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Wharf Real Estate Investment Co (Wharf Real Estate Investment Co) Equity-to-Asset : 0.78 (As of Dec. 2023)


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What is Wharf Real Estate Investment Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wharf Real Estate Investment Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $24,509 Mil. Wharf Real Estate Investment Co's Total Assets for the quarter that ended in Dec. 2023 was $31,412 Mil. Therefore, Wharf Real Estate Investment Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.78.

The historical rank and industry rank for Wharf Real Estate Investment Co's Equity-to-Asset or its related term are showing as below:

WRFRF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.74   Med: 0.76   Max: 0.78
Current: 0.78

During the past 10 years, the highest Equity to Asset Ratio of Wharf Real Estate Investment Co was 0.78. The lowest was 0.74. And the median was 0.76.

WRFRF's Equity-to-Asset is ranked better than
85.36% of 1838 companies
in the Real Estate industry
Industry Median: 0.44 vs WRFRF: 0.78

Wharf Real Estate Investment Co Equity-to-Asset Historical Data

The historical data trend for Wharf Real Estate Investment Co'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.

Wharf Real Estate Investment Co Equity-to-Asset Chart

Wharf Real Estate Investment Co 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 0.76 0.74 0.76 0.75 0.78

Wharf Real Estate Investment Co Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.76 0.75 0.75 0.77 0.78

Competitive Comparison of Wharf Real Estate Investment Co's Equity-to-Asset

For the Real Estate Services subindustry, Wharf Real Estate Investment Co'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.


Wharf Real Estate Investment Co's Equity-to-Asset Distribution in the Real Estate Industry

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

* The bar in red indicates where Wharf Real Estate Investment Co's Equity-to-Asset falls into.



Wharf Real Estate Investment Co 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.

Wharf Real Estate Investment Co'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
=24509.206/31412.072
=0.78

Wharf Real Estate Investment Co'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
=24509.206/31412.072
=0.78

* 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.


Wharf Real Estate Investment Co  (OTCPK:WRFRF) 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%.


Wharf Real Estate Investment Co Equity-to-Asset Related Terms

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Wharf Real Estate Investment Co (Wharf Real Estate Investment Co) Business Description

Traded in Other Exchanges
Address
https://www.wharfreic.com/en/investor/reports, 16th Floor, Ocean Centre, Harbour City, Kowloon, Hong Kong, HKG
Wharf spun off Wharf Real Estate Investment Co in November 2017. It is a leading property investor with a focus in prime retail assets in Hong Kong. Rental income from two flagship assets Harbour City and Times Square account for around 80% of revenue. The balance is made up of The Murray hotel, a suburban mall in Plaza Hollywood, two offices in Central CBD. The group also holds two malls in Singapore and a mixed-development in Suzhou. Wharf was originally a shipping company but transformed into a property developer and investor in the 1960s by redeveloping its unused industrial assets, many located in city-center and waterfront locations. The Harbour City site was previously wharfs, and the Times Square site was a tram depot in the 1970s. Wheelock holds a 45% stake in WREIC.