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Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) Equity-to-Asset : 0.74 (As of Mar. 2024)


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What is Golden Ventures Leasehold Real Estate Investment Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Golden Ventures Leasehold Real Estate Investment Trust's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿8,990 Mil. Golden Ventures Leasehold Real Estate Investment Trust's Total Assets for the quarter that ended in Mar. 2024 was ฿12,152 Mil. Therefore, Golden Ventures Leasehold Real Estate Investment Trust's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.74.

The historical rank and industry rank for Golden Ventures Leasehold Real Estate Investment Trust's Equity-to-Asset or its related term are showing as below:

BKK:GVREIT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.73   Med: 0.78   Max: 0.79
Current: 0.74

During the past 8 years, the highest Equity to Asset Ratio of Golden Ventures Leasehold Real Estate Investment Trust was 0.79. The lowest was 0.73. And the median was 0.78.

BKK:GVREIT's Equity-to-Asset is ranked better than
74.39% of 863 companies
in the REITs industry
Industry Median: 0.57 vs BKK:GVREIT: 0.74

Golden Ventures Leasehold Real Estate Investment Trust Equity-to-Asset Historical Data

The historical data trend for Golden Ventures Leasehold Real Estate Investment 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.

Golden Ventures Leasehold Real Estate Investment Trust Equity-to-Asset Chart

Golden Ventures Leasehold Real Estate Investment Trust Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial 0.79 0.79 0.74 0.74 0.74

Golden Ventures Leasehold Real Estate Investment Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.74 0.74 0.74 0.74 0.74

Competitive Comparison of Golden Ventures Leasehold Real Estate Investment Trust's Equity-to-Asset

For the REIT - Office subindustry, Golden Ventures Leasehold Real Estate Investment 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.


Golden Ventures Leasehold Real Estate Investment Trust's Equity-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Golden Ventures Leasehold Real Estate Investment Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Golden Ventures Leasehold Real Estate Investment Trust's Equity-to-Asset falls into.



Golden Ventures Leasehold Real Estate Investment 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.

Golden Ventures Leasehold Real Estate Investment Trust'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
=8935.524/12111.078
=0.74

Golden Ventures Leasehold Real Estate Investment Trust's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=8990.414/12152.218
=0.74

* 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.


Golden Ventures Leasehold Real Estate Investment Trust  (BKK:GVREIT) 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%.


Golden Ventures Leasehold Real Estate Investment Trust Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Golden Ventures Leasehold Real Estate Investment Trust's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) Business Description

Traded in Other Exchanges
N/A
Address
944 Rama 4 Road, 22nd Floor, Mitrtown Office Tower, Wangmai, Pathumwan, Bangkok, THA, 10330
Golden Ventures Leasehold Real Estate Investment Trust operates leasehold properties, focusing on office buildings. The company invests in properties located in Thailand. The Trust's objectives are to raise funds from investors both ordinary and juristic persons, including long-term loans from financial institutions and deposits from rental to invest in 2 projects Park Ventures Ecoplex Project and Sathorn Square Project.

Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) Headlines

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