GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dipula Income Fund Ltd (JSE:DIB) » Definitions » Equity-to-Asset

Dipulaome Fund (JSE:DIB) Equity-to-Asset : 0.59 (As of Feb. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Dipulaome Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dipulaome Fund's Total Stockholders Equity for the quarter that ended in Feb. 2024 was R6,019 Mil. Dipulaome Fund's Total Assets for the quarter that ended in Feb. 2024 was R10,230 Mil. Therefore, Dipulaome Fund's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.59.

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

JSE:DIB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16   Med: 0.57   Max: 0.62
Current: 0.59

During the past 13 years, the highest Equity to Asset Ratio of Dipulaome Fund was 0.62. The lowest was 0.16. And the median was 0.57.

JSE:DIB's Equity-to-Asset is ranked better than
54.55% of 858 companies
in the REITs industry
Industry Median: 0.57 vs JSE:DIB: 0.59

Dipulaome Fund Equity-to-Asset Historical Data

The historical data trend for Dipulaome Fund'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.

Dipulaome Fund Equity-to-Asset Chart

Dipulaome Fund Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.55 0.57 0.59 0.60

Dipulaome Fund Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 0.58 0.59 0.58 0.60 0.59

Competitive Comparison of Dipulaome Fund's Equity-to-Asset

For the REIT - Retail subindustry, Dipulaome Fund'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.


Dipulaome Fund's Equity-to-Asset Distribution in the REITs Industry

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

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



Dipulaome Fund 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.

Dipulaome Fund's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )=Total Stockholders Equity/Total Assets
=6050.615/10108.28
=0.60

Dipulaome Fund's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=6018.717/10230.098
=0.59

* 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.


Dipulaome Fund  (JSE:DIB) 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%.


Dipulaome Fund Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Dipulaome Fund's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Dipulaome Fund (JSE:DIB) Business Description

Traded in Other Exchanges
N/A
Address
16 Baker Street, 12th Floor, Firestation Rosebank, Rosebank, Johannesburg, GT, ZAF, 2196
Dipula Income Fund Ltd is a South Africa-based real estate investment trust. It owns a diversified portfolio of investments in different sectors in all nine provinces of South Africa. Its segments include Retail, Offices, Industrial, Land, Residential, and Corporate. A substantial part of the company's overall revenue is derived from its Retail segment. The majority of its properties are in Gauteng.

Dipulaome Fund (JSE:DIB) Headlines

No Headlines