Regional Express Holdings (ASX:REX) Equity-to-Asset : 0.21 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Regional Express Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Regional Express Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$156.4 Mil. Regional Express Holdings's Total Assets for the quarter that ended in Dec. 2023 was A$737.2 Mil. Therefore, Regional Express Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.21.

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

ASX:REX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21 Med: 0.69 Max: 0.76
Current: 0.21

During the past 13 years, the highest Equity to Asset Ratio of Regional Express Holdings was 0.76. The lowest was 0.21. And the median was 0.69.

ASX:REX's Equity-to-Asset is ranked worse than
84.17% of 979 companies
in the Transportation industry
Industry Median: 0.49 vs ASX:REX: 0.21

Regional Express Holdings Equity-to-Asset Historical Data

The historical data trend for Regional Express Holdings'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.

Regional Express Holdings Equity-to-Asset Chart

Regional Express Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

Get a 7-Day Free Trial

0.75

0.69

0.42

0.31

0.25

Regional Express Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.33	0.31	0.21	0.25	0.21

Competitive Comparison of Regional Express Holdings's Equity-to-Asset

For the Airlines subindustry, Regional Express Holdings'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.

Regional Express Holdings's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Regional Express Holdings's Equity-to-Asset distribution charts can be found below:

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

Regional Express Holdings 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.

Regional Express Holdings'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
	=	161.454	/	652.673
	=	0.25

Regional Express Holdings'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
	=	156.385	/	737.161
	=	0.21

Regional Express Holdings (ASX:REX) 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%.

Regional Express Holdings Equity-to-Asset Related Terms

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

Regional Express Holdings (ASX:REX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Regional Express Holdings Ltd (ASX:REX) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

81-83 Baxter Road, Mascot, Sydney, NSW, AUS, 2020

Website

https://www.rex.com.au

Regional Express Holdings Ltd is an Australian-based airline company. The company is engaged in the provision of air services for the transportation of passengers and freight. Its operating segment includes Regular public transport, Charter and other, and Training. The company generates maximum revenue from the Regular public transport segment. Some of its services include Web Check-in; Print Invoices; Safe Hand Baggage; Travel Insurance and others.