GigaCloud Technology (GigaCloud Technology) Equity-to-Asset : 0.34 (As of Dec. 2023)

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What is GigaCloud Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GigaCloud Technology's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $290.4 Mil. GigaCloud Technology's Total Assets for the quarter that ended in Dec. 2023 was $846.9 Mil. Therefore, GigaCloud Technology's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.34.

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

GCT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34 Med: 0.55 Max: 0.67
Current: 0.34

During the past 5 years, the highest Equity to Asset Ratio of GigaCloud Technology was 0.67. The lowest was 0.34. And the median was 0.55.

GCT's Equity-to-Asset is ranked worse than
72.87% of 2849 companies
in the Software industry
Industry Median: 0.54 vs GCT: 0.34

GigaCloud Technology Equity-to-Asset Historical Data

The historical data trend for GigaCloud Technology'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.

GigaCloud Technology Equity-to-Asset Chart

GigaCloud Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.63

0.67

0.47

0.34

GigaCloud Technology Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial									0.47	0.48	0.51	0.48	0.34

Competitive Comparison of GigaCloud Technology's Equity-to-Asset

For the Software - Infrastructure subindustry, GigaCloud Technology'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.

GigaCloud Technology's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, GigaCloud Technology's Equity-to-Asset distribution charts can be found below:

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

GigaCloud Technology 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.

GigaCloud Technology'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
	=	290.416	/	846.909
	=	0.34

GigaCloud Technology'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
	=	290.416	/	846.909
	=	0.34

GigaCloud Technology (NAS:GCT) 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%.

GigaCloud Technology Equity-to-Asset Related Terms

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

GigaCloud Technology (GigaCloud Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GigaCloud Technology Inc (NAS:GCT) » Definitions » Equity-to-Asset

Comparable Companies

CCSI IIIV LVOX SCWX NN OSPN STEM CGNT BAND CORZQ MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

N/A

Address

24-30 Ice House Street, Unit A, 12th Floor, Shun Ho Tower, Central, Hong Kong, HKG

Website

https://www.gigacloudtech.com

GigaCloud Technology Inc end-to-end B2B e-commerce solutions for large parcel merchandise. Its B2B e-commerce platform, which refers to as the GigaCloud Marketplace, integrates everything from discovery, payments, and logistics tools into one easy-to-use platform. It offers online and offline integrated cross-border transaction and delivery services for furniture and large merchandise. Its marketplace seamlessly connects manufacturers in Asia, with resellers in the U.S., Asia, and Europe, to execute cross-border transactions with confidence, speed, and efficiency. It offers a truly comprehensive solution that transports products from the manufacturer's warehouse to end customers, all at one fixed price.