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Skyline Investments (XTAE:SKLN) Equity-to-Asset : 0.40 (As of Sep. 2024)


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What is Skyline Investments Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Skyline Investments's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₪478.7 Mil. Skyline Investments's Total Assets for the quarter that ended in Sep. 2024 was ₪1,189.5 Mil. Therefore, Skyline Investments's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.40.

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

XTAE:SKLN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34   Med: 0.4   Max: 0.48
Current: 0.4

During the past 12 years, the highest Equity to Asset Ratio of Skyline Investments was 0.48. The lowest was 0.34. And the median was 0.40.

XTAE:SKLN's Equity-to-Asset is ranked worse than
58.22% of 833 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs XTAE:SKLN: 0.40

Skyline Investments Equity-to-Asset Historical Data

The historical data trend for Skyline Investments'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.

Skyline Investments Equity-to-Asset Chart

Skyline Investments 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 0.37 0.35 0.46 0.46 0.37

Skyline Investments Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 0.43 0.39 0.37 0.35 0.40

Competitive Comparison of Skyline Investments's Equity-to-Asset

For the Lodging subindustry, Skyline Investments'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.


Skyline Investments's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Skyline Investments's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Skyline Investments's Equity-to-Asset falls into.



Skyline Investments 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.

Skyline Investments'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
=630.324/1719.332
=0.37

Skyline Investments's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=478.65/1189.53
=0.40

* 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.


Skyline Investments  (XTAE:SKLN) 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%.


Skyline Investments Equity-to-Asset Related Terms

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


Skyline Investments Business Description

Traded in Other Exchanges
N/A
Address
43 Colborne Street, Suite 300, Toronto, ON, CAN, M5E 1E3
Skyline Investments Inc is a Canada-based company that operates in hospitality real estate investments in the United States and Canada. The company and its subsidiaries are involved in the acquisition, ownership, and development of hospitality and destination communities in Ontario and the United States. Its business segment comprises US hotels and resorts, Canadian hotels and resorts, and Development. It generates maximum revenue from the US hotels and resorts segment.

Skyline Investments Headlines

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