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Shinhan Alpha REIT (XKRX:293940) Equity-to-Asset : 0.27 (As of Dec. 2023)


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What is Shinhan Alpha REIT Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shinhan Alpha REIT's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩533,380 Mil. Shinhan Alpha REIT's Total Assets for the quarter that ended in Dec. 2023 was ₩1,997,163 Mil. Therefore, Shinhan Alpha REIT's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.27.

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

XKRX:293940' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.27   Max: 0.4
Current: 0.27

During the past 7 years, the highest Equity to Asset Ratio of Shinhan Alpha REIT was 0.40. The lowest was 0.15. And the median was 0.27.

XKRX:293940's Equity-to-Asset is ranked worse than
90.61% of 863 companies
in the REITs industry
Industry Median: 0.57 vs XKRX:293940: 0.27

Shinhan Alpha REIT Equity-to-Asset Historical Data

The historical data trend for Shinhan Alpha 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.

Shinhan Alpha REIT Equity-to-Asset Chart

Shinhan Alpha REIT Annual Data
Trend Sep18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial 0.34 0.19 0.15 0.22 0.27

Shinhan Alpha REIT Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.22 0.22 0.25 0.27

Competitive Comparison of Shinhan Alpha REIT's Equity-to-Asset

For the REIT - Office subindustry, Shinhan Alpha 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.


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

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

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



Shinhan Alpha 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.

Shinhan Alpha REIT's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=535648.317/2004292.845
=0.27

Shinhan Alpha REIT'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
=533379.974/1997162.821
=0.27

* 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.


Shinhan Alpha REIT  (XKRX:293940) 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%.


Shinhan Alpha REIT Equity-to-Asset Related Terms

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Shinhan Alpha REIT (XKRX:293940) Business Description

Traded in Other Exchanges
N/A
Address
Jongno 33, Jongno-gu, Seoul, KOR
Shinhan Alpha REIT is a Korean based company engaged in providing real estate services.

Shinhan Alpha REIT (XKRX:293940) Headlines

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