Hospitality Property Fund (JSE:TSP) Equity-to-Asset: 0.73 (As of Sep. 2020) — 248% Above Median

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What is Hospitality Property Fund Equity-to-Asset?

Hospitality Property Fund JSE:TSP 11 Equity-to-Asset is 0.73 as of Sep. 2020, which is 248% above its 10-year median of 0.21. GuruFocus rates JSE:TSP with a GF Score™ of 11/100. The stock has 8 warning signs investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hospitality Property Fund's Total Stockholders Equity for the quarter that ended in Sep. 2020 was R7,507.89 Mil. Hospitality Property Fund's Total Assets for the quarter that ended in Sep. 2020 was R10,247.24 Mil. Therefore, Hospitality Property Fund's Equity to Asset Ratio for the quarter that ended in Sep. 2020 was 0.73.

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

JSE:TSP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.21   Max: 0.85
Current: 0.73

During the past 11 years, the highest Equity to Asset Ratio of Hospitality Property Fund was 0.85. The lowest was 0.09. And the median was 0.21.

JSE:TSP's Equity-to-Asset is not ranked
in the REITs industry.
Industry Median: 0.59 vs JSE:TSP: 0.73

Hospitality Property Fund  (JSE:TSP) 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%.


Hospitality Property Fund Equity-to-Asset Related Terms


Hospitality Property Fund Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Hospitality Property 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.

Hospitality Property Fund Equity-to-Asset Chart

Hospitality Property Fund Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Mar18 Mar19 Mar20
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.67 0.85 0.83 0.74

Hospitality Property Fund Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20
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 0.84 0.83 0.80 0.74 0.73

JSE:TSP vs HST, PK, APLE: Equity-to-Asset Comparison

For the REIT - Hotel & Motel subindustry, Hospitality Property 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.


Hospitality Property Fund Equity-to-Asset vs REITs Industry

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

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



Hospitality Property 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.

Hospitality Property Fund's Equity to Asset Ratio for the fiscal year that ended in Mar. 2020 is calculated as

Equity to Asset (A: Mar. 2020 )=Total Stockholders Equity/Total Assets
=7673.768/10343.024
=0.74

Hospitality Property Fund's Equity to Asset Ratio for the quarter that ended in Sep. 2020 is calculated as

Equity to Asset (Q: Sep. 2020 )=Total Stockholders Equity/Total Assets
=7507.893/10247.243
=0.73

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.73 mean?
Hospitality Property Fund (JSE:TSP) has a Equity-to-Asset of 0.73 as of Sep. 2020. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Hospitality Property Fund and its competitors. This is 248% above median its historical median of 0.21. Over the past decade, Hospitality Property Fund's Equity-to-Asset has ranged from 0.09 to 0.85.
Is Hospitality Property Fund's Equity-to-Asset too high?
Hospitality Property Fund's current Equity-to-Asset of 0.73 is 248% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.85. The REITs industry median Equity-to-Asset is 0.59. Hospitality Property Fund's value of 0.73 is 23.7% above this industry median. Overall, Hospitality Property Fund has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Hospitality Property Fund's Equity-to-Asset compare to HST and PK?
Hospitality Property Fund's Equity-to-Asset of 0.73 can be compared against companies in the REITs industry. The industry median Equity-to-Asset is 0.59. Hospitality Property Fund's value of 0.73 is 23.7% above this benchmark. Historically, Hospitality Property Fund's own Equity-to-Asset has ranged from 0.09 to 0.85 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.59, Hospitality Property Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a REITs company?
The median Equity-to-Asset among REITs companies is 0.59, based on 931 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hospitality Property Fund's current Equity-to-Asset of 0.73 is 23.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Hospitality Property Fund and its competitors. For the REITs industry, the median Equity-to-Asset is 0.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hospitality Property Fund's current Equity-to-Asset is 0.73, which is 248% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hospitality Property Fund stock overvalued right now?
Hospitality Property Fund (JSE:TSP) has a current Equity-to-Asset of 0.73. The current Equity-to-Asset is 0.73, which is 248% above median its 10-year median of 0.21 and 23.7% above the REITs industry median of 0.59. Hospitality Property Fund's overall GF Score™ is 11/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Hospitality Property Fund (JSE:TSP), the current Equity-to-Asset is 0.73 as of Sep. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hospitality Property Fund Business Description

Industry Real EstateREITs
Address Montecasino Boulevard, Palazzo Towers West, Fourways, Johannesburg, ZAF, 2055
Hospitality Property Fund Ltd is a specialised real estate investment trust investing in the hotel and leisure sector, providing investors with exposure to both the property and hospitality industries. The company's portfolio caters to a wide-ranging domestic and international market and accommodates various segments including corporate, government, leisure, group conferencing and event business. The properties are well diversified in terms of geographic location and class of hotel, thus mitigating the inherent risks associated within the cyclical nature of the hospitality industry.