GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Piedmont Office Realty Trust Inc (NYSE:PDM) » Definitions » Equity-to-Asset

Piedmont Office Realty Trust (Piedmont Office Realty Trust) Equity-to-Asset

: 0.42 (As of Dec. 2023)
View and export this data going back to 2010. Start your Free Trial

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Piedmont Office Realty Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,721.4 Mil. Piedmont Office Realty Trust's Total Assets for the quarter that ended in Dec. 2023 was $4,057.1 Mil. Therefore, Piedmont Office Realty Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.42.

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

PDM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42   Med: 0.48   Max: 0.52
Current: 0.42

During the past 13 years, the highest Equity to Asset Ratio of Piedmont Office Realty Trust was 0.52. The lowest was 0.42. And the median was 0.48.

PDM's Equity-to-Asset is ranked worse than
77.12% of 861 companies
in the REITs industry
Industry Median: 0.56 vs PDM: 0.42

Piedmont Office Realty Trust Equity-to-Asset Historical Data

The historical data trend for Piedmont Office 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.

Piedmont Office Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 0.51 0.45 0.45 0.42

Piedmont Office Realty 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 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 Premium Member Only Premium Member Only Premium Member Only 0.45 0.43 0.44 0.43 0.42

Competitive Comparison

For the REIT - Office subindustry, Piedmont Office 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.


Piedmont Office Realty Trust Equity-to-Asset Distribution

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

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



Piedmont Office 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.

Piedmont Office 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
=1721.414/4057.082
=0.42

Piedmont Office 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
=1721.414/4057.082
=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.


Piedmont Office Realty Trust  (NYSE:PDM) 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%.


Piedmont Office Realty Trust Equity-to-Asset Related Terms

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


Piedmont Office Realty Trust (Piedmont Office Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
5565 Glenridge Connector, Suite 450, Atlanta, GA, USA, 30342
Piedmont Office Realty Trust Inc is a real estate investment trust engaged in the acquisition, development, and management of commercial real estate properties throughout the U.S. The company's real estate portfolio is mainly composed of office properties located in the majority of American metropolitan areas. Piedmont derives majority of its revenue in the form of rental income from tenants in mid- to long-term lease agreements. The vast majority of the company's revenue comes from the leasing of its assets in Washington D.C., New York City, Chicago, Atlanta, Minneapolis, Dallas, and Boston. Piedmont's large customers in terms of rental revenue are U.S. Government entities, business services companies, and financial institutions.
Executives
Dale H. Taysom director 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342
Kelly Hefner Barrett director 4630 WYNMEADE PARK, MARIETTA GA 30067
Barbara B Lang director 8270 GREENSBORO DRIVE, SUITE 500, MCLEAN VA 22102
Jeffrey L. Swope director 5565 GLENRIDGE CONNECTOR, STE 450, ATLANTA GA 30342
Guilbert Edward H Iii officer: EVP - Finance & Treasurer 5565 GLENRIDGE CONNECTOR, SUITE 450, ATLANTA GA 30342
Robert E Bowers officer: Chief Financial Officer 5565 GLENRIDGE CONNECTOR, STE 450, ATLANTA GA 30342
Christopher Brent Smith officer: EVP- NY Region & Strategic Inv 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342
Mary M. Hager director 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342
Frank C Mcdowell director PO BOX 29390, SAN FRANCISCO CA 94129-0350
Glenn Gary Cohen director 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Venkatesh S. Durvasula director 39 INDIAN MILL ROADH, COS COB CT 06807
Laura P Moon officer: Chief Accounting Officer 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342
George M. Wells officer: EVP- Southeast Region 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342
Mizuho Securities Usa Llc other: See Remarks 1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Alex Valente officer: EVP- Southeast Region 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342