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SOSiLA Logistics REIT (TSE:2979) Equity-to-Asset : 0.54 (As of Nov. 2023)


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What is SOSiLA Logistics REIT Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SOSiLA Logistics REIT's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円79,594 Mil. SOSiLA Logistics REIT's Total Assets for the quarter that ended in Nov. 2023 was 円146,983 Mil. Therefore, SOSiLA Logistics REIT's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.54.

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

TSE:2979' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54   Med: 0.58   Max: 0.62
Current: 0.54

During the past 4 years, the highest Equity to Asset Ratio of SOSiLA Logistics REIT was 0.62. The lowest was 0.54. And the median was 0.58.

TSE:2979's Equity-to-Asset is ranked worse than
55.34% of 862 companies
in the REITs industry
Industry Median: 0.57 vs TSE:2979: 0.54

SOSiLA Logistics REIT Equity-to-Asset Historical Data

The historical data trend for SOSiLA Logistics 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.

SOSiLA Logistics REIT Equity-to-Asset Chart

SOSiLA Logistics REIT Annual Data
Trend Nov19 Nov20 Nov21 Nov22
Equity-to-Asset
0.99 0.62 0.57 0.58

SOSiLA Logistics REIT Semi-Annual Data
Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Equity-to-Asset Get a 7-Day Free Trial 0.57 0.58 0.58 0.55 0.54

Competitive Comparison of SOSiLA Logistics REIT's Equity-to-Asset

For the REIT - Industrial subindustry, SOSiLA Logistics 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.


SOSiLA Logistics REIT's Equity-to-Asset Distribution in the REITs Industry

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

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



SOSiLA Logistics 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.

SOSiLA Logistics REIT's Equity to Asset Ratio for the fiscal year that ended in Nov. 2022 is calculated as

Equity to Asset (A: Nov. 2022 )=Total Stockholders Equity/Total Assets
=73878.393/127673.46
=0.58

SOSiLA Logistics REIT's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=79594.339/146982.608
=0.54

* 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.


SOSiLA Logistics REIT  (TSE:2979) 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%.


SOSiLA Logistics REIT Equity-to-Asset Related Terms

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SOSiLA Logistics REIT (TSE:2979) Business Description

Traded in Other Exchanges
N/A
Address
Otemachi Place East Tower 2-3-2 Otemachi, Logistics Facilities Division, Chiyoda-ku, Tokyo, JPN
SOSiLA Logistics REIT Inc offers logistics services. It offers facility based on the three themes Sociability, Sustainability and Logistic Aspect considering the environment and sustainable growth; and people and the work environment.

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