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Westfield Trust (ASX:WFT) Equity-to-Asset : 0.57 (As of Dec. 2003)


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What is Westfield Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Westfield Trust's Total Stockholders Equity for the quarter that ended in Dec. 2003 was A$7,198.60 Mil. Westfield Trust's Total Assets for the quarter that ended in Dec. 2003 was A$12,603.30 Mil. Therefore, Westfield Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2003 was 0.57.

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

ASX:WFT's Equity-to-Asset is not ranked *
in the Real Estate industry.
Industry Median: 0.44
* Ranked among companies with meaningful Equity-to-Asset only.

Westfield Trust Equity-to-Asset Historical Data

The historical data trend for Westfield 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.

Westfield Trust Equity-to-Asset Chart

Westfield Trust Annual Data
Trend Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02
Equity-to-Asset
Get a 7-Day Free Trial 0.70 0.61 0.65 0.65 0.65

Westfield Trust Semi-Annual Data
Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.61 0.65 0.65 0.65 0.57

Competitive Comparison of Westfield Trust's Equity-to-Asset

For the Real Estate - Development subindustry, Westfield 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.


Westfield Trust's Equity-to-Asset Distribution in the Real Estate Industry

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

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



Westfield 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.

Westfield Trust's Equity to Asset Ratio for the fiscal year that ended in Dec. 2002 is calculated as

Equity to Asset (A: Dec. 2002 )=Total Stockholders Equity/Total Assets
=6331.9/9743.3
=0.65

Westfield Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2003 is calculated as

Equity to Asset (Q: Dec. 2003 )=Total Stockholders Equity/Total Assets
=7198.6/12603.3
=0.57

* 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.


Westfield Trust  (ASX:WFT) 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%.


Westfield Trust Equity-to-Asset Related Terms

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Westfield Trust (ASX:WFT) Business Description

Traded in Other Exchanges
N/A
Address
Westfield Trust (WFT) comprises interests in 50 shopping centres in Australia and New Zealand, with 3.1m sqm2 of gross lettable area servicing more than 9,400 retailers who generate in excess of $13.9 billion of retail sales.

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