Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Glatfelter's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $257 Mil. Glatfelter's Total Assets for the quarter that ended in Dec. 2023 was $1,564 Mil.
Therefore, Glatfelter's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.16.
The historical rank and industry rank for Glatfelter's Equity-to-Asset or its related term are showing as below:
GLT'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16 Med: 0.41 Max: 0.45
Current: 0.16
During the past 13 years, the highest Equity to Asset Ratio of Glatfelter was 0.45. The lowest was 0.16. And the median was 0.41.
GLT's Equity-to-Asset is ranked worse than 92.2% of 295
companies
in the Forest Products industry
Industry Median: 0.55
vs GLT: 0.16
Glatfelter Equity-to-Asset Historical Data
The historical data trend for Glatfelter'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.
For the Paper & Paper Products subindustry, Glatfelter'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.
Glatfelter Equity-to-Asset Distribution
For the Forest Products industry and Basic Materials sector, Glatfelter's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Glatfelter's Equity-to-Asset falls into.
Glatfelter 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.
Glatfelter's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Glatfelter (NYSE:GLT) 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%.
Glatfelter Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Glatfelter's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Glatfelter Corporation manufactures and sells a variety of paper and fiber products. The company operates through two segments: Composite Fibers and Airlaid Materials. The Composite Fibers segment produces materials used in coffee and tea filtration, wallcovering, consumer product, and fiber-based applications for commercial and industrial use. The Airlaid Materials segment produces materials used in feminine hygiene, specialty wipes, tabletop, home care, and other consumables. The majority of the company's manufacturing facilities are located in North America and Europe, and it has sales and distribution offices in Russia, Italy, China, and the United States. Products are sold worldwide, with most of its revenue coming from Europe, the United States, and Canada.
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