Mindspace Business Parks REIT (NSE:MINDSPACE) Equity-to-Asset: 0.48 (As of Mar. 2026) — Near Median

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NSE:MINDSPACE Mindspace Business Parks REIT NSE:MINDSPACE
83 GF Score
Price ₹494.98
GF Value ₹504.50
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Mindspace Business Parks REIT Equity-to-Asset?

Mindspace Business Parks REIT NSE:MINDSPACE -0.60% 83 Equity-to-Asset is 0.48 as of Mar. 2026, which is 8% below its 10-year median of 0.52. GuruFocus rates NSE:MINDSPACE with a GF Score™ of 83/100 and a GF Value™ of ₹504.50 (Fairly Valued). The stock has 7 warning signs investors should review. Among 928 REITs companies, Mindspace Business Parks REIT ranks worse than 69.4% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mindspace Business Parks REIT's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹150,468 Mil. Mindspace Business Parks REIT's Total Assets for the quarter that ended in Mar. 2026 was ₹316,325 Mil. Therefore, Mindspace Business Parks REIT's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.48.

The historical rank and industry rank for Mindspace Business Parks REIT's Equity-to-Asset or its related term are showing as below:

NSE:MINDSPACE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.52   Max: 0.73
Current: 0.48

During the past 9 years, the highest Equity to Asset Ratio of Mindspace Business Parks REIT was 0.73. The lowest was 0.15. And the median was 0.52.

NSE:MINDSPACE's Equity-to-Asset is ranked worse than
69.4% of 928 companies
in the REITs industry
Industry Median: 0.59 vs NSE:MINDSPACE: 0.48

Mindspace Business Parks REIT  (NSE:MINDSPACE) 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%.


Mindspace Business Parks REIT Equity-to-Asset Related Terms


Mindspace Business Parks REIT Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Mindspace Business Parks 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.

Mindspace Business Parks REIT Equity-to-Asset Chart

Mindspace Business Parks REIT Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.70 0.65 0.59 0.52 0.48

Mindspace Business Parks REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.52 0.00 0.48 0.00 0.48

NSE:MINDSPACE vs BXP, ARE, VNO: Equity-to-Asset Comparison

For the REIT - Office subindustry, Mindspace Business Parks 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.


Mindspace Business Parks REIT Equity-to-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Mindspace Business Parks REIT's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Mindspace Business Parks REIT's Equity-to-Asset falls into.


NSE:MINDSPACE
83GF Score
Mindspace Business Parks REIT NSE:MINDSPACE
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mindspace Business Parks 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.

Mindspace Business Parks REIT's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Equity to Asset (A: Mar. 2026 )=Total Stockholders Equity/Total Assets
=150468.19/316325.19
=0.48

Mindspace Business Parks REIT's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=150468.19/316325.19
=0.48

* 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 0.48 mean?
Mindspace Business Parks REIT (NSE:MINDSPACE) has a Equity-to-Asset of 0.48 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Mindspace Business Parks REIT and its competitors. This is near median its historical median of 0.52. Over the past decade, Mindspace Business Parks REIT's Equity-to-Asset has ranged from 0.15 to 0.73. According to the industry distribution chart, Mindspace Business Parks REIT ranks #644 out of 928 companies in the REITs industry, placing it in the top 69.4%.
Is Mindspace Business Parks REIT's Equity-to-Asset too high?
Mindspace Business Parks REIT's current Equity-to-Asset of 0.48 is near median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.73. The REITs industry median Equity-to-Asset is 0.59. Mindspace Business Parks REIT's value of 0.48 is 18.6% below this industry median. Based on the distribution chart, Mindspace Business Parks REIT ranks #644 out of 928 companies in the REITs industry, which is below the industry midpoint. Overall, Mindspace Business Parks REIT has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mindspace Business Parks REIT's Equity-to-Asset compare to BXP and ARE?
According to the REITs industry distribution chart, Mindspace Business Parks REIT ranks #644 out of 928 companies for Equity-to-Asset. This places Mindspace Business Parks REIT in the lower half of its industry. The industry median Equity-to-Asset is 0.59. Mindspace Business Parks REIT's value of 0.48 is 18.6% below this benchmark. Historically, Mindspace Business Parks REIT's own Equity-to-Asset has ranged from 0.15 to 0.73 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.59, Mindspace Business Parks REIT has consistently been below 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 928 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. Mindspace Business Parks REIT's current Equity-to-Asset of 0.48 is 18.6% below 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 Mindspace Business Parks REIT 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. Mindspace Business Parks REIT's current Equity-to-Asset is 0.48, which is near median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mindspace Business Parks REIT stock overvalued right now?
Based on GuruFocus' analysis, Mindspace Business Parks REIT (NSE:MINDSPACE) is currently considered Fairly Valued. The stock's GF Value™ is ₹504.50, compared to a current price of ₹494.98 — trading 1.9% below its estimated fair value. The current Equity-to-Asset is 0.48, which is near median its 10-year median of 0.52 and 18.6% below the REITs industry median of 0.59. Mindspace Business Parks REIT's overall GF Score™ is 83/100 with 7 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 Mindspace Business Parks REIT (NSE:MINDSPACE), the current Equity-to-Asset is 0.48 as of Mar. 2026. 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.

Is Mindspace Business Parks REIT (NSE:MINDSPACE) Overvalued in 2026?

Based on GuruFocus' analysis, Mindspace Business Parks REIT stock appears to be undervalued. The current stock price of ₹494.98 is trading 1.9% below its estimated GF Value™ of ₹504.50. GuruFocus considers Mindspace Business Parks REIT to be Fairly Valued.

Key valuation signals for NSE:MINDSPACE:

  • Equity-to-Asset: 0.48 (near median its 10-year median of 0.52)
  • GF Value™: ₹504.50 vs. price of ₹494.98 (1.9% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 18.6% below the REITs median (#644 of 928)

No single metric tells the full story. See the NSE:MINDSPACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mindspace Business Parks REIT Business Description

Industry Real EstateREITs
Other Exchanges 543217:India
Address Plot No. C-30, Raheja Tower, Level 8, Block G, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400051
Mindspace Business Parks REIT is a real estate investment company. It owns an office portfolio located in four key office markets such as Mumbai Region, Hyderabad, Pune, and Chennai in India. The company's portfolio has several integrated business parks with superior infrastructure and amenities (such as restaurants, creches, and outdoor sports arenas) and five quality independent offices.
83GF Score

Get the complete analysis for NSE:MINDSPACE

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹494.98
Price
₹504.50
GF Value