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RAM Essential Services Property Fund (ASX:REP) Equity-to-Asset : 0.31 (As of Dec. 2023)


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What is RAM Essential Services Property Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. RAM Essential Services Property Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$237.97 Mil. RAM Essential Services Property Fund's Total Assets for the quarter that ended in Dec. 2023 was A$781.50 Mil. Therefore, RAM Essential Services Property Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.31.

The historical rank and industry rank for RAM Essential Services Property Fund's Equity-to-Asset or its related term are showing as below:

ASX:REP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.33   Max: 0.34
Current: 0.31

During the past 2 years, the highest Equity to Asset Ratio of RAM Essential Services Property Fund was 0.34. The lowest was 0.31. And the median was 0.33.

ASX:REP's Equity-to-Asset is ranked worse than
90.61% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs ASX:REP: 0.31

RAM Essential Services Property Fund Equity-to-Asset Historical Data

The historical data trend for RAM Essential Services Property Fund'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.

RAM Essential Services Property Fund Equity-to-Asset Chart

RAM Essential Services Property Fund Annual Data
Trend Jun22 Jun23
Equity-to-Asset
0.34 0.31

RAM Essential Services Property Fund Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset 0.34 0.34 0.33 0.31 0.31

Competitive Comparison of RAM Essential Services Property Fund's Equity-to-Asset

For the Asset Management subindustry, RAM Essential Services Property Fund'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.


RAM Essential Services Property Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RAM Essential Services Property Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where RAM Essential Services Property Fund's Equity-to-Asset falls into.



RAM Essential Services Property Fund 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.

RAM Essential Services Property Fund's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=250.6/816.831
=0.31

RAM Essential Services Property Fund'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
=237.972/781.498
=0.30

* 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.


RAM Essential Services Property Fund  (ASX:REP) 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%.


RAM Essential Services Property Fund Equity-to-Asset Related Terms

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


RAM Essential Services Property Fund (ASX:REP) Business Description

Traded in Other Exchanges
N/A
Address
Australia Square 264 George Street, Suite 3201, Level 32, Sydney, NSW, AUS, 2000
RAM Essential Services Property Fund invests in high-quality Australian medical and essential retail real estate assets, leased to essential services tenants. Its objective is to provide investors with stable and secure income with the potential for both income and capital growth through exposure to high quality, defensive portfolio of assets with favourable sector trends.

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