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Taubman Centers (Taubman Centers) Equity-to-Asset : -0.02 (As of Sep. 2020)


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What is Taubman Centers Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Taubman Centers's Total Stockholders Equity for the quarter that ended in Sep. 2020 was $-96.7 Mil. Taubman Centers's Total Assets for the quarter that ended in Sep. 2020 was $4,579.6 Mil. Therefore, Taubman Centers's Equity to Asset Ratio for the quarter that ended in Sep. 2020 was -0.02.

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

TCO' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.15   Med: 0.07   Max: 0.99
Current: -0.02

During the past 13 years, the highest Equity to Asset Ratio of Taubman Centers was 0.99. The lowest was -0.15. And the median was 0.07.

TCO's Equity-to-Asset is not ranked
in the REITs industry.
Industry Median: 0.57 vs TCO: -0.02

Taubman Centers Equity-to-Asset Historical Data

The historical data trend for Taubman Centers'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.

Taubman Centers Equity-to-Asset Chart

Taubman Centers Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.02 0.01 -0.02 -

Taubman Centers Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 0.01 - -0.01 -0.02 -0.02

Competitive Comparison of Taubman Centers's Equity-to-Asset

For the REIT - Retail subindustry, Taubman Centers'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.


Taubman Centers's Equity-to-Asset Distribution in the REITs Industry

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

* The bar in red indicates where Taubman Centers's Equity-to-Asset falls into.



Taubman Centers 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.

Taubman Centers's Equity to Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Equity to Asset (A: Dec. 2019 )=Total Stockholders Equity/Total Assets
=-10.223/4515.465
=-0.00

Taubman Centers's Equity to Asset Ratio for the quarter that ended in Sep. 2020 is calculated as

Equity to Asset (Q: Sep. 2020 )=Total Stockholders Equity/Total Assets
=-96.746/4579.59
=-0.02

* 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.


Taubman Centers  (NYSE:TCO) 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%.


Taubman Centers Equity-to-Asset Related Terms

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


Taubman Centers (Taubman Centers) Business Description

Traded in Other Exchanges
N/A
Address
200 East Long Lake Road, Suite 300, Bloomfield Hills, MI, USA, 48304-2324
Taubman Centers Inc is engaged in the ownership, leasing, acquisition, disposition, development, expansion, and management of shopping centers. The company owns or operates a collection of over 20 urban and suburban shopping centers in U.S. states, Puerto Rico, South Korea, and China. Some of the operating malls of the group are Cherry Creek Shopping center, City Creek Center, Dolphin Mall, Fair Oaks Mall, and Stamford Town Center. Taubman derives its revenue by offering its properties on lease.
Executives
Marakovits Cornelia Connelly director C/O TAUBMAN CENTERS, INC., 200 E. LONG LAKE RD., STE 300, BLOOMFIELD HILLS MI 48304
Ullman Myron E Iii director 100 SPEAR ST. SUITE 935, SAN FRANCISCO CA 94105
Michelle J Goldberg director 601 UNION STREET, SUITE 3100, SEATTLE WA 98101
Janice L Fields director 800 NORTH LINDBERGH BLVD., ST. LOUIS MO 63167
Nancy Killefer director 3170 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Mayree C Clark director C/O ALLY FINANCIAL INC., 200 RENAISSANCE CENTER, DETROIT MI 48265
Michael J Embler director C/O NMI HOLDINGS, INC., 2100 POWELL STREET, EMERYVILLE CA 94608
Simon Leopold officer: EVP, CFO and Treasurer 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Paul Aubrey Wright officer: President, Taubman Asia Mngmt C/O TAUBMAN CENTERS, INC., 200 E. LONG LAKE ROAD, STE 300, BLOOMFIELD HILLS MI 48304
Jonathan Litt director LAND AND BUILDINGS, 1 LANDMARK SQUARE, 7TH FLOOR, STAMFORD CT 06901
Robert S Taubman director, officer: President, CEO, AND Chair BOD 200 EAST LONG LAKE RD, SUITE 300 P O BOX 200, BLOOMFIELD HILLS MI 48303-0200
William S Taubman officer: Chief Operating Officer 200 E LONG LAKE RD, TAUBMAN ASSET GROUP, BLOOMFIELD HILLS MI 48303
Peter John Sharp officer: President, Taubman Asia Mngmt C/O TAUBMAN CENTERS, INC., 200 E. LONG LAKE ROAD, STE 300, BLOOMFIELD HILLS MI 48304
Craig M Hatkoff director ONE WEST 72ND STREET, NEWYORK NY 10023
Jerome A Chazen director C/O CHAZEN CAPITAL PARTNERS LLC, 150 EAST 58TH STREET, 27TH FLOOR, NEW YORK NY 10155