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Vukile Property Fund (JSE:VKE) Equity-to-Asset : 0.53 (As of Sep. 2023)


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What is Vukile Property Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vukile Property Fund's Total Stockholders Equity for the quarter that ended in Sep. 2023 was R21,928 Mil. Vukile Property Fund's Total Assets for the quarter that ended in Sep. 2023 was R41,284 Mil. Therefore, Vukile Property Fund's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.53.

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

JSE:VKE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27   Med: 0.52   Max: 0.75
Current: 0.53

During the past 13 years, the highest Equity to Asset Ratio of Vukile Property Fund was 0.75. The lowest was 0.27. And the median was 0.52.

JSE:VKE's Equity-to-Asset is ranked worse than
57.04% of 859 companies
in the REITs industry
Industry Median: 0.57 vs JSE:VKE: 0.53

Vukile Property Fund Equity-to-Asset Historical Data

The historical data trend for Vukile 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.

Vukile Property Fund Equity-to-Asset Chart

Vukile Property Fund Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.44 0.48 0.51 0.50

Vukile Property Fund Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.48 0.51 0.50 0.50 0.53

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

For the REIT - Retail subindustry, Vukile 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.


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

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

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



Vukile 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.

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

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=20077/40076
=0.50

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

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=21928/41284
=0.53

* 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.


Vukile Property Fund  (JSE:VKE) 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%.


Vukile Property Fund Equity-to-Asset Related Terms

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


Vukile Property Fund (JSE:VKE) Business Description

Traded in Other Exchanges
Address
11 9th Street, 4th Floor, Houghton Estate, Johannesburg, GT, ZAF, 2198
Vukile Property Fund Ltd is a real estate company that owns property throughout South Africa. The company derives its revenue primarily from property leases. Retail properties, particularly shopping malls, represent more than half of Vukile's property portfolio. Offices, industrial buildings, and sovereign properties are also significant portfolio constituents. The majority of the company's tenants are large, listed national companies and major franchises, with the remainder comprising government and midsize to large professional firms.

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