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GWG Holdings (GWG Holdings) Equity-to-Asset : -0.03 (As of Sep. 2021)


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What is GWG Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GWG Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $-115.70 Mil. GWG Holdings's Total Assets for the quarter that ended in Sep. 2021 was $3,490.20 Mil. Therefore, GWG Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2021 was -0.03.

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

GWGHQ's Equity-to-Asset is not ranked *
in the Insurance industry.
Industry Median: 0.24
* Ranked among companies with meaningful Equity-to-Asset only.

GWG Holdings Equity-to-Asset Historical Data

The historical data trend for GWG Holdings'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.

GWG Holdings Equity-to-Asset Chart

GWG Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.16 0.19 0.09 0.03

GWG Holdings Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.03 0.03 0.01 -0.01 -0.03

Competitive Comparison of GWG Holdings's Equity-to-Asset

For the Insurance - Life subindustry, GWG Holdings'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.


GWG Holdings's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, GWG Holdings's Equity-to-Asset distribution charts can be found below:

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



GWG Holdings 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.

GWG Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=112.372/3564.957
=0.03

GWG Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

Equity to Asset (Q: Sep. 2021 )=Total Stockholders Equity/Total Assets
=-115.703/3490.196
=-0.03

* 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.


GWG Holdings  (OTCPK:GWGHQ) 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%.


GWG Holdings Equity-to-Asset Related Terms

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


GWG Holdings (GWG Holdings) Business Description

Traded in Other Exchanges
N/A
Address
325 North St. Paul Street, Suite 2650, Dallas, TX, USA, 75201
GWG Holdings Inc is a financial service company engaged in life insurance and related business. Its reportable segments include Secondary Life Insurance and Investment in Beneficient. The Secondary Life Insurance segment seeks to earn non-correlated yield from a portfolio of life insurance policies. Its Investment in Beneficient segment consists of investment in the common units of the BEN LP. The company derives a majority of revenue from the Secondary Life Insurance segment.
Executives
Anthony R Horton director 12377 MERIT DRIVE, SUITE 1700, DALLAS TX 75251
Jeffrey Scott Stein director, officer: Chief Restructuring Officer 601 TRAVIS, SUITE 1400, HOUSTON TX 77002
John A. Stahl 10 percent owner 325 NORTH SAINT PAUL SUITE 4850 DALLAS TX 75201
David S Gruber director 325 N ST PAUL STREET STE 2650 DALLAS TX 75201
Daniel Phillip Fine director 325 N ST PAUL STREET STE 2650 DALLAS TX 75201
Roy W Bailey director 5956 SHERRY LANE SUITE 800 DALLAS TX 75225
Lennie Nicholson officer: General Counsel and Secretary 325 N. ST. PAUL STREET SUITE 2650 DALLAS TX 75201
Timothy L Evans officer: Chief Financial Officer 220 SOUTH SIXTH STREET SUITE 1200 MINNEAPOLIS MN 55402
Kathleen Mason director GENESCO INC., 1415 MURFREESBORO ROAD, NASHVILLE TN 37217
David Chavenson director 220 SOUTH SIXTH STREET SUITE 1200 MINNEAPOLIS MN 55402
Dennis P Lockhart director 100 GOLF ROAD, GOLF IL 60029
De Weese David H director 220 SOUTH 6TH STREET SUITE 1200 MINNEAPOLIS MN 55402
Cangany Peter T Jr director 220 SOUTH 6TH STREET, SUITE 1200, MINNEAPOLIS MN 55402
Bruce William Schnitzer director 489 FIFTH AVE., 21ST FLOOR, NEW YORK NY 10017
Thomas O Hicks director 2200 ROSS AVENUE, SUITE 4600 W, DALLAS TX 75201

GWG Holdings (GWG Holdings) Headlines

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