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Real Estate Split (TSX:RS.PR.A.PFD) Equity-to-Asset : 0.53 (As of Dec. 2023)


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What is Real Estate Split Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Real Estate Split's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$80.06 Mil. Real Estate Split's Total Assets for the quarter that ended in Dec. 2023 was C$150.25 Mil. Therefore, Real Estate Split's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.53.

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

TSX:RS.PR.A.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53   Med: 0.56   Max: 0.65
Current: 0.53

During the past 4 years, the highest Equity to Asset Ratio of Real Estate Split was 0.65. The lowest was 0.53. And the median was 0.56.

TSX:RS.PR.A.PFD's Equity-to-Asset is ranked worse than
81.24% of 1727 companies
in the Asset Management industry
Industry Median: 0.83 vs TSX:RS.PR.A.PFD: 0.53

Real Estate Split Equity-to-Asset Historical Data

The historical data trend for Real Estate Split'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.

Real Estate Split Equity-to-Asset Chart

Real Estate Split Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.57 0.65 0.55 0.53

Real Estate Split Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial 0.65 0.57 0.55 0.53 0.53

Competitive Comparison of Real Estate Split's Equity-to-Asset

For the Asset Management subindustry, Real Estate Split'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.


Real Estate Split's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Real Estate Split's Equity-to-Asset distribution charts can be found below:

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



Real Estate Split 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.

Real Estate Split'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
=80.06/150.246
=0.53

Real Estate Split'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
=80.06/150.246
=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.


Real Estate Split  (TSX:RS.PR.A.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%.


Real Estate Split Equity-to-Asset Related Terms

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


Real Estate Split (TSX:RS.PR.A.PFD) Business Description

Traded in Other Exchanges
Address
8 Spadina Avenue, Suite 3100, Toronto, ON, CAN, M5V 0S8
Real Estate Split Corp invests in a diversified, actively managed, high conviction portfolio of Real Estate Issuers engaged in e-commerce, data infrastructure as well as the multi-family, retail, office and healthcare sectors.

Real Estate Split (TSX:RS.PR.A.PFD) Headlines

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