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Dexus Convenience Retail REIT (ASX:DXC) Equity-to-Asset : 0.29 (As of Dec. 2023)


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What is Dexus Convenience Retail REIT Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dexus Convenience Retail REIT's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$219.91 Mil. Dexus Convenience Retail REIT's Total Assets for the quarter that ended in Dec. 2023 was A$769.04 Mil. Therefore, Dexus Convenience Retail REIT's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.29.

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

ASX:DXC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.65   Max: 0.8
Current: 0.29

During the past 6 years, the highest Equity to Asset Ratio of Dexus Convenience Retail REIT was 0.80. The lowest was 0.28. And the median was 0.65.

ASX:DXC's Equity-to-Asset is ranked worse than
89.53% of 860 companies
in the REITs industry
Industry Median: 0.57 vs ASX:DXC: 0.29

Dexus Convenience Retail REIT Equity-to-Asset Historical Data

The historical data trend for Dexus Convenience Retail 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.

Dexus Convenience Retail REIT Equity-to-Asset Chart

Dexus Convenience Retail REIT Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial 0.65 0.80 0.70 0.64 0.64

Dexus Convenience Retail REIT Semi-Annual Data
Dec17 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 Premium Member Only 0.65 0.64 0.28 0.64 0.29

Competitive Comparison of Dexus Convenience Retail REIT's Equity-to-Asset

For the REIT - Retail subindustry, Dexus Convenience Retail 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.


Dexus Convenience Retail REIT's Equity-to-Asset Distribution in the REITs Industry

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

* The bar in red indicates where Dexus Convenience Retail REIT's Equity-to-Asset falls into.



Dexus Convenience Retail 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.

Dexus Convenience Retail REIT's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=516.383/802.863
=0.64

Dexus Convenience Retail 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
=219.907/769.038
=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.


Dexus Convenience Retail REIT  (ASX:DXC) 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%.


Dexus Convenience Retail REIT Equity-to-Asset Related Terms

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Dexus Convenience Retail REIT (ASX:DXC) Business Description

Traded in Other Exchanges
N/A
Address
50 Bridge Street, Level 30, Sydney, NSW, AUS, 2000
Dexus Convenience Retail REIT is an Australian real estate investment trust. The company owns a portfolio of service stations and convenience retail assets located across Australia. The company derives all income from investments in properties located in Australia. The principal investment objective of the group is to invest in convenience retail properties that provide investors with a high and consistent income distribution that maintains its real value for the life of the group.