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GrowGeneration (GrowGeneration) Equity-to-Asset : 0.73 (As of Dec. 2023)


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What is GrowGeneration Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GrowGeneration's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $173.4 Mil. GrowGeneration's Total Assets for the quarter that ended in Dec. 2023 was $239.1 Mil. Therefore, GrowGeneration's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.73.

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

GRWG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.73   Med: 0.81   Max: 0.89
Current: 0.73

During the past 9 years, the highest Equity to Asset Ratio of GrowGeneration was 0.89. The lowest was 0.73. And the median was 0.81.

GRWG's Equity-to-Asset is ranked better than
85.46% of 1114 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs GRWG: 0.73

GrowGeneration Equity-to-Asset Historical Data

The historical data trend for GrowGeneration'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.

GrowGeneration Equity-to-Asset Chart

GrowGeneration Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.74 0.89 0.81 0.74 0.73

GrowGeneration 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 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 0.74 0.75 0.74 0.72 0.73

Competitive Comparison of GrowGeneration's Equity-to-Asset

For the Specialty Retail subindustry, GrowGeneration'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.


GrowGeneration's Equity-to-Asset Distribution in the Retail - Cyclical Industry

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

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



GrowGeneration 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.

GrowGeneration'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
=173.395/239.09
=0.73

GrowGeneration'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
=173.395/239.09
=0.73

* 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.


GrowGeneration  (NAS:GRWG) 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%.


GrowGeneration Equity-to-Asset Related Terms

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


GrowGeneration (GrowGeneration) Business Description

Traded in Other Exchanges
Address
5619 DTC Parkway, Suite 900, Greenwood Village, CO, USA, 80111
GrowGeneration Corp owns and operates specialty retail hydroponic and organic gardening stores. The firm is a marketer and distributor of nutrients, growing media, advanced indoor and greenhouse lighting, ventilation systems and accessories for hydroponic gardening. The Company has three reportable segments, including retail operations, e-commerce, and distribution and other.
Executives
Michael Salaman director, officer: President C/O GROWGENERATION CORP., 1000 WEST MISSISSIPPI AVENUE, DENVER CO 80223
Darren Lampert director, officer: CEO C/O GROWGENERATION CORP., 1000 WEST MISSISSIPPI AVENUE, DENVER CO 80233
Gregory Kevin Sanders officer: Chief Financial Officer 8770 ZIRCON WAY, ARVANDA CO 80007
Dennis Sheldon officer: See Remarks C/O GROWGENERATION CORP., 5619 DTC PARKWAY, SUITE 900, GREENWOOD VILLAGE CO 80111
Stephen Kozey officer: Secretary and VP of Legal C/O GROWGENERATION CORP., 5619 DTC PARKWAY, SUITE 900, GREENWOOD VILLAGE CO 80111
Eula L Adams director 9194 E. VASSAR AVE., DENVER CO 80231
Paul Rutenis officer: Chief Merchandise Officer 500 WESTRIDGE DRIVE, WATSONVILLE CA 95076
Stephen Aiello director 112 OAK AVE, KENTFIELD CA 94904-1561
Sean Stiefel director 28 REICHERT CIRCLE, WESTPORT CT 06880
Tony Sullivan officer: COO 8353 ARAPAHOE PEAK STREET, LITTLETON CO 80125
Jeff Lasher officer: CFO 500 WESTRIDGE DRIVE, WATSONVILLE CA 95076
Monty R Lamirato officer: CFO
Merida Capital Partners, Lp 10 percent owner 641 LEXINGTON AVENUE, 18TH FLOOR, NEW YORK NY 10022
Gotham Green Partners Llc 10 percent owner 1437 4TH STREET, SANTA MONICA CA 90401
Mitchell Baruchowitz 10 percent owner C/O MERIDA MERGER CORP. I, 641 LEXINGTON AVE, 18TH FLOOR, NEW YORK NY 10022