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Equites Property Fund (JSE:EQU) Equity-to-Asset : 0.44 (As of Aug. 2023)


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What is Equites Property Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Equites Property Fund's Total Stockholders Equity for the quarter that ended in Aug. 2023 was R13,078 Mil. Equites Property Fund's Total Assets for the quarter that ended in Aug. 2023 was R29,910 Mil. Therefore, Equites Property Fund's Equity to Asset Ratio for the quarter that ended in Aug. 2023 was 0.44.

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

JSE:EQU' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.64   Max: 0.9
Current: 0.44

During the past 9 years, the highest Equity to Asset Ratio of Equites Property Fund was 0.90. The lowest was 0.44. And the median was 0.64.

JSE:EQU's Equity-to-Asset is ranked worse than
74.45% of 857 companies
in the REITs industry
Industry Median: 0.57 vs JSE:EQU: 0.44

Equites Property Fund Equity-to-Asset Historical Data

The historical data trend for Equites 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.

Equites Property Fund Equity-to-Asset Chart

Equites Property Fund Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.70 0.64 0.52 0.52 0.45

Equites Property Fund Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 0.55 0.52 0.52 0.45 0.44

Competitive Comparison of Equites Property Fund's Equity-to-Asset

For the REIT - Industrial subindustry, Equites 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.


Equites Property Fund's Equity-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Equites Property Fund's Equity-to-Asset distribution charts can be found below:

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



Equites 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.

Equites Property Fund's Equity to Asset Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Equity to Asset (A: Feb. 2023 )=Total Stockholders Equity/Total Assets
=12887.563/28545.256
=0.45

Equites Property Fund's Equity to Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

Equity to Asset (Q: Aug. 2023 )=Total Stockholders Equity/Total Assets
=13078.128/29909.88
=0.44

* 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.


Equites Property Fund  (JSE:EQU) 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%.


Equites Property Fund Equity-to-Asset Related Terms

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


Equites Property Fund (JSE:EQU) Business Description

Traded in Other Exchanges
N/A
Address
4 Bree Street, 14th Floor, Portside Towers, Cape Town, WC, ZAF, 8001
Equites Property Fund Ltd is a real estate investment trust based in South Africa. It is engaged in the investment in and development of commercial properties in the industrial sector. The group has assessed its operations and determined its segments in line with the clear geographic distinction between South Africa and the United Kingdom. SA Industrial segment generates the revenue.

Equites Property Fund (JSE:EQU) Headlines

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