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Elanor Commercial Property Fund (ASX:ECF) Equity-to-Asset : 0.55 (As of Dec. 2023)


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What is Elanor Commercial Property Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Elanor Commercial Property Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$281.13 Mil. Elanor Commercial Property Fund's Total Assets for the quarter that ended in Dec. 2023 was A$508.01 Mil. Therefore, Elanor Commercial Property Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.55.

The historical rank and industry rank for Elanor Commercial Property Fund's Equity-to-Asset or its related term are showing as below:

ASX:ECF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.55   Med: 0.62   Max: 0.78
Current: 0.55

During the past 5 years, the highest Equity to Asset Ratio of Elanor Commercial Property Fund was 0.78. The lowest was 0.55. And the median was 0.62.

ASX:ECF's Equity-to-Asset is ranked better than
66.14% of 1837 companies
in the Real Estate industry
Industry Median: 0.44 vs ASX:ECF: 0.55

Elanor Commercial Property Fund Equity-to-Asset Historical Data

The historical data trend for Elanor Commercial Property Fund'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.

Elanor Commercial Property Fund Equity-to-Asset Chart

Elanor Commercial Property Fund Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
0.78 0.62 0.62 0.65 0.61

Elanor Commercial Property Fund Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.63 0.65 0.60 0.61 0.55

Competitive Comparison of Elanor Commercial Property Fund's Equity-to-Asset

For the Real Estate Services subindustry, Elanor Commercial Property Fund'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.


Elanor Commercial Property Fund's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Elanor Commercial Property Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Elanor Commercial Property Fund's Equity-to-Asset falls into.



Elanor Commercial Property Fund 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.

Elanor Commercial Property Fund'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
=317.799/524.757
=0.61

Elanor Commercial Property Fund'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
=281.126/508.011
=0.55

* 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.


Elanor Commercial Property Fund  (ASX:ECF) 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%.


Elanor Commercial Property Fund Equity-to-Asset Related Terms

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


Elanor Commercial Property Fund (ASX:ECF) Business Description

Traded in Other Exchanges
N/A
Address
259 George Street, Level 38, Sydney, NSW, AUS, 2000
Elanor Commercial Property Fund is engaged in the Australian real estate investment and funds management business. The key investment sector focuses are the commercial real estate, retail real estate and the hotels, tourism and leisure sectors. The only operating business segment, being the investment in commercial properties in Australia. The company derives maximum revenue generated from a diversified portfolio of Government, Multinational and ASX listed tenants.

Elanor Commercial Property Fund (ASX:ECF) Headlines