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Triple Point Social Housing REIT (LSE:SOHO) Equity-to-Asset : 0.63 (As of Jun. 2024)


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What is Triple Point Social Housing REIT Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Triple Point Social Housing REIT's Total Stockholders Equity for the quarter that ended in Jun. 2024 was £442.18 Mil. Triple Point Social Housing REIT's Total Assets for the quarter that ended in Jun. 2024 was £707.95 Mil. Therefore, Triple Point Social Housing REIT's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.63.

The historical rank and industry rank for Triple Point Social Housing REIT's Equity-to-Asset or its related term are showing as below:

LSE:SOHO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62   Med: 0.67   Max: 0.97
Current: 0.63

During the past 7 years, the highest Equity to Asset Ratio of Triple Point Social Housing REIT was 0.97. The lowest was 0.62. And the median was 0.67.

LSE:SOHO's Equity-to-Asset is ranked better than
60.51% of 894 companies
in the REITs industry
Industry Median: 0.575 vs LSE:SOHO: 0.63

Triple Point Social Housing REIT Equity-to-Asset Historical Data

The historical data trend for Triple Point Social Housing REIT'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.

Triple Point Social Housing REIT Equity-to-Asset Chart

Triple Point Social Housing REIT Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.68 0.68 0.62 0.62 0.63

Triple Point Social Housing REIT Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.63 0.62 0.62 0.63 0.63

Competitive Comparison of Triple Point Social Housing REIT's Equity-to-Asset

For the REIT - Residential subindustry, Triple Point Social Housing REIT'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.


Triple Point Social Housing REIT's Equity-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Triple Point Social Housing REIT's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Triple Point Social Housing REIT's Equity-to-Asset falls into.



Triple Point Social Housing REIT 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.

Triple Point Social Housing REIT's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=447.617/713.046
=0.63

Triple Point Social Housing REIT's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=442.176/707.953
=0.62

* 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.


Triple Point Social Housing REIT  (LSE:SOHO) 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%.


Triple Point Social Housing REIT Equity-to-Asset Related Terms

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Triple Point Social Housing REIT Business Description

Traded in Other Exchanges
Address
1 King William Street, London, GBR, EC4N 7AF
Triple Point Social Housing REIT PLC is an investment company, which invests in UK social housing assets, in particular homes in the Supported Housing sector which have been adapted to provide care and support to vulnerable tenants. It has invested in a diverse range of investment sectors, including property, central and local government, NHS Hospital Trusts and infrastructure including lease and asset finance, and small and medium-sized businesses.