Regional Express Holdings (ASX:REX) Equity-to-Asset: 0.21 (As of Dec. 2023)

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ASX:REX Regional Express Holdings Ltd ASX:REX
4 GF Score
Price A$0.57
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What is Regional Express Holdings Equity-to-Asset?

Regional Express Holdings ASX:REX 4 Equity-to-Asset is 0.21 as of Dec. 2023. GuruFocus rates ASX:REX with a GF Score™ of 4/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Regional Express Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$156.4 Mil. Regional Express Holdings's Total Assets for the quarter that ended in Dec. 2023 was A$737.2 Mil. Therefore, Regional Express Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.21.

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

ASX:REX's Equity-to-Asset is not ranked *
in the Transportation industry.
Industry Median: 0.5
* Ranked among companies with meaningful Equity-to-Asset only.

Regional Express Holdings  (ASX:REX) 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%.


Regional Express Holdings Equity-to-Asset Related Terms


Regional Express Holdings Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Regional Express Holdings'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.

Regional Express Holdings Equity-to-Asset Chart

Regional Express Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.69 0.42 0.31 0.25

Regional Express Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.33 0.31 0.21 0.25 0.21

ASX:REX vs DAL, LUV, UAL: Equity-to-Asset Comparison

For the Airlines subindustry, Regional Express Holdings'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.


Regional Express Holdings Equity-to-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, Regional Express Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Regional Express Holdings's Equity-to-Asset falls into.


ASX:REX
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Regional Express Holdings Ltd ASX:REX
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Regional Express Holdings 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.

Regional Express Holdings's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=161.454/652.673
=0.25

Regional Express Holdings'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
=156.385/737.161
=0.21

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.21 mean?
Regional Express Holdings (ASX:REX) has a Equity-to-Asset of 0.21 as of Dec. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Regional Express Holdings and its competitors.
Is Regional Express Holdings' Equity-to-Asset too high?
Regional Express Holdings' current Equity-to-Asset is 0.21. The Transportation industry median Equity-to-Asset is 0.50. Regional Express Holdings' value of 0.21 is 58% below this industry median. Overall, Regional Express Holdings has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Regional Express Holdings' Equity-to-Asset compare to DAL and LUV?
Regional Express Holdings' Equity-to-Asset of 0.21 can be compared against companies in the Transportation industry. The industry median Equity-to-Asset is 0.50. Regional Express Holdings' value of 0.21 is 58% below this benchmark. 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 Transportation company?
The median Equity-to-Asset among Transportation companies is 0.50, based on 1,012 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. Regional Express Holdings's current Equity-to-Asset of 0.21 is 58% 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 Regional Express Holdings and its competitors. For the Transportation industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Regional Express Holdings's current Equity-to-Asset is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Regional Express Holdings stock overvalued right now?
Regional Express Holdings (ASX:REX) has a current Equity-to-Asset of 0.21. The current Equity-to-Asset is 0.21 and 58% below the Transportation industry median of 0.50. Regional Express Holdings' overall GF Score™ is 4/100. 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 Regional Express Holdings (ASX:REX), the current Equity-to-Asset is 0.21 as of Dec. 2023. 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.

Regional Express Holdings Business Description

Address 81-83 Baxter Road, Mascot, Sydney, NSW, AUS, 2020
Regional Express Holdings Ltd is an Australian-based airline company. The company is engaged in the provision of air services for the transportation of passengers and freight. Its operating segment includes Regular public transport, Charter and other, and Training. The company generates maximum revenue from the Regular public transport segment. Some of its services include Web Check-in; Print Invoices; Safe Hand Baggage; Travel Insurance and others.
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