Global Tech Industries Group (Global Tech Industries Group) Equity-to-Asset : -5.53 (As of Dec. 2023)

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

What is Global Tech Industries Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Global Tech Industries Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-7.06 Mil. Global Tech Industries Group's Total Assets for the quarter that ended in Dec. 2023 was $1.28 Mil.

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

GTII' s Equity-to-Asset Range Over the Past 10 Years
Min: -126.8 Med: -12.25 Max: 0.52
Current: -5.53

During the past 13 years, the highest Equity to Asset Ratio of Global Tech Industries Group was 0.52. The lowest was -126.80. And the median was -12.25.

GTII's Equity-to-Asset is ranked worse than
99.44% of 534 companies
in the Conglomerates industry
Industry Median: 0.44 vs GTII: -5.53

Global Tech Industries Group Equity-to-Asset Historical Data

The historical data trend for Global Tech Industries 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.

Global Tech Industries Group Equity-to-Asset Chart

Global Tech Industries Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

Get a 7-Day Free Trial

-126.80

-6.85

0.22

0.52

-5.53

Global Tech Industries Group 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															0.52	0.48	0.45	0.57	-5.53

Competitive Comparison of Global Tech Industries Group's Equity-to-Asset

For the Conglomerates subindustry, Global Tech Industries 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.

Global Tech Industries Group's Equity-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Global Tech Industries Group's Equity-to-Asset distribution charts can be found below:

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

Global Tech Industries 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.

Global Tech Industries 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
	=	-7.057	/	1.276
	=

Global Tech Industries 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
	=	-7.057	/	1.276
	=

Global Tech Industries Group (OTCPK:GTII) 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%.

Global Tech Industries Group Equity-to-Asset Related Terms

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

Global Tech Industries Group (Global Tech Industries Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Global Tech Industries Group Inc (OTCPK:GTII) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

511 Sixth Avenue, Suite 800, New York, NY, USA, 10011

Website

https://www.gtii-us.com

Global Tech Industries Group Inc currently has no operations. It is seeking opportunities to utilize its intellectual properties and relationships with valued business associates.

Executives

David I Reichman	director, officer: CEO and President	511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011
Frank Benintendo	director	11 SEAMAN COURT, OLD BRIDGE NJ 08857
Don Harold Gilbert	director	PO BOX 090122, STATEN ISLAND NY 10309
Kathy M Griffin	director, officer: President	98 BLACK ROCK DRIVE, HINGHAM MA 02043
Global Tech Industries Group, Inc.	director, 10 percent owner, officer: Chief Executive Officer	511 SIXTH AVENUE, SUITE 800, NEW YORK NY 10011
Tree Top Industries, Inc. Profit Sharing Plan Trust	other: Employee Trust	40 CENTRAL PARK SOUTH, 8H, NEW YORK NY 10019
Robert Hantman	director	511 SIXTH AVENUE, SUITE 800, NEW YORK NY 10011
Michael Valle	director	511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011
L G Davis	10 percent owner	511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011
Justine Reichman	10 percent owner	511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011
Trisha Woods	10 percent owner, officer: President of Wholly-Owned Sub.	1041 N. FORMOSA AVE., WRITERS' BLDG 2 & 3, WEST HOLLYWOOD CA 90046
James Black	10 percent owner	1041 N. FORMOSA AVE., WRITERS' BLDG 2 & 3, WEST HOLLYWOOD CA 90046