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Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) Equity-to-Asset : 0.71 (As of Dec. 2023)


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What is Frasers Property Thailand Industrial Freehold & Leasehold REIT Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Frasers Property Thailand Industrial Freehold & Leasehold REIT's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿35,886 Mil. Frasers Property Thailand Industrial Freehold & Leasehold REIT's Total Assets for the quarter that ended in Dec. 2023 was ฿50,255 Mil. Therefore, Frasers Property Thailand Industrial Freehold & Leasehold REIT's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.71.

The historical rank and industry rank for Frasers Property Thailand Industrial Freehold & Leasehold REIT's Equity-to-Asset or its related term are showing as below:

BKK:FTREIT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.66   Med: 0.73   Max: 0.8
Current: 0.71

During the past 9 years, the highest Equity to Asset Ratio of Frasers Property Thailand Industrial Freehold & Leasehold REIT was 0.80. The lowest was 0.66. And the median was 0.73.

BKK:FTREIT's Equity-to-Asset is ranked better than
71.59% of 859 companies
in the REITs industry
Industry Median: 0.57 vs BKK:FTREIT: 0.71

Frasers Property Thailand Industrial Freehold & Leasehold REIT Equity-to-Asset Historical Data

The historical data trend for Frasers Property Thailand Industrial Freehold & Leasehold 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.

* Premium members only.

Frasers Property Thailand Industrial Freehold & Leasehold REIT Equity-to-Asset Chart

Frasers Property Thailand Industrial Freehold & Leasehold REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.71 0.70 0.71 0.71 0.67

Frasers Property Thailand Industrial Freehold & Leasehold REIT 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 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 0.71 0.71 0.69 0.67 0.71

Competitive Comparison of Frasers Property Thailand Industrial Freehold & Leasehold REIT's Equity-to-Asset

For the REIT - Industrial subindustry, Frasers Property Thailand Industrial Freehold & Leasehold 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.


Frasers Property Thailand Industrial Freehold & Leasehold REIT's Equity-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Frasers Property Thailand Industrial Freehold & Leasehold REIT's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Frasers Property Thailand Industrial Freehold & Leasehold REIT's Equity-to-Asset falls into.



Frasers Property Thailand Industrial Freehold & Leasehold REIT 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.

Frasers Property Thailand Industrial Freehold & Leasehold REIT's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=33768.107/50400.312
=0.67

Frasers Property Thailand Industrial Freehold & Leasehold REIT'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
=35885.981/50254.612
=0.71

* 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.


Frasers Property Thailand Industrial Freehold & Leasehold REIT  (BKK:FTREIT) 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%.


Frasers Property Thailand Industrial Freehold & Leasehold REIT Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Frasers Property Thailand Industrial Freehold & Leasehold REIT's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) Business Description

Traded in Other Exchanges
N/A
Address
Rama 4 Road, No.944 Mitrtown Office Tower, 22nd-23rd Floor, Wang Mai Sub-district, Pathum Wan District, Bangkok, THA, 10330
Frasers Property Thailand Industrial Freehold & Leasehold REIT buys land and parks to develop factory building and offer it for rent in Thailand. The company also provides logistic warehouse, custom factories and warehouse and sales and leasebacks. The trust's objectives are to raise funds from general investors and to use the proceeds from such fundraising to acquire, lease and/or sub-lease of immovable properties.

Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) Headlines

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