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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sun Communities's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7,083 Mil. Sun Communities's Total Assets for the quarter that ended in Dec. 2023 was $16,941 Mil. Therefore, Sun Communities's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.42.
The historical rank and industry rank for Sun Communities's Equity-to-Asset or its related term are showing as below:
During the past 13 years, the highest Equity to Asset Ratio of Sun Communities was 0.49. The lowest was 0.30. And the median was 0.44.
The historical data trend for Sun Communities'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.
Sun Communities Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Equity-to-Asset | Get a 7-Day Free Trial | 0.49 | 0.49 | 0.49 | 0.46 | 0.42 |
Sun Communities Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Equity-to-Asset | Get a 7-Day Free Trial | 0.46 | 0.44 | 0.44 | 0.44 | 0.42 |
For the REIT - Residential subindustry, Sun Communities'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.
For the REITs industry and Real Estate sector, Sun Communities's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Sun Communities's Equity-to-Asset falls into.
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.
Sun Communities'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 |
= | 7082.8 | / | 16940.7 | |
= | 0.42 |
Sun Communities'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 |
= | 7082.8 | / | 16940.7 | |
= | 0.42 |
* 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.
Sun Communities (NYSE:SUI) 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%.
Thank you for viewing the detailed overview of Sun Communities's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Baxter Underwood | officer: CEO - Safe Harbor Marinas, LLC | 14785 PRESTON RD, 9TH FLOOR, DALLAS TX 75254 |
Marc Farrugia | officer: EVP & Chief Admin. Officer | 27777 FRANKLIN RD., SUITE 200, SOUTHFIELD MI 48034 |
Jeff Blau | director | |
Bruce Thelen | officer: EVP | 27777 FRANKLIN RD., STE. 200, SOUTHFIEL MI 48034 |
Clunet R Lewis | director | 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034 |
Fernando Castro-caratini | officer: EVP, CFO, Sec. & Treas. | 27777 FRANKLIN RD., SUITE 200, SOUTHFIELD MI 48034 |
John Bandini Mclaren | officer: EVP & CFO | 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034 |
Stephanie W Bergeron | director | 27777 FRANKLIN ROAD, STE 200, SUN COMMUNITIES, INC, SOUTHFIELD MI 48034 |
Aaron Weiss | officer: EVP, Corp. Strat. & Bus. Dev. | 27777 FRANKLIN RD., SUITE 200, SOUTHFIELD MI 48034 |
Gary A Shiffman | director, officer: Chrmn and CEO | 27777 FRANKLIN ROAD, STE 200, SOUTHFIELD MI 48034 |
Karen Dearing | officer: EVP, CFO, Sec. & Treasurer | 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034 |
Tonya Allen | director | 2777 FRANKLIN RD., STE. 200, SOUTHFIELD MI 48034 |
Ronald A Klein | director | 235 EAST MAIN STREET, MIDLAND MI 48640 |
Jonathan Colman | officer: EVP | 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034 |
Brian M Hermelin | director | 2064 D STREET, BELLEVILLE MI 48111 |
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