SIR Royaltyome Fund (TSX:SRV.UN) Equity-to-Asset

: 0.94 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SIR Royaltyome Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$85.48 Mil. SIR Royaltyome Fund's Total Assets for the quarter that ended in Dec. 2023 was C$90.96 Mil. Therefore, SIR Royaltyome Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.94.

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

TSX:SRV.UN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.86 Med: 0.94 Max: 0.95
Current: 0.94

During the past 13 years, the highest Equity to Asset Ratio of SIR Royaltyome Fund was 0.95. The lowest was 0.86. And the median was 0.94.

TSX:SRV.UN's Equity-to-Asset is ranked better than
99.43% of 350 companies
in the Restaurants industry
Industry Median: 0.37 vs TSX:SRV.UN: 0.94

SIR Royaltyome Fund Equity-to-Asset Historical Data

The historical data trend for SIR Royaltyome Fund'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.

SIR Royaltyome Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.94

0.88

0.86

0.92

0.94

SIR Royaltyome Fund 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																0.92	0.93	0.92	0.93	0.94

Competitive Comparison

For the Restaurants subindustry, SIR Royaltyome Fund'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.

SIR Royaltyome Fund Equity-to-Asset Distribution

For the Restaurants industry and Consumer Cyclical sector, SIR Royaltyome Fund's Equity-to-Asset distribution charts can be found below:

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

SIR Royaltyome Fund 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.

SIR Royaltyome Fund'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
	=	85.483	/	90.958
	=	0.94

SIR Royaltyome Fund'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
	=	85.483	/	90.958
	=	0.94

SIR Royaltyome Fund (TSX:SRV.UN) 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%.

SIR Royaltyome Fund Equity-to-Asset Related Terms

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

SIR Royaltyome Fund (TSX:SRV.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » SIR Royalty Income Fund (TSX:SRV.UN) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

SIRZF:USA

Address

5360 South Service Road, Suite 200, Burlington, ON, CAN, L7L 5L1

Website

https://www.sircorp.com

SIR Royalty Income Fund (The fund) holds an investment in SIR (Service Inspired Restaurant) Corp. The company is a privately held corporation that owns and operates a diverse portfolio of restaurants in Canada. It has concept restaurant brands, including Jack Astor's Bar and Grill, Scaddabush Italian Kitchen & Bar; and SIR's signature restaurant brands, including Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose. The fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. It generates revenue through the license and royalty agreement from its investments in partnership.

SIR Royaltyome Fund (TSX:SRV.UN) Headlines

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