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Genuine Parts Co (Genuine Parts Co) Equity-to-Asset

: 0.25 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Genuine Parts Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4,401 Mil. Genuine Parts Co's Total Assets for the quarter that ended in Dec. 2023 was $17,968 Mil. Therefore, Genuine Parts Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.25.

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

GPC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.26   Max: 0.4
Current: 0.25

During the past 13 years, the highest Equity to Asset Ratio of Genuine Parts Co was 0.40. The lowest was 0.23. And the median was 0.26.

GPC's Equity-to-Asset is ranked worse than
78.32% of 1116 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs GPC: 0.25

Genuine Parts Co Equity-to-Asset Historical Data

The historical data trend for Genuine Parts Co'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.

Genuine Parts Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.24 0.24 0.23 0.25

Genuine Parts Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.23 0.23 0.24 0.25 0.25

Competitive Comparison

For the Specialty Retail subindustry, Genuine Parts Co'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.


Genuine Parts Co Equity-to-Asset Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Genuine Parts Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Genuine Parts Co's Equity-to-Asset falls into.



Genuine Parts Co 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.

Genuine Parts Co'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
=4401.047/17968.454
=0.24

Genuine Parts Co'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
=4401.047/17968.454
=0.24

* 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.


Genuine Parts Co  (NYSE:GPC) 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%.


Genuine Parts Co Equity-to-Asset Related Terms

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


Genuine Parts Co (Genuine Parts Co) Business Description

Traded in Other Exchanges
Address
2999 Wildwood Parkway, Atlanta, GA, USA, 30339
Genuine Parts sells automotive parts (nearly two thirds of net sales) and industrial components. The company sells car and truck parts to commercial and retail customers through roughly 9,800 stores worldwide, most of which are independently owned. Its industrial unit, primarily operating under the Motion Industries banner in the United States, supplies bearings, power transmission, industrial automation, hydraulic, and pneumatic components to maintenance, repair, and original equipment manufacturer clients.
Executives
Gary P Fayard director ONE COCA COLA PLAZA, ATLANTA GA 30313
John D Johns director PO BOX 2606, BIRMINGHAM AL 35202
Juliette Williams Pryor director 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
John R Holder director 999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
Donna Westbrook Hyland director 3344 PEACHTREE ROAD NE STE 1800, ATLANTA GA 30326
Paul Russell Hardin director 2999 WILDWOOD PARKWAY SE, ATLANTA GA 30339
Richard Jr Cox director 2999 WILDWOOD PARKWAY, ATLANTA GA 30339
Paul D Donahue director, officer: Chairman and CEO 214 N TRYON STREET, CHARLOTTE NC 28202
Loudermilk Robert C Jr director 309 E. PACES FERRY RD N.E., ATLANTA GA 30305-2377
Darren M Rebelez director 1722 ROUTH STREET, SUITE 1000, DALLAS TX 75201-2502
Randall P Breaux officer: Group President, GPC N.A. 5711 R S BOREHAM JR ST, P O BOX 2400, FORT SMITH AR 72902
Naveen Krishna officer: EVP, CIDO 2999 WILDWOOD PKWY, ATLANTA GA 30339
Wendy B Needham director 2999 CIRCLE 75 PRKWAY, ATLANTA GA 30339
Christopher T Galla officer: SVP and General Counsel 2999 WILDWOOD PKWY, ATLANTA GA 30339
Wood E Jenner Iii director SUNTRUST BANKS INC, P O BOX 4418 MC643, ATLANTA GA 30302

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