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Equity Commonwealth (Equity Commonwealth) Equity-to-Asset : 0.98 (As of Dec. 2023)


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What is Equity Commonwealth Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Equity Commonwealth's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,385.07 Mil. Equity Commonwealth's Total Assets for the quarter that ended in Dec. 2023 was $2,425.04 Mil. Therefore, Equity Commonwealth's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.98.

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

EQCPRECL.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58   Med: 0.94   Max: 0.99
Current: 0.98

During the past 13 years, the highest Equity to Asset Ratio of Equity Commonwealth was 0.99. The lowest was 0.58. And the median was 0.94.

EQCPRECL.PFD's Equity-to-Asset is ranked better than
91.19% of 863 companies
in the REITs industry
Industry Median: 0.57 vs EQCPRECL.PFD: 0.98

Equity Commonwealth Equity-to-Asset Historical Data

The historical data trend for Equity Commonwealth'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.

Equity Commonwealth Equity-to-Asset Chart

Equity Commonwealth Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.99 0.99 0.99 0.98

Equity Commonwealth 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 Get a 7-Day Free Trial 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 0.99 0.98 0.98 0.98 0.98

Competitive Comparison of Equity Commonwealth's Equity-to-Asset

For the REIT - Office subindustry, Equity Commonwealth'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.


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

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

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



Equity Commonwealth 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.

Equity Commonwealth'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
=2385.067/2425.041
=0.98

Equity Commonwealth'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
=2385.067/2425.041
=0.98

* 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.


Equity Commonwealth  (NYSE:EQCPRECL.PFD) 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%.


Equity Commonwealth Equity-to-Asset Related Terms

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


Equity Commonwealth (Equity Commonwealth) Business Description

Traded in Other Exchanges
Address
Two North Riverside Plaza, Suite 2100, Chicago, IL, USA, 60606
Equity Commonwealth is a real estate investment trust engaged in the acquisition, ownership, and operation of primarily office buildings located throughout the United States. The vast majority of the company's real estate portfolio comprises office assets. These properties are fairly evenly dispersed between many of America's major urban markets, notably Washington, Austin, and Denver. Equity Commonwealth derives the vast majority of its income in the form of rental revenue from tenants occupying its offices. The company's largest tenants in terms of revenue generation include a variety of hiking, household goods, publishing, and financial firms.

Equity Commonwealth (Equity Commonwealth) Headlines