HomeCo Daily Needs REIT (ASX:HDN) Equity-to-Asset : 0.61 (As of Dec. 2024)

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What is HomeCo Daily Needs REIT Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. HomeCo Daily Needs REIT's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$3,023.3 Mil. HomeCo Daily Needs REIT's Total Assets for the quarter that ended in Dec. 2024 was A$4,953.7 Mil. Therefore, HomeCo Daily Needs REIT's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.61.

The historical rank and industry rank for HomeCo Daily Needs REIT's Equity-to-Asset or its related term are showing as below:

ASX:HDN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61 Med: 0.63 Max: 0.66
Current: 0.61

During the past 3 years, the highest Equity to Asset Ratio of HomeCo Daily Needs REIT was 0.66. The lowest was 0.61. And the median was 0.63.

ASX:HDN's Equity-to-Asset is ranked better than
56% of 941 companies
in the REITs industry
Industry Median: 0.58 vs ASX:HDN: 0.61

HomeCo Daily Needs REIT Equity-to-Asset Historical Data

The historical data trend for HomeCo Daily Needs 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.

HomeCo Daily Needs REIT Equity-to-Asset Chart

HomeCo Daily Needs REIT Annual Data

Trend

Jun22

Jun23

Jun24

Equity-to-Asset

0.65

0.64

0.63

HomeCo Daily Needs REIT Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Equity-to-Asset	Get a 7-Day Free Trial			0.66	0.64	0.63	0.63	0.61

Competitive Comparison of HomeCo Daily Needs REIT's Equity-to-Asset

For the REIT - Retail subindustry, HomeCo Daily Needs 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.

HomeCo Daily Needs REIT's Equity-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, HomeCo Daily Needs REIT's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where HomeCo Daily Needs REIT's Equity-to-Asset falls into.

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HomeCo Daily Needs 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.

HomeCo Daily Needs REIT's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	2992.5	/	4786.3
	=	0.63

HomeCo Daily Needs REIT's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	3023.3	/	4953.7
	=	0.61

HomeCo Daily Needs REIT (ASX:HDN) 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%.

HomeCo Daily Needs REIT Equity-to-Asset Related Terms

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HomeCo Daily Needs REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » HomeCo Daily Needs REIT (ASX:HDN) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gateway, Level 7, 1 Macquarie Place, Sydney, NSW, AUS, 2000

Website

https://www.hmccapital.com.au

HomeCo Daily Needs REIT is an externally managed property trust run by HMC Capital which also runs HealthCo Healthcare and Wellness REIT and unlisted funds. The company generates revenue from Property rental and Other property income. The company invests in convenience-based assets across the target sub-sectors of Neighbourhood Retail, Large Format Retail, and Health & Services.

HomeCo Daily Needs REIT Headlines

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