UNITE Group (UNITE Group) Equity-to-Asset : 0.74 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is UNITE Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. UNITE Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,148.1 Mil. UNITE Group's Total Assets for the quarter that ended in Dec. 2023 was $6,925.2 Mil. Therefore, UNITE Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.74.

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

UTGPF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58 Med: 0.7 Max: 0.74
Current: 0.74

During the past 13 years, the highest Equity to Asset Ratio of UNITE Group was 0.74. The lowest was 0.58. And the median was 0.70.

UTGPF's Equity-to-Asset is ranked better than
73.92% of 859 companies
in the REITs industry
Industry Median: 0.57 vs UTGPF: 0.74

UNITE Group Equity-to-Asset Historical Data

The historical data trend for UNITE Group'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.

UNITE Group Equity-to-Asset Chart

UNITE Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

Get a 7-Day Free Trial

0.61

0.62

0.70

0.74

UNITE Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.70	0.70	0.70	0.70	0.74

Competitive Comparison of UNITE Group's Equity-to-Asset

For the REIT - Diversified subindustry, UNITE Group'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.

UNITE Group's Equity-to-Asset Distribution in the REITs Industry

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

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

UNITE Group 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.

UNITE Group'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
	=	5148.101	/	6925.19
	=	0.74

UNITE Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	5148.101	/	6925.19
	=	0.74

UNITE Group (OTCPK:UTGPF) 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%.

UNITE Group Equity-to-Asset Related Terms

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

UNITE Group (UNITE Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » UNITE Group PLC (OTCPK:UTGPF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

UTGl:UK UTG:UK

Address

South Quay House, Temple Back, Bristol, GBR, BS1 6FL

Website

https://www.unite-group.co.uk

UNITE Group PLC develops and operates student housing. It has nearly 150 properties in the United Kingdom that can accommodate almost 50,000 students. Nearly 20% of its rental capacity is in London. The company rents rooms both directly to students and through partnerships with more than 50 universities. Properties often have communal kitchens and other common rooms. Rental income typically provides a portion of the company's revenue. The company also generates revenue from management and development fees and from property sales.