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Grandsouth Bancorpation (Grandsouth Bancorpation) Equity-to-Asset : 0.08 (As of Sep. 2022)


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What is Grandsouth Bancorpation Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Grandsouth Bancorpation's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $96.50 Mil. Grandsouth Bancorpation's Total Assets for the quarter that ended in Sep. 2022 was $1,253.97 Mil. Therefore, Grandsouth Bancorpation's Equity to Asset Ratio for the quarter that ended in Sep. 2022 was 0.08.

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

GRRB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.08   Max: 0.11
Current: 0.08

During the past 13 years, the highest Equity to Asset Ratio of Grandsouth Bancorpation was 0.11. The lowest was 0.05. And the median was 0.08.

GRRB's Equity-to-Asset is not ranked
in the Banks industry.
Industry Median: 0.09 vs GRRB: 0.08

Grandsouth Bancorpation Equity-to-Asset Historical Data

The historical data trend for Grandsouth Bancorpation'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.

Grandsouth Bancorpation Equity-to-Asset Chart

Grandsouth Bancorpation Annual Data
Trend Dec08 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.07 0.08 0.08 0.08

Grandsouth Bancorpation Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.08 0.08 0.08 0.08 0.08

Competitive Comparison of Grandsouth Bancorpation's Equity-to-Asset

For the Banks - Regional subindustry, Grandsouth Bancorpation'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.


Grandsouth Bancorpation's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Grandsouth Bancorpation's Equity-to-Asset distribution charts can be found below:

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



Grandsouth Bancorpation 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.

Grandsouth Bancorpation's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=97.405/1203.722
=0.08

Grandsouth Bancorpation's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=96.497/1253.967
=0.08

* 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.


Grandsouth Bancorpation  (OTCPK:GRRB) 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%.


Grandsouth Bancorpation Equity-to-Asset Related Terms

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


Grandsouth Bancorpation (Grandsouth Bancorpation) Business Description

Traded in Other Exchanges
N/A
Address
381 Halton Road, P.O. Box 6548, Greenville, SC, USA, 29607
Grandsouth Bancorpation is a bank holding company for the GrandSouth Bank. The bank provides full banking services to its customers including personal banking, business banking, and lending services. It operates in two reportable segments, The Core Bank segment consists of commercial and consumer lending and full-service branches in its geographic region with its own management team. The branches provide a full range of traditional banking products as well as treasury services and merchant services. The CarBucks segment consists of specialty floor plan inventory financing for small automobile dealers.
Executives
Howard Samuel Hunter Jr director 381 HALTON ROAD, GREENVILLE SC 29607
Gross Baety O Jr director 381 HALTON RD., GREENVILLE SC 29607
Harold E Garrett director 381 HALTON ROAD, GREENVILLE SC 29607
Shealy John W Jr director 381 HALTON ROAD, GREENVILLE SC 29607
James B Schwiers director, officer: President & COO 381 HALTON RD., GREENVILLE SC 29607
John Garrett director, officer: CFO 1600 WYNKOOP SUITE 300, DENVER CO 80202
Leeann Weber director 381 HALTON ROAD, GREENVILLE SC 29607
Anthony P Morgan director 381 HALTON ROAD, GREENVILLE SC 29607
Rast Edward M Jr director 381 HALTON ROAD, GREENVILLE SC 29607
Pruitt James Calhoun Jr. director 381 HALTON ROAD, GREENVILLE SC 29607
Mason Y Garrett director, 10 percent owner, officer: Chairman and CEO 381 HALTON ROAD, GREENVILLE SC 29606
J Randolph Potter director 381 HALTON RD., GREENVILLE SC 29607
Ronald K Earnest director, officer: President and COO 802 SOUTH ALMOND STREET, SIMPSONVILLE SC 29681
Phillips Samuel Blanton Iii director 204 BRUCE MEADOW ROAD, SIMPSONVILLE SC 29681
Michael L Gault director 381 HALTON RD., GREENVILLE SC 29607