Greencore Group (Greencore Group) Equity-to-Asset : 0.35 (As of Sep. 2023)

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

What is Greencore Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Greencore Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $569 Mil. Greencore Group's Total Assets for the quarter that ended in Sep. 2023 was $1,606 Mil. Therefore, Greencore Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.35.

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

GNCGY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19 Med: 0.31 Max: 0.35
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Greencore Group was 0.35. The lowest was 0.19. And the median was 0.31.

GNCGY's Equity-to-Asset is ranked worse than
74.62% of 1915 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs GNCGY: 0.35

Greencore Group Equity-to-Asset Historical Data

The historical data trend for Greencore 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.

Greencore Group Equity-to-Asset Chart

Greencore Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Equity-to-Asset

Get a 7-Day Free Trial

0.22

0.19

0.33

0.35

Greencore Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial															0.33	0.35	0.35	0.33	0.35

Competitive Comparison of Greencore Group's Equity-to-Asset

For the Packaged Foods subindustry, Greencore 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.

Greencore Group's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Greencore Group's Equity-to-Asset distribution charts can be found below:

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

Greencore 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.

Greencore Group's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	569.059	/	1606.064
	=	0.35

Greencore Group'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
	=	569.059	/	1606.064
	=	0.35

Greencore Group (OTCPK:GNCGY) 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%.

Greencore Group Equity-to-Asset Related Terms

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

Greencore Group (Greencore Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Greencore Group PLC (OTCPK:GNCGY) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

GNCGF:USA GNCl:UK GNC:UK GCG:Germany

Address

No. 2 Northwood Avenue, Northwood Business Park, Santry, Dublin, IRL, D09 X5N9

Website

http://www.greencore.com

Greencore Group PLC is a convenience food manufacturer that supplies chilled and frozen food to customers based in U.K. and the U.S. The company's operating business segment is Convenience Foods UK & Ireland. The UK Convenience Food categories including sandwiches, sushi, salads, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, frozen Yorkshire Puddings and cakes and desserts categories as well as the Irish Ingredients trading business.