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SmartCentres Real Estate Investment Trust (SmartCentres Real Estate Investment Trust) Equity-to-Asset : 0.44 (As of Dec. 2023)


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What is SmartCentres Real Estate Investment Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SmartCentres Real Estate Investment Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,929.9 Mil. SmartCentres Real Estate Investment Trust's Total Assets for the quarter that ended in Dec. 2023 was $8,874.0 Mil. Therefore, SmartCentres Real Estate Investment Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.44.

The historical rank and industry rank for SmartCentres Real Estate Investment Trust's Equity-to-Asset or its related term are showing as below:

CWYUF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.44   Max: 0.46
Current: 0.44

During the past 13 years, the highest Equity to Asset Ratio of SmartCentres Real Estate Investment Trust was 0.46. The lowest was 0.40. And the median was 0.44.

CWYUF's Equity-to-Asset is ranked worse than
74.51% of 863 companies
in the REITs industry
Industry Median: 0.57 vs CWYUF: 0.44

SmartCentres Real Estate Investment Trust Equity-to-Asset Historical Data

The historical data trend for SmartCentres Real Estate Investment 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.

SmartCentres Real Estate Investment Trust Equity-to-Asset Chart

SmartCentres Real Estate Investment 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 0.45 0.40 0.43 0.44 0.44

SmartCentres Real Estate Investment Trust 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 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 0.44 0.44 0.44 0.44 0.44

Competitive Comparison of SmartCentres Real Estate Investment Trust's Equity-to-Asset

For the REIT - Retail subindustry, SmartCentres Real Estate Investment 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.


SmartCentres Real Estate Investment Trust's Equity-to-Asset Distribution in the REITs Industry

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

* The bar in red indicates where SmartCentres Real Estate Investment Trust's Equity-to-Asset falls into.



SmartCentres Real Estate Investment 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.

SmartCentres Real Estate Investment 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
=3929.885/8874.047
=0.44

SmartCentres Real Estate Investment 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
=3929.885/8874.047
=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.


SmartCentres Real Estate Investment Trust  (OTCPK:CWYUF) 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%.


SmartCentres Real Estate Investment Trust Equity-to-Asset Related Terms

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SmartCentres Real Estate Investment Trust (SmartCentres Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
3200 Highway 7, Vaughan, ON, CAN, L4K 5Z5
SmartCentres Real Estate Investment Trust is a Canadian fully integrated commercial and residential REIT, with approximately 174 strategically located properties in communities across the country. The company is developing complete, connected, mixed-use communities on its existing retail properties, under its wholly-owned residential sub-brand, SmartLiving. The Trust develops, leases, constructs, owns and manages shopping centres, office buildings, high-rise and low-rise condominiums and rental residences, seniors' housing, townhome units, self-storage rental facilities, and industrial facilities in Canada.

SmartCentres Real Estate Investment Trust (SmartCentres Real Estate Investment Trust) Headlines