Tokaido REIT (TSE:2989) Equity-to-Asset : 0.50 (As of Jul. 2023)

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What is Tokaido REIT Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tokaido REIT's Total Stockholders Equity for the quarter that ended in Jul. 2023 was 円25,037 Mil. Tokaido REIT's Total Assets for the quarter that ended in Jul. 2023 was 円50,038 Mil. Therefore, Tokaido REIT's Equity to Asset Ratio for the quarter that ended in Jul. 2023 was 0.50.

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

TSE:2989' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5 Med: 0.5 Max: 0.51
Current: 0.5

During the past 3 years, the highest Equity to Asset Ratio of Tokaido REIT was 0.51. The lowest was 0.50. And the median was 0.50.

TSE:2989's Equity-to-Asset is ranked worse than
63.64% of 858 companies
in the REITs industry
Industry Median: 0.57 vs TSE:2989: 0.50

Tokaido REIT Equity-to-Asset Historical Data

The historical data trend for Tokaido 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.

Tokaido REIT Equity-to-Asset Chart

Tokaido REIT Annual Data

Trend

Jul21

Jan22

Jul23

Equity-to-Asset

0.50

0.51

0.50

Tokaido REIT Semi-Annual Data
	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Equity-to-Asset	Get a 7-Day Free Trial			0.51	0.51	0.50	0.50	-

Competitive Comparison of Tokaido REIT's Equity-to-Asset

For the REIT - Diversified subindustry, Tokaido 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.

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

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

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

Tokaido 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.

Tokaido REIT's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	25036.986	/	50037.911
	=	0.50

Tokaido REIT's Equity to Asset Ratio for the quarter that ended in Jul. 2023 is calculated as

Equity to Asset (Q: Jul. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	25036.986	/	50037.911
	=	0.50

Tokaido REIT (TSE:2989) 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%.

Tokaido REIT Equity-to-Asset Related Terms

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

Tokaido REIT (TSE:2989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tokaido REIT Inc (TSE:2989) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-14-3 Nagatacho, Chiyoda-ku, Tokyo, JPN, 100-0014

Website

Tokaido REIT Inc is a real estate investment trust that focuses on the Tokaido area, mainly Shizuoka, Aichi, and Mie prefectures. Its Investment targets are divided into two types including "Industrial infrastructure assets" targeting logistics facilities and office buildings, and "Living infrastructure assets" for residential and commercial facilities.

Tokaido REIT (TSE:2989) Headlines

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