Fairvest (JSE:FTB) Equity-to-Asset : 0.61 (As of Sep. 2023)

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What is Fairvest Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fairvest's Total Stockholders Equity for the quarter that ended in Sep. 2023 was R7,713 Mil. Fairvest's Total Assets for the quarter that ended in Sep. 2023 was R12,634 Mil. Therefore, Fairvest's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.61.

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

JSE:FTB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.6 Med: 0.6 Max: 0.61
Current: 0.61

During the past 2 years, the highest Equity to Asset Ratio of Fairvest was 0.61. The lowest was 0.60. And the median was 0.60.

JSE:FTB's Equity-to-Asset is ranked better than
58.4% of 863 companies
in the REITs industry
Industry Median: 0.57 vs JSE:FTB: 0.61

Fairvest Equity-to-Asset Historical Data

The historical data trend for Fairvest'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.

Fairvest Equity-to-Asset Chart

Fairvest Annual Data

Trend

Jun21

Sep23

Equity-to-Asset

0.60

0.61

Fairvest Semi-Annual Data
	Jun21	Mar23	Sep23
Equity-to-Asset	0.60	0.51	0.61

Competitive Comparison of Fairvest's Equity-to-Asset

For the REIT - Retail subindustry, Fairvest'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.

Fairvest's Equity-to-Asset Distribution in the REITs Industry

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

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

Fairvest 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.

Fairvest's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	7713.474	/	12634.486
	=	0.61

Fairvest's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	7713.474	/	12634.486
	=	0.61

Fairvest (JSE:FTB) 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%.

Fairvest Equity-to-Asset Related Terms

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

Fairvest (JSE:FTB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fairvest Ltd (JSE:FTB) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

FTA:South Africa 2T20:Germany

Address

34 Bree Street, 8th Floor, The Terraces, Cape Town, WC, ZAF, 8001

Website

https://www.fairvest.co.za

Fairvest Ltd is a real estate investment trust investing in the quality retail asset. The fairvest property portfolio consists of properties across South Africa. It has five operating segments Office, Industrial, Retail, Residential & Overhead. The majority is from the Retail segment. Geographically, it is located in South Africa.

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