GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mid-America Apartment Communities Inc (BSP:M1AA34) » Definitions » Equity-to-Asset

Mid-America Apartment Communities (BSP:M1AA34) Equity-to-Asset

: 0.53 (As of Dec. 2023)
View and export this data going back to 2020. Start your Free Trial

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mid-America Apartment Communities's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$29,954 Mil. Mid-America Apartment Communities's Total Assets for the quarter that ended in Dec. 2023 was R$56,272 Mil. Therefore, Mid-America Apartment Communities's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.53.

The historical rank and industry rank for Mid-America Apartment Communities's Equity-to-Asset or its related term are showing as below:

BSP:M1AA34' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43   Med: 0.53   Max: 0.55
Current: 0.53

During the past 13 years, the highest Equity to Asset Ratio of Mid-America Apartment Communities was 0.55. The lowest was 0.43. And the median was 0.53.

BSP:M1AA34's Equity-to-Asset is ranked worse than
56.68% of 868 companies
in the REITs industry
Industry Median: 0.57 vs BSP:M1AA34: 0.53

Mid-America Apartment Communities Equity-to-Asset Historical Data

The historical data trend for Mid-America Apartment Communities'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.

Mid-America Apartment Communities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.54 0.53 0.53 0.54 0.53

Mid-America Apartment Communities 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 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 Premium Member Only Premium Member Only Premium Member Only 0.54 0.55 0.54 0.54 0.53

Competitive Comparison

For the REIT - Residential subindustry, Mid-America Apartment Communities'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.


Mid-America Apartment Communities Equity-to-Asset Distribution

For the REITs industry and Real Estate sector, Mid-America Apartment Communities's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Mid-America Apartment Communities's Equity-to-Asset falls into.



Mid-America Apartment Communities 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.

Mid-America Apartment Communities'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
=29953.644/56271.768
=0.53

Mid-America Apartment Communities'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
=29953.644/56271.768
=0.53

* 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.


Mid-America Apartment Communities  (BSP:M1AA34) 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%.


Mid-America Apartment Communities Equity-to-Asset Related Terms

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


Mid-America Apartment Communities (BSP:M1AA34) Business Description

Traded in Other Exchanges
Address
6815 Poplar Avenue, Suite 500, Germantown, TN, USA, 38138
Mid-America Apartment Communities Inc, or MAA, is a real estate investment trust engaged in the acquisition, operation, and development of multifamily apartment communities located in southeastern and southwestern United States. Company operates two reportable segments; Same Store includes communities that the Company has owned and have been stabilized for at least a full 12 months as of the first day of the calendar year and Non-Same Store and Other includes recently acquired communities, communities being developed or in lease-up, communities that have been disposed of or identified for disposition, communities that have experienced a significant casualty loss and stabilized communities that do not meet the requirements to be Same Store communities. Key revenue comes from the Same Store.

Mid-America Apartment Communities (BSP:M1AA34) Headlines

No Headlines