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Redefine Properties (JSE:RDF) Equity-to-Asset : 0.51 (As of Feb. 2024)


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What is Redefine Properties Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Redefine Properties's Total Stockholders Equity for the quarter that ended in Feb. 2024 was R52,526 Mil. Redefine Properties's Total Assets for the quarter that ended in Feb. 2024 was R102,864 Mil. Therefore, Redefine Properties's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.51.

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

JSE:RDF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.56   Max: 0.64
Current: 0.51

During the past 13 years, the highest Equity to Asset Ratio of Redefine Properties was 0.64. The lowest was 0.47. And the median was 0.56.

JSE:RDF's Equity-to-Asset is ranked worse than
62.64% of 894 companies
in the REITs industry
Industry Median: 0.575 vs JSE:RDF: 0.51

Redefine Properties Equity-to-Asset Historical Data

The historical data trend for Redefine Properties'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.

Redefine Properties Equity-to-Asset Chart

Redefine Properties 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 0.55 0.47 0.52 0.53 0.52

Redefine Properties 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 0.53 0.53 0.52 0.52 0.51

Competitive Comparison of Redefine Properties's Equity-to-Asset

For the REIT - Diversified subindustry, Redefine 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.


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

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

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



Redefine 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.

Redefine Properties'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
=51938.922/99448.195
=0.52

Redefine Properties'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
=52525.694/102863.773
=0.51

* 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.


Redefine Properties  (JSE:RDF) 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%.


Redefine Properties Equity-to-Asset Related Terms

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


Redefine Properties Business Description

Traded in Other Exchanges
N/A
Address
155 West Street, 4th floor, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Redefine Properties Ltd is a South African real estate investment trust involved in the ownership of office, retail, and industrial properties. The vast majority of Redefine's real estate portfolio is located in South Africa and Poland .Within South Africa, over half of the company's properties are in the province of Gauteng in terms of total value. The group comprises of segments in the local portfolio, being office, retail, industrial, specialised and head office, and the international portfolio being EPP, Redefine Europe and other. Majority of revenue is generated from EPP, international portfolio.

Redefine Properties Headlines

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