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Reef Casino TrustASX:RCT 70 Equity-to-Asset is 0.12 as of Dec. 2025, which is 9% above its 10-year median of 0.11. GuruFocus rates ASX:RCT with a GF Score™ of 70/100 and a GF Value™ of A$3.00 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 859 Travel & Leisure companies, Reef Casino Trust ranks worse than 87.19% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Reef Casino Trust's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$12.19 Mil. Reef Casino Trust's Total Assets for the quarter that ended in Dec. 2025 was A$103.62 Mil.
Therefore, Reef Casino Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.12.
The historical rank and industry rank for Reef Casino Trust's Equity-to-Asset or its related term are showing as below:
ASX:RCT'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09 Med: 0.11 Max: 0.13
Current: 0.12
During the past 13 years, the highest Equity to Asset Ratio of Reef Casino Trust was 0.13. The lowest was 0.09. And the median was 0.11.
ASX:RCT's Equity-to-Asset is ranked worse than 87.19% of 859
companies
in the Travel & Leisure industry
Industry Median: 0.51
vs ASX:RCT: 0.12
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%.
Reef Casino Trust Equity-to-Asset Related Terms
Reef Casino Trust Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Reef Casino 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.
ASX:RCT vs LVS, MGM, WYNN: Equity-to-Asset Comparison
For the Resorts & Casinos subindustry, Reef Casino 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.
Reef Casino Trust Equity-to-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Reef Casino Trust's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Reef Casino Trust'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.
Reef Casino Trust's Equity to Asset Ratio for the fiscal year that ended in Dec. 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.
Reef Casino Trust (ASX:RCT) has a Equity-to-Asset of 0.12 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Reef Casino Trust and its competitors. This is near median its historical median of 0.11. Over the past decade, Reef Casino Trust's Equity-to-Asset has ranged from 0.09 to 0.13. According to the industry distribution chart, Reef Casino Trust ranks #749 out of 859 companies in the Travel & Leisure industry, placing it in the top 87.2%.
Is Reef Casino Trust's Equity-to-Asset too high?
Reef Casino Trust's current Equity-to-Asset of 0.12 is near median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.13. The Travel & Leisure industry median Equity-to-Asset is 0.51. Reef Casino Trust's value of 0.12 is 76.5% below this industry median. Based on the distribution chart, Reef Casino Trust ranks #749 out of 859 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Reef Casino Trust has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reef Casino Trust's Equity-to-Asset compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Reef Casino Trust ranks #749 out of 859 companies for Equity-to-Asset. This places Reef Casino Trust in the lower half of its industry. The industry median Equity-to-Asset is 0.51. Reef Casino Trust's value of 0.12 is 76.5% below this benchmark. Historically, Reef Casino Trust's own Equity-to-Asset has ranged from 0.09 to 0.13 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.51, Reef Casino Trust 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 Travel & Leisure company?
The median Equity-to-Asset among Travel & Leisure companies is 0.51, based on 859 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. Reef Casino Trust's current Equity-to-Asset of 0.12 is 76.5% 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 Reef Casino Trust and its competitors. For the Travel & Leisure industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reef Casino Trust's current Equity-to-Asset is 0.12, which is near median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reef Casino Trust stock overvalued right now?
Based on GuruFocus' analysis, Reef Casino Trust (ASX:RCT) is currently considered Modestly Overvalued. The stock's GF Value™ is A$3.00, compared to a current price of A$3.85 — trading 28.3% above its estimated fair value. The current Equity-to-Asset is 0.12, which is near median its 10-year median of 0.11 and 76.5% below the Travel & Leisure industry median of 0.51. Reef Casino Trust's overall GF Score™ is 70/100 with 9 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 Reef Casino Trust (ASX:RCT), the current Equity-to-Asset is 0.12 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 Reef Casino Trust (ASX:RCT) Overvalued in 2026?
Based on GuruFocus' analysis, Reef Casino Trust stock appears to be overvalued.
The current stock price of A$3.85 is trading 28.3% above its estimated GF Value™ of A$3.00.
GuruFocus considers Reef Casino Trust to be Modestly Overvalued.
Key valuation signals for ASX:RCT:
Equity-to-Asset: 0.12 (near median its 10-year median of 0.11)
GF Value™: A$3.00 vs. price of A$3.85 (28.3% above fair value)
Industry Position: 76.5% below the Travel & Leisure median (#749 of 859)
No single metric tells the full story. See the ASX:RCT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reef Casino Trust is engaged in the operation of the Reef Hotel-Casino Complex located in Cairns, Queensland, Australia. The company derives revenue from the casino, which includes electronic gaming and table games, and the hotel, which includes room accommodation and food and beverage, and others. The majority of the revenue is generated from the rental income received from the casino operations. The company operates in two segments, which includes Casino operations and Hotel segment.
70GF Score
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