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Empire State Realty Trust (Empire State Realty Trust) Equity-to-Asset : 0.23 (As of Dec. 2023)


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What is Empire State Realty Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Empire State Realty Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $985.5 Mil. Empire State Realty Trust's Total Assets for the quarter that ended in Dec. 2023 was $4,219.3 Mil. Therefore, Empire State Realty Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.23.

The historical rank and industry rank for Empire State Realty Trust's Equity-to-Asset or its related term are showing as below:

ESRT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.24   Max: 0.41
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of Empire State Realty Trust was 0.41. The lowest was 0.14. And the median was 0.24.

ESRT's Equity-to-Asset is ranked worse than
78.68% of 863 companies
in the REITs industry
Industry Median: 0.57 vs ESRT: 0.41

Empire State Realty Trust Equity-to-Asset Historical Data

The historical data trend for Empire State Realty Trust'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.

Empire State Realty Trust Equity-to-Asset Chart

Empire State Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.25 0.23 0.23 0.23

Empire State Realty Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.24 0.24 0.24 0.23 0.41

Competitive Comparison of Empire State Realty Trust's Equity-to-Asset

For the REIT - Diversified subindustry, Empire State Realty Trust'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.


Empire State Realty Trust's Equity-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Empire State Realty Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Empire State Realty Trust's Equity-to-Asset falls into.



Empire State Realty Trust 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.

Empire State Realty Trust'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
=985.518/4219.333
=0.23

Empire State Realty Trust'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
=985.518/4219.333
=0.23

* 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.


Empire State Realty Trust  (NYSE:ESRT) 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%.


Empire State Realty Trust Equity-to-Asset Related Terms

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


Empire State Realty Trust (Empire State Realty Trust) Business Description

Traded in Other Exchanges
Address
111 West 33rd Street, 12th Floor, New York, NY, USA, 10120
Empire State Realty Trust operates as a pure-play greater New York and Manhattan-focused REIT, featuring its landmark Empire State Building office and observation deck. The company owns and operates around 9.4 million square feet of office space, about 80% of which is located in Manhattan.
Executives
Hannah Y Yang director C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, 12TH FLOOR, NEW YORK NY 10120
Tassell Christina Van director C/O 111 RIVER STREET, HOBOKEN NJ 07030
Stephen Horn officer: Chief Accounting Officer 255 WEST 94TH STREET, NEW YORK NY 10025
Grant Hill director 121 ORANGE AVE, SUITE 1500, ORLANDO FL 32801
Robert Paige Hood director C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, 12TH FLOOR, NEW YORK NY 10120
Christina Chiu officer: EVP and CFO C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, 12TH FLOOR, NEW YORK NY 10120
Patricia Han director 600 OFFICE CENTER DRIVE, FORT WASHINGTON PA 19034
David A Karp director, officer: EVP and CFO C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, NEW YORK NY 10120
Quark Holding Llc 10 percent owner P.O. BOX 23224 OOREDOO TOWER, DIPLOMATIC AREA STREET, WEST BAY, DOHA S3 S3
Thomas J Derosa director C/O WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Salvatore Michael Giliberto director C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, 12TH FLOOR, NEW YORK NY 10120
Steven J Gilbert director 540 MADISON AVE, 40TH FL, NEW YORK NY 10022
Robinson James D Iv director 130 EAST 59TH STREET, NEW YORK NY 10022
William H Berkman director 650 MADISON AVE, 25TH FL, NEW YORK NY 10022
Leslie D. Biddle director 111 WEST 33RD STREET 12TH FLOOR, NEW YORK NY 10120