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Spirit MTA REIT (Spirit MTA REIT) Equity-to-Asset : -0.01 (As of Jun. 2019)


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What is Spirit MTA REIT Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Spirit MTA REIT's Total Stockholders Equity for the quarter that ended in Jun. 2019 was $-24.6 Mil. Spirit MTA REIT's Total Assets for the quarter that ended in Jun. 2019 was $2,012.7 Mil. Therefore, Spirit MTA REIT's Equity to Asset Ratio for the quarter that ended in Jun. 2019 was -0.01.

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

SMTA's Equity-to-Asset is not ranked *
in the REITs industry.
Industry Median: 0.57
* Ranked among companies with meaningful Equity-to-Asset only.

Spirit MTA REIT Equity-to-Asset Historical Data

The historical data trend for Spirit MTA 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.

Spirit MTA REIT Equity-to-Asset Chart

Spirit MTA REIT Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Equity-to-Asset
- 0.41 0.17 0.03

Spirit MTA REIT Quarterly Data
Dec15 Dec16 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.15 0.14 0.03 0.01 -0.01

Competitive Comparison of Spirit MTA REIT's Equity-to-Asset

For the REIT - Diversified subindustry, Spirit MTA 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.


Spirit MTA REIT's Equity-to-Asset Distribution in the REITs Industry

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

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



Spirit MTA 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.

Spirit MTA REIT's Equity to Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Equity to Asset (A: Dec. 2018 )=Total Stockholders Equity/Total Assets
=65.54/2305.649
=0.03

Spirit MTA REIT's Equity to Asset Ratio for the quarter that ended in Jun. 2019 is calculated as

Equity to Asset (Q: Jun. 2019 )=Total Stockholders Equity/Total Assets
=-24.559/2012.651
=-0.01

* 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.


Spirit MTA REIT  (NYSE:SMTA) 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%.


Spirit MTA REIT Equity-to-Asset Related Terms

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


Spirit MTA REIT (Spirit MTA REIT) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2727 North Harwood Street, Suite 300, Dallas, TX, USA, 75201
Executives
Richard J Stockton director 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Thomas J Sullivan director C/O SPIRIT REALTY CAPITAL INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
Steven H Shepsman director 1646 N. CALIFORNIA BOULEVARD, SUITE 500, WALNUT CREEK CA 94596
Steven G Panagos director C/O SPIRIT MTA REIT, 2727 NORTH HARWOOD STREET, SUITE 300, DALLAS TX 75201
Jackson Hsieh director 2727 N HARWOOD STREET, SUITE 300, DALLAS TX 75201
Jay Young officer: Secretary 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240

Spirit MTA REIT (Spirit MTA REIT) Headlines

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