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IGB Commercial REIT (XKLS:5299) Equity-to-Asset : 0.70 (As of Jun. 2024)


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What is IGB Commercial REIT Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. IGB Commercial REIT's Total Stockholders Equity for the quarter that ended in Jun. 2024 was RM2,293.8 Mil. IGB Commercial REIT's Total Assets for the quarter that ended in Jun. 2024 was RM3,273.9 Mil. Therefore, IGB Commercial REIT's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.70.

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

XKLS:5299' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.7   Med: 0.7   Max: 0.71
Current: 0.7

During the past 6 years, the highest Equity to Asset Ratio of IGB Commercial REIT was 0.71. The lowest was 0.70. And the median was 0.70.

XKLS:5299's Equity-to-Asset is ranked better than
70.53% of 872 companies
in the REITs industry
Industry Median: 0.56 vs XKLS:5299: 0.70

IGB Commercial REIT Equity-to-Asset Historical Data

The historical data trend for IGB Commercial 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.

IGB Commercial REIT Equity-to-Asset Chart

IGB Commercial REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial - - 0.70 0.70 0.70

IGB Commercial REIT Quarterly Data
Dec18 Dec19 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.71 0.70 0.70 0.70

Competitive Comparison of IGB Commercial REIT's Equity-to-Asset

For the REIT - Office subindustry, IGB Commercial 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.


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

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

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



IGB Commercial 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.

IGB Commercial REIT'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
=2296.062/3295.903
=0.70

IGB Commercial REIT'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
=2293.773/3273.91
=0.70

* 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.


IGB Commercial REIT  (XKLS:5299) 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%.


IGB Commercial REIT Equity-to-Asset Related Terms

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


IGB Commercial REIT Business Description

Traded in Other Exchanges
N/A
Address
Lingkaran Syed Putra, Level 32, The Gardens South Tower, Mid Valley City, Kuala Lumpur, SGR, MYS, 59200
IGB Commercial REIT is established with the investment strategy of principally investing, directly and indirectly, in commercial assets and real estate-related assets in Malaysia and overseas. The company's initial portfolio consists of several commercial buildings strategically located in the Klang Valley.

IGB Commercial REIT Headlines

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