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Hagag Group Real Estate Development (XTAE:HGG) Equity-to-Asset : 0.29 (As of Dec. 2023)


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What is Hagag Group Real Estate Development Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hagag Group Real Estate Development's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪1,113.5 Mil. Hagag Group Real Estate Development's Total Assets for the quarter that ended in Dec. 2023 was ₪3,808.7 Mil. Therefore, Hagag Group Real Estate Development's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.29.

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

XTAE:HGG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11   Med: 0.28   Max: 0.38
Current: 0.29

During the past 11 years, the highest Equity to Asset Ratio of Hagag Group Real Estate Development was 0.38. The lowest was 0.11. And the median was 0.28.

XTAE:HGG's Equity-to-Asset is ranked worse than
71.52% of 1833 companies
in the Real Estate industry
Industry Median: 0.44 vs XTAE:HGG: 0.29

Hagag Group Real Estate Development Equity-to-Asset Historical Data

The historical data trend for Hagag Group Real Estate Development'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.

Hagag Group Real Estate Development Equity-to-Asset Chart

Hagag Group Real Estate Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.35 0.28 0.28 0.29

Hagag Group Real Estate Development Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.28 0.27 0.27 0.27 0.29

Competitive Comparison of Hagag Group Real Estate Development's Equity-to-Asset

For the Real Estate Services subindustry, Hagag Group Real Estate Development'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.


Hagag Group Real Estate Development's Equity-to-Asset Distribution in the Real Estate Industry

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

* The bar in red indicates where Hagag Group Real Estate Development's Equity-to-Asset falls into.



Hagag Group Real Estate Development 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.

Hagag Group Real Estate Development'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
=1113.536/3808.735
=0.29

Hagag Group Real Estate Development'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
=1113.536/3808.735
=0.29

* 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.


Hagag Group Real Estate Development  (XTAE:HGG) 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%.


Hagag Group Real Estate Development Equity-to-Asset Related Terms

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Hagag Group Real Estate Development (XTAE:HGG) Business Description

Traded in Other Exchanges
N/A
Address
30 Ha'arba'a Street, Ha'arba'a Towers (Southern Tower), Tel Aviv, ISR, 67021
Hagag Group Real Estate Development Ltd. is engaged in the development, management and marketing of residential and commercial real estates. The company's projects include North Star - Meir Yaari 11, Master Piece - Netanya, Port TLV, H - Shadal, H-Tower Recital, Ha'gush Ha'gadol Einstein BLVD and H Bar Kohva Tower.

Hagag Group Real Estate Development (XTAE:HGG) Headlines

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