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Spring Real Estate Investment Trust (HKSE:01426) Equity-to-Asset : 0.48 (As of Jun. 2024)


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What is Spring Real Estate Investment Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Spring Real Estate Investment Trust's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$6,543.3 Mil. Spring Real Estate Investment Trust's Total Assets for the quarter that ended in Jun. 2024 was HK$13,784.9 Mil. Therefore, Spring Real Estate Investment Trust's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.48.

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

HKSE:01426' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48   Med: 0.63   Max: 0.68
Current: 0.48

During the past 12 years, the highest Equity to Asset Ratio of Spring Real Estate Investment Trust was 0.68. The lowest was 0.48. And the median was 0.63.

HKSE:01426's Equity-to-Asset is ranked worse than
69.75% of 929 companies
in the REITs industry
Industry Median: 0.58 vs HKSE:01426: 0.48

Spring Real Estate Investment Trust Equity-to-Asset Historical Data

The historical data trend for Spring 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.

Spring Real Estate Investment Trust Equity-to-Asset Chart

Spring Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.66 0.68 0.51 0.48

Spring Real Estate Investment Trust Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.67 0.51 0.49 0.48 0.48

Competitive Comparison of Spring Real Estate Investment Trust's Equity-to-Asset

For the REIT - Diversified subindustry, Spring 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.


Spring Real Estate Investment Trust's Equity-to-Asset Distribution in the REITs Industry

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

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



Spring 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.

Spring Real Estate Investment Trust's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=6705.591/13984.537
=0.48

Spring Real Estate Investment Trust's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=6543.268/13784.871
=0.47

* 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.


Spring Real Estate Investment Trust  (HKSE:01426) 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%.


Spring Real Estate Investment Trust Equity-to-Asset Related Terms

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Spring Real Estate Investment Trust Business Description

Traded in Other Exchanges
N/A
Address
LHT Tower, 31 Queen’s Road Central, Room 2602, 26 Floor, Central, Hong Kong, HKG
Spring Real Estate Investment Trust is a real estate investment trust. The group holds investment properties in China and the United Kingdom and is principally engaged in property investment. It operates in three reportable business segments namely, Rental income, Car park income, and other income. A majority of the company's revenue is produced by the Rental income segment.
Executives
Mercuria Holdings Co., Ltd. 2201 Interest of corporation controlled by you
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Fang Chao 2201 Interest of corporation controlled by you
Siberite Limited 2201 Interest of corporation controlled by you
Rca02 2201 Interest of corporation controlled by you
Pebblebay Capital Corp 2201 Interest of corporation controlled by you
Lin Minghan 2201 Interest of corporation controlled by you
Huamao Property Holdings Ltd. 2201 Interest of corporation controlled by you
Diligent Glory Investments Limited 2201 Interest of corporation controlled by you
Chia Seok Eng 2201 Interest of corporation controlled by you
Sumitomo Mitsui Banking Corporation 2106 Person having a security interest in shares
Sino-ocean Group Holding Limited
Shining Path Limited
Pare (cayman) Limited 2201 Interest of corporation controlled by you
Pag Real Estate Limited 2201 Interest of corporation controlled by you

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