5
During the past 13 years, the highest Equity to Asset Ratio of Gladstone Investment was 0.70. The lowest was 0.50. And the median was 0.59.
GAIN's Equity-to-Asset is ranked worse than 83.09% of 1727
companies
in the Asset Management industry
Industry Median: 0.83
vs GAIN: 0.50
Gladstone Investment Equity-to-Asset Historical Data
The historical data trend for Gladstone Investment'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.
Competitive Comparison of Gladstone Investment's Equity-to-Asset
For the Asset Management subindustry, Gladstone Investment'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.
Gladstone Investment's Equity-to-Asset Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Gladstone Investment's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Gladstone Investment's Equity-to-Asset falls into.
Gladstone Investment 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.
Gladstone Investment's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 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.
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%.
Gladstone Investment Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Gladstone Investment's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Gladstone Investment (Gladstone Investment) Business Description
Gladstone Investment Corp is a business development company. The company's investment objective is to invest achieve and grow current income by investing in debt securities of established businesses that will provide stable earnings and cash flow, and provide its stockholders with long-term capital appreciation by investing in equity securities. The company's investment sectors include Business service/distribution, Consumer products, and manufacturing. Its portfolio consists of the following industries Conglomerate Services, Home and Office Furnishings, Housewares, Durable Consumer Products, Leisure, Motion Pictures, Entertainment, Conglomerate Manufacturing, Chemicals, Telecommunications, Aerospace and Defense, and others. Its investment activities are carried across the United States.
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