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G-Resources Group (G-Resources Group) Equity-to-Asset : 0.98 (As of Dec. 2023)


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What is G-Resources Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. G-Resources Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,536.80 Mil. G-Resources Group's Total Assets for the quarter that ended in Dec. 2023 was $1,568.24 Mil. Therefore, G-Resources Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.98.

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

GGPXF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.9   Med: 0.96   Max: 0.99
Current: 0.98

During the past 13 years, the highest Equity to Asset Ratio of G-Resources Group was 0.99. The lowest was 0.90. And the median was 0.96.

GGPXF's Equity-to-Asset is ranked better than
81.18% of 1727 companies
in the Asset Management industry
Industry Median: 0.83 vs GGPXF: 0.98

G-Resources Group Equity-to-Asset Historical Data

The historical data trend for G-Resources 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.

G-Resources Group Equity-to-Asset Chart

G-Resources Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.96 0.97 0.96 0.98

G-Resources Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 0.96 0.96 0.97 0.98

Competitive Comparison of G-Resources Group's Equity-to-Asset

For the Asset Management subindustry, G-Resources 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.


G-Resources Group's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, G-Resources Group's Equity-to-Asset distribution charts can be found below:

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



G-Resources 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.

G-Resources Group'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
=1536.795/1568.243
=0.98

G-Resources Group'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
=1536.795/1568.243
=0.98

* 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.


G-Resources Group  (OTCPK:GGPXF) 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%.


G-Resources Group Equity-to-Asset Related Terms

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G-Resources Group (G-Resources Group) Business Description

Traded in Other Exchanges
Address
No. 151 Gloucester Road, Room 1801, 18th Floor, Capital Centre, Wanchai, Hong Kong, HKG
G-Resources Group Ltd is an investment and financial services company. The company is split across three segments: Principal investment business, Financial services business, and Real property business. The Principal investment business which derives majority revenue invests in listed and unlisted financial securities, including shares, bonds, and managed investments. The Financial services business generates revenue primarily from interest from money lending operations, and partly from commission income from financial services provided. The Real property business invests in Hong Kong commercial property and derives income through rent.

G-Resources Group (G-Resources Group) Headlines