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York Timber Holdings (JSE:YRK) Equity-to-Asset : 0.63 (As of Dec. 2023)


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What is York Timber Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. York Timber Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R2,710 Mil. York Timber Holdings's Total Assets for the quarter that ended in Dec. 2023 was R4,273 Mil. Therefore, York Timber Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.63.

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

JSE:YRK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58   Med: 0.62   Max: 0.64
Current: 0.63

During the past 13 years, the highest Equity to Asset Ratio of York Timber Holdings was 0.64. The lowest was 0.58. And the median was 0.62.

JSE:YRK's Equity-to-Asset is ranked better than
64.16% of 293 companies
in the Forest Products industry
Industry Median: 0.55 vs JSE:YRK: 0.63

York Timber Holdings Equity-to-Asset Historical Data

The historical data trend for York Timber Holdings'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.

York Timber Holdings Equity-to-Asset Chart

York Timber Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.62 0.59 0.63 0.63

York Timber Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.64 0.63 0.64 0.63 0.63

Competitive Comparison of York Timber Holdings's Equity-to-Asset

For the Lumber & Wood Production subindustry, York Timber Holdings'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.


York Timber Holdings's Equity-to-Asset Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, York Timber Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where York Timber Holdings's Equity-to-Asset falls into.



York Timber Holdings 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.

York Timber Holdings's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=2682.931/4240.807
=0.63

York Timber Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2709.666/4273.415
=0.63

* 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.


York Timber Holdings  (JSE:YRK) 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%.


York Timber Holdings Equity-to-Asset Related Terms

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York Timber Holdings (JSE:YRK) Business Description

Traded in Other Exchanges
N/A
Address
3 Main Road, York Corporate Office, P.O. Box 1191, Sabie, MP, ZAF, 1260
York Timber Holdings Ltd is an integrated forestry company. The company's operating segment includes Processing plants; Wholesale, Forestry and Fleet and Agriculture. It generates maximum revenue from the Processing plants segment. The processing plants segment is divided into two divisions namely Sawmilling and Plywood. Geographically, it derives a majority of revenue from South Africa and also has a presence in the Southern Africa Development Community (SADC) and the United Kingdom, Belgium, China, and the United States of America.

York Timber Holdings (JSE:YRK) Headlines

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