Sagicor Real Estate X Fund (XJAM:XFUND) Equity-to-Asset : 0.67 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Sagicor Real Estate X Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sagicor Real Estate X Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was JMD20,828 Mil. Sagicor Real Estate X Fund's Total Assets for the quarter that ended in Dec. 2023 was JMD30,911 Mil. Therefore, Sagicor Real Estate X Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.67.

The historical rank and industry rank for Sagicor Real Estate X Fund's Equity-to-Asset or its related term are showing as below:

XJAM:XFUND' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53 Med: 0.67 Max: 0.67
Current: 0.67

During the past 3 years, the highest Equity to Asset Ratio of Sagicor Real Estate X Fund was 0.67. The lowest was 0.53. And the median was 0.67.

XJAM:XFUND's Equity-to-Asset is ranked better than
78.22% of 1832 companies
in the Real Estate industry
Industry Median: 0.44 vs XJAM:XFUND: 0.67

Sagicor Real Estate X Fund Equity-to-Asset Historical Data

The historical data trend for Sagicor Real Estate X 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.

Sagicor Real Estate X Fund Equity-to-Asset Chart

Sagicor Real Estate X Fund Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

0.53

0.67

Sagicor Real Estate X Fund Semi-Annual Data
	Dec21	Dec22	Dec23
Equity-to-Asset	0.53	0.67	0.67

Competitive Comparison of Sagicor Real Estate X Fund's Equity-to-Asset

For the Real Estate - Development subindustry, Sagicor Real Estate X 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.

Sagicor Real Estate X Fund's Equity-to-Asset Distribution in the Real Estate Industry

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

* The bar in red indicates where Sagicor Real Estate X Fund's Equity-to-Asset falls into.

Sagicor Real Estate X 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.

Sagicor Real Estate X 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
	=	20828.333	/	30910.711
	=	0.67

Sagicor Real Estate X Fund'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
	=	20828.333	/	30910.711
	=	0.67

Sagicor Real Estate X Fund (XJAM:XFUND) 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%.

Sagicor Real Estate X Fund Equity-to-Asset Related Terms

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

Sagicor Real Estate X Fund (XJAM:XFUND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sagicor Real Estate X Fund Ltd (XJAM:XFUND) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

28-48 Barbados Avenue, Kingston, 5, Jamaica, JAM

Website

https://www.sagicor.com

Sagicor Real Estate X Fund Ltd specializes in real estate investments. The Company's main business activity is to invest in hotel and commercial real estate activities. The Group is organized into two primary business segments: (a) Hotel operations direct ownership and operation of hotels. (b) Indirect hotel operations and commercial indirect investment in real estate via the Sagicor Sigma Global Funds and Jamziv. The wind-up of Jamziv was completed in 2022. (c) Other - comprises other investment assets and other liabilities.

Sagicor Real Estate X Fund (XJAM:XFUND) Headlines

No Headlines