GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Genesis Electronics Group Inc (OTCPK:GEGI) » Definitions » Equity-to-Asset

Genesis Electronics Group (Genesis Electronics Group) Equity-to-Asset : 0.36 (As of Jun. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Genesis Electronics Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Genesis Electronics Group's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $1.43 Mil. Genesis Electronics Group's Total Assets for the quarter that ended in Jun. 2023 was $4.04 Mil.

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

GEGI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.36   Max: 0.36
Current: 0.36

During the past 7 years, the highest Equity to Asset Ratio of Genesis Electronics Group was 0.36. The lowest was 0.36. And the median was 0.36.

GEGI's Equity-to-Asset is ranked worse than
67.51% of 1311 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs GEGI: 0.36

Genesis Electronics Group Equity-to-Asset Historical Data

The historical data trend for Genesis Electronics Group'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.

Genesis Electronics Group Equity-to-Asset Chart

Genesis Electronics Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Equity-to-Asset
Get a 7-Day Free Trial -3.87 -0.81 -173.29 -4.15 -2.24

Genesis Electronics Group Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Jun22 Jun23
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 -13.02 -2.24 -2.80 - 0.36

Competitive Comparison of Genesis Electronics Group's Equity-to-Asset

For the Auto Manufacturers subindustry, Genesis Electronics Group'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.


Genesis Electronics Group's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Genesis Electronics Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Genesis Electronics Group's Equity-to-Asset falls into.



Genesis Electronics Group 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.

Genesis Electronics Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2010 is calculated as

Equity to Asset (A: Dec. 2010 )=Total Stockholders Equity/Total Assets
=-0.883/0.394
=-2.24

Genesis Electronics Group's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=1.434/4.044
=

* 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.


Genesis Electronics Group  (OTCPK:GEGI) 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%.


Genesis Electronics Group Equity-to-Asset Related Terms

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


Genesis Electronics Group (Genesis Electronics Group) Business Description

Traded in Other Exchanges
N/A
Address
26 S Rio Grande St No.2072, Salt lake, UT, USA, 84101
Genesis Electronics Group Inc, through Its wholly-owned subsidiary Glid, is building the first of Its kind autonomous road-to-rail shipping vehicles called Gliders. Gliders will enable fully-loaded semi-trailers access to rails where traditionally it didn't make sense. Genesis Electronics Group plans on owning and operating each Glider in its fleet and providing a "Glider-as-a-Service" business model.
Executives
Raymond F Purdon director 48 BROAD STREET #321, RED BANK NJ 07701
Joe J Puentes director, 10 percent owner, officer: president 3900 HOLLYWOOD BLVD #203, HOLLYWOOD FL 33021
Edward C Dillon director, 10 percent owner, officer: CEO 3900 HOLLYWOOD BLVD #203, HOLLYWOOD FL 33021
Nelson Stark director 3900 HOLLYWOOD BLVD. #203, HOLLYWOOD FL 33021
Bernard Gutman director 1950 S. OCEAN DR. 21 G, HALLANDALE BEACH FL 33009
Howard M Neu director 1152 N. UNIVERSITY DR. SUITE 201, PEMBROKE PINES FL 33024
Robert Petrocelli director 1920 EAST HALLANDALE BEACH BLVD., SUITE 100, HALLANDALE FL 33009

Genesis Electronics Group (Genesis Electronics Group) Headlines