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Alwaha REIT Fund (SAU:9300) Equity-to-Asset : 0.97 (As of Jun. 2024)


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What is Alwaha REIT Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alwaha REIT Fund's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ﷼157.82 Mil. Alwaha REIT Fund's Total Assets for the quarter that ended in Jun. 2024 was ﷼163.11 Mil. Therefore, Alwaha REIT Fund's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.97.

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

SAU:9300' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.96   Med: 0.96   Max: 0.97
Current: 0.97

During the past 1 years, the highest Equity to Asset Ratio of Alwaha REIT Fund was 0.97. The lowest was 0.96. And the median was 0.96.

SAU:9300's Equity-to-Asset is ranked better than
88.35% of 927 companies
in the REITs industry
Industry Median: 0.57 vs SAU:9300: 0.97

Alwaha REIT Fund Equity-to-Asset Historical Data

The historical data trend for Alwaha REIT 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.

* Premium members only.

Alwaha REIT Fund Equity-to-Asset Chart

Alwaha REIT Fund Annual Data
Trend Dec23
Equity-to-Asset
0.96

Alwaha REIT Fund Semi-Annual Data
Dec23 Jun24
Equity-to-Asset 0.96 0.97

Competitive Comparison of Alwaha REIT Fund's Equity-to-Asset

For the REIT - Diversified subindustry, Alwaha REIT 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.


Alwaha REIT Fund's Equity-to-Asset Distribution in the REITs Industry

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

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


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Alwaha REIT 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.

Alwaha REIT Fund'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
=157.166/164.569
=

Alwaha REIT Fund'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
=157.818/163.111
=0.97

* 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.


Alwaha REIT Fund  (SAU:9300) 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%.


Alwaha REIT Fund Equity-to-Asset Related Terms

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


Alwaha REIT Fund Business Description

Traded in Other Exchanges
N/A
Address
Street Al Olaya, Building No. 7459, Secondary No. 2207, Al Muruj District, Riyadh, SAU, 12283
Alwaha REIT Fund is a closed-ended sharia-compliant real estate investment traded fund. The investment objective of the Fund is to invest in structurally developed real estate properties, capable of achieving periodic and rental income, and to distribute a percentage not less than 90% of the annual net profits of the Fund as cash dividends to the unitholders during the period of the Fund.

Alwaha REIT Fund Headlines

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