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General American Investors Company (General American Investors Company) Equity-to-Asset : 0.99 (As of Dec. 2023)


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What is General American Investors Company Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. General American Investors Company's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,423.1 Mil. General American Investors Company's Total Assets for the quarter that ended in Dec. 2023 was $1,444.4 Mil. Therefore, General American Investors Company's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.99.

The historical rank and industry rank for General American Investors Company's Equity-to-Asset or its related term are showing as below:

GAM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.83   Med: 0.98   Max: 0.99
Current: 0.99

During the past 8 years, the highest Equity to Asset Ratio of General American Investors Company was 0.99. The lowest was 0.83. And the median was 0.98.

GAM's Equity-to-Asset is ranked better than
90.34% of 1729 companies
in the Asset Management industry
Industry Median: 0.83 vs GAM: 0.99

General American Investors Company Equity-to-Asset Historical Data

The historical data trend for General American Investors Company'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.

General American Investors Company Equity-to-Asset Chart

General American Investors Company Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.98 0.98 0.98 0.83 0.99

General American Investors Company Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.98 0.98 0.83 0.99 0.99

Competitive Comparison of General American Investors Company's Equity-to-Asset

For the Asset Management subindustry, General American Investors Company'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.


General American Investors Company's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, General American Investors Company's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where General American Investors Company's Equity-to-Asset falls into.



General American Investors Company 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.

General American Investors Company's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1423.071/1444.391
=0.99

General American Investors Company's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1423.071/1444.391
=0.99

* 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.


General American Investors Company  (NYSE:GAM) 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%.


General American Investors Company Equity-to-Asset Related Terms

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General American Investors Company (General American Investors Company) Business Description

Traded in Other Exchanges
N/A
Address
530 Fifth Avenue, 26th Floor, New York, NY, USA, 10036
General American Investors Company Inc is a closed-end, diversified management investment company. The primary investment objective of the company is long-term capital appreciation through investment in companies with above-average growth potential. It focuses on equity securities with growth potential at reasonable valuations.
Executives
Anang K. Majmudar officer: Vice-President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Jeffrey W Priest officer: President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Eugene S Stark officer: Vice-President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Savannah Sachs director 530 FIFTH AVE, 26TH FL, NEW YORK NY 10036
Rodney B Berens director C/O KEYSTONE PROPERTY TRUST, 200 FOUR FALLS CORP. CENTER SUITE 208, WEST CONSHOHOCKEN PA 19428
Liron Kronzon officer: Vice-President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26 FL, NEW YORK NY 10036
Samantha X. Jin officer: Treasurer 530 FIFTH AVE 26TH FLOOR, NEW YORK NY 10036
Santa Maria Connie A. officer: Assistant Corporate Secretary GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE 26TH FLOOR, NEW YORK NY 10036
Spencer Davidson director, officer: President & CEO GENERAL AMERICAN INVESTORS CO INC, 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Trust F B O Altschul Emily H U A D 1 9 67 officer: Trustee/President & CEO - GAM
Trust Fbo Altschul Serena Uad 12 15 72 officer: Trustee/President & CEO - GAM C/O OVERBROOK MANAGEMENT CORP, 122 EAST 42ND STREET SUITE 2500, NEW YORK NY 10168-2500
Trust F B O Altschul Stephen F U A D 10 22 58 officer: Trustee/Pres. & CEO - GAM
Rose Peabody Lynch director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Altschul Arthur G Jr director C/O OVERBROOK MANAGEMENT CORP, 122 E. 42ND STREET, SUITE 2500, NEW YORK NY 10168
Trust Fbo Serena Vr Altschul Uad 5/22/71 other: Trustee is a GAM Director C/O OVERBROOK MANAGEMENT CORP, 122 EAST 42ND STREET SUITE 2500, NEW YORK NY 10168-2500

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