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Serrano 61 Desarrollo Socimi (XMAD:YSRR) Equity-to-Asset : 0.56 (As of Jun. 2024)


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What is Serrano 61 Desarrollo Socimi Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Serrano 61 Desarrollo Socimi's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €46.74 Mil. Serrano 61 Desarrollo Socimi's Total Assets for the quarter that ended in Jun. 2024 was €83.64 Mil. Therefore, Serrano 61 Desarrollo Socimi's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.56.

The historical rank and industry rank for Serrano 61 Desarrollo Socimi's Equity-to-Asset or its related term are showing as below:

XMAD:YSRR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.57   Max: 0.6
Current: 0.56

During the past 8 years, the highest Equity to Asset Ratio of Serrano 61 Desarrollo Socimi was 0.60. The lowest was 0.56. And the median was 0.57.

XMAD:YSRR's Equity-to-Asset is ranked worse than
51.4% of 926 companies
in the REITs industry
Industry Median: 0.57 vs XMAD:YSRR: 0.56

Serrano 61 Desarrollo Socimi Equity-to-Asset Historical Data

The historical data trend for Serrano 61 Desarrollo Socimi'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.

Serrano 61 Desarrollo Socimi Equity-to-Asset Chart

Serrano 61 Desarrollo Socimi Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.59 0.58 0.57 0.56 0.56

Serrano 61 Desarrollo Socimi Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 0.56 0.56 0.56 0.56 0.56

Competitive Comparison of Serrano 61 Desarrollo Socimi's Equity-to-Asset

For the REIT - Retail subindustry, Serrano 61 Desarrollo Socimi'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.


Serrano 61 Desarrollo Socimi's Equity-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Serrano 61 Desarrollo Socimi's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Serrano 61 Desarrollo Socimi's Equity-to-Asset falls into.


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Serrano 61 Desarrollo Socimi 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.

Serrano 61 Desarrollo Socimi'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
=47.676/85.031
=0.56

Serrano 61 Desarrollo Socimi'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
=46.736/83.638
=0.56

* 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.


Serrano 61 Desarrollo Socimi  (XMAD:YSRR) 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%.


Serrano 61 Desarrollo Socimi Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Serrano 61 Desarrollo Socimi's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Serrano 61 Desarrollo Socimi Business Description

Traded in Other Exchanges
N/A
Address
Calle Serrano 61, Madrid, ESP, 28006
Serrano 61 Desarrollo Socimi SA is s real estate investment fund. The company focuses its investments in the retail sector like shopping malls and parking spaces.

Serrano 61 Desarrollo Socimi Headlines

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