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Cofinimmo/NV (LTS:0J3X) Equity-to-Asset : 0.55 (As of Mar. 2024)


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What is Cofinimmo/NV Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cofinimmo/NV's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €3,641.1 Mil. Cofinimmo/NV's Total Assets for the quarter that ended in Mar. 2024 was €6,662.5 Mil. Therefore, Cofinimmo/NV's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.55.

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

LTS:0J3X' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.52   Max: 0.55
Current: 0.55

During the past 13 years, the highest Equity to Asset Ratio of Cofinimmo/NV was 0.55. The lowest was 0.44. And the median was 0.52.

LTS:0J3X's Equity-to-Asset is ranked worse than
54% of 926 companies
in the REITs industry
Industry Median: 0.58 vs LTS:0J3X: 0.55

Cofinimmo/NV Equity-to-Asset Historical Data

The historical data trend for Cofinimmo/NV'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.

Cofinimmo/NV Equity-to-Asset Chart

Cofinimmo/NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.49 0.52 0.54 0.54

Cofinimmo/NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.52 0.51 0.54 0.55

Competitive Comparison of Cofinimmo/NV's Equity-to-Asset

For the REIT - Healthcare Facilities subindustry, Cofinimmo/NV'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.


Cofinimmo/NV's Equity-to-Asset Distribution in the REITs Industry

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

* The bar in red indicates where Cofinimmo/NV's Equity-to-Asset falls into.



Cofinimmo/NV 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.

Cofinimmo/NV'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
=3623.262/6691.421
=0.54

Cofinimmo/NV's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=3641.079/6662.473
=0.55

* 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.


Cofinimmo/NV  (LTS:0J3X) 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%.


Cofinimmo/NV Equity-to-Asset Related Terms

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


Cofinimmo/NV Business Description

Traded in Other Exchanges
Address
58 Boulevard de la Woluwedal, Brussels, BEL, 1200
Cofinimmo SA/NV is a Belgian real estate company primarily engaged in the ownership and management of the rental property in Western Europe. The vast majority of Cofinimmo's properties are split between office and healthcare purposes. The remainder is mainly restaurants, pubs, and insurance agencies. Most of Cofinimmo's assets are located in Belgium, while France is also home to a substantial share. The company's major tenants include healthcare firms, pubs and restaurants, banks, and insurance firms. Cofinimmo generates nearly all of its revenue through rental income. The company's healthcare and restaurant tenants typically sign long-term leases, while its office tenants generally elect for short-term agreements.

Cofinimmo/NV Headlines

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