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Galadari Hotels (Lanka) (COL:GHLL.N0000) Equity-to-Asset : 0.77 (As of Sep. 2023)


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What is Galadari Hotels (Lanka) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Galadari Hotels (Lanka)'s Total Stockholders Equity for the quarter that ended in Sep. 2023 was රු8,169 Mil. Galadari Hotels (Lanka)'s Total Assets for the quarter that ended in Sep. 2023 was රු10,679 Mil. Therefore, Galadari Hotels (Lanka)'s Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.77.

The historical rank and industry rank for Galadari Hotels (Lanka)'s Equity-to-Asset or its related term are showing as below:

COL:GHLL.N0000' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.76   Med: 0.91   Max: 0.93
Current: 0.77

During the past 13 years, the highest Equity to Asset Ratio of Galadari Hotels (Lanka) was 0.93. The lowest was 0.76. And the median was 0.91.

COL:GHLL.N0000's Equity-to-Asset is ranked better than
84.92% of 842 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs COL:GHLL.N0000: 0.77

Galadari Hotels (Lanka) Equity-to-Asset Historical Data

The historical data trend for Galadari Hotels (Lanka)'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.

Galadari Hotels (Lanka) Equity-to-Asset Chart

Galadari Hotels (Lanka) Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.91 0.88 0.87 0.77

Galadari Hotels (Lanka) Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.86 0.77 0.76 0.76 0.77

Competitive Comparison of Galadari Hotels (Lanka)'s Equity-to-Asset

For the Lodging subindustry, Galadari Hotels (Lanka)'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.


Galadari Hotels (Lanka)'s Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Galadari Hotels (Lanka)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Galadari Hotels (Lanka)'s Equity-to-Asset falls into.



Galadari Hotels (Lanka) 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.

Galadari Hotels (Lanka)'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
=8103.265/10535.31
=0.77

Galadari Hotels (Lanka)'s Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=8169.155/10679.156
=0.76

* 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.


Galadari Hotels (Lanka)  (COL:GHLL.N0000) 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%.


Galadari Hotels (Lanka) Equity-to-Asset Related Terms

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


Galadari Hotels (Lanka) (COL:GHLL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 64, Lotus Road, Colombo, LKA, 01
Galadari Hotels (Lanka) PLC is involved in the lodging business sector. The principal activity of the company is hoteliering. In terms of revenue, the organization generates income from the sale of rooms and sale of food and beverages. The Food and Beverage sales generate maximum revenue for the company. The hotel provides its services for dining, wedding, accommodation, and meetings. Its service only caters to the Sri Lankan market.

Galadari Hotels (Lanka) (COL:GHLL.N0000) Headlines

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