Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Dexus Industria REITASX:DXI -0.41%73 Equity-to-Asset is 0.56 as of Dec. 2025, which is 5% below its 10-year median of 0.59. GuruFocus rates ASX:DXI with a GF Score™ of 73/100 and a GF Value™ of A$2.67 (Fairly Valued). The stock has 7 warning signs investors should review. Among 934 REITs companies, Dexus Industria REIT ranks worse than 52.78% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dexus Industria REIT's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$795.95 Mil. Dexus Industria REIT's Total Assets for the quarter that ended in Dec. 2025 was A$1,424.86 Mil.
Therefore, Dexus Industria REIT's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.56.
The historical rank and industry rank for Dexus Industria REIT's Equity-to-Asset or its related term are showing as below:
ASX:DXI'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46 Med: 0.59 Max: 0.75
Current: 0.56
During the past 12 years, the highest Equity to Asset Ratio of Dexus Industria REIT was 0.75. The lowest was 0.46. And the median was 0.59.
ASX:DXI's Equity-to-Asset is ranked worse than 52.78% of 934
companies
in the REITs industry
Industry Median: 0.58
vs ASX:DXI: 0.56
Dexus Industria REIT (ASX:DXI) 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%.
Dexus Industria REIT Equity-to-Asset Related Terms
Dexus Industria REIT Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Dexus Industria REIT'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.
ASX:DXI vs PLD, PSA, EXR: Equity-to-Asset Comparison
For the REIT - Industrial subindustry, Dexus Industria REIT'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.
Dexus Industria REIT Equity-to-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Dexus Industria REIT's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Dexus Industria REIT'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.
Dexus Industria REIT's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
Dexus Industria REIT (ASX:DXI) has a Equity-to-Asset of 0.56 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Dexus Industria REIT and its competitors. This is near median its historical median of 0.59. Over the past decade, Dexus Industria REIT's Equity-to-Asset has ranged from 0.46 to 0.75. According to the industry distribution chart, Dexus Industria REIT ranks #493 out of 934 companies in the REITs industry, placing it in the top 52.8%.
Is Dexus Industria REIT's Equity-to-Asset too high?
Dexus Industria REIT's current Equity-to-Asset of 0.56 is near median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.75. The REITs industry median Equity-to-Asset is 0.58. Dexus Industria REIT's value of 0.56 is 3.4% below this industry median. Based on the distribution chart, Dexus Industria REIT ranks #493 out of 934 companies in the REITs industry, which is below the industry midpoint. Overall, Dexus Industria REIT has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dexus Industria REIT's Equity-to-Asset compare to PLD and PSA?
According to the REITs industry distribution chart, Dexus Industria REIT ranks #493 out of 934 companies for Equity-to-Asset. This places Dexus Industria REIT in the lower half of its industry. The industry median Equity-to-Asset is 0.58. Dexus Industria REIT's value of 0.56 is 3.4% below this benchmark. Historically, Dexus Industria REIT's own Equity-to-Asset has ranged from 0.46 to 0.75 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.58, Dexus Industria REIT has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a REITs company?
The median Equity-to-Asset among REITs companies is 0.58, based on 934 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dexus Industria REIT's current Equity-to-Asset of 0.56 is 3.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Dexus Industria REIT and its competitors. For the REITs industry, the median Equity-to-Asset is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dexus Industria REIT's current Equity-to-Asset is 0.56, which is near median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dexus Industria REIT stock overvalued right now?
Based on GuruFocus' analysis, Dexus Industria REIT (ASX:DXI) is currently considered Fairly Valued. The stock's GF Value™ is A$2.67, compared to a current price of A$2.44 — trading 8.6% below its estimated fair value. The current Equity-to-Asset is 0.56, which is near median its 10-year median of 0.59 and 3.4% below the REITs industry median of 0.58. Dexus Industria REIT's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Dexus Industria REIT (ASX:DXI), the current Equity-to-Asset is 0.56 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dexus Industria REIT (ASX:DXI) Overvalued in 2026?
Based on GuruFocus' analysis, Dexus Industria REIT stock appears to be undervalued.
The current stock price of A$2.44 is trading 8.6% below its estimated GF Value™ of A$2.67.
GuruFocus considers Dexus Industria REIT to be Fairly Valued.
Key valuation signals for ASX:DXI:
Equity-to-Asset: 0.56 (near median its 10-year median of 0.59)
GF Value™: A$2.67 vs. price of A$2.44 (8.6% below fair value)
Industry Position: 3.4% below the REITs median (#493 of 934)
No single metric tells the full story. See the ASX:DXI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dexus Industria REIT acts as an income pass-through investment vehicle. It owns a portfolio of industrial properties and passes the rent generated from leasing out these properties to securityholders. The jewel in the crown is the Jandakot precinct in Western Australia, which accounts for a third of the portfolio's total book value. The rest of the assets are predominantly located in Victoria and New South Wales. The REIT also has a small development pipeline.Dexus Industria was rebranded from APN Industria REIT in 2021, as a result of Dexus' acquisition of APN Property Group. Following the rebrand, Dexus Industria has divested its business parks and transitioned to a pure play industrial REIT. Dexus Industria is externally managed by Dexus, which holds a 18% stake in the REIT.
73GF Score
Get the complete analysis for ASX:DXI
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:DXI has been successfully added to your 
