New Frontier Properties (JSE:NFP) Equity-to-Asset : -0.54 (As of May. 2020)

New Frontier Properties Equity-to-Asset Chart

New Frontier Properties Quarterly Data
	May15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20
Equity-to-Asset	Get a 7-Day Free Trial															-0.26	-0.36	-0.48	-0.51	-0.54

Competitive Comparison of New Frontier Properties's Equity-to-Asset

For the REIT - Retail subindustry, New Frontier Properties'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.

New Frontier Properties's Equity-to-Asset Distribution in the REITs Industry

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

* The bar in red indicates where New Frontier Properties's Equity-to-Asset falls into.

New Frontier Properties 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.

New Frontier Properties's Equity to Asset Ratio for the fiscal year that ended in Aug. 2019 is calculated as

New Frontier Properties's Equity to Asset Ratio for the quarter that ended in May. 2020 is calculated as

* 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.

New Frontier Properties  (JSE:NFP) 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%.

New Frontier Properties Equity-to-Asset Related Terms

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New Frontier Properties (JSE:NFP) Business Description