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Australian Unity Office Fund (ASX:AOF) Equity-to-Asset : 0.97 (As of Dec. 2023)


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What is Australian Unity Office Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Australian Unity Office Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$282.63 Mil. Australian Unity Office Fund's Total Assets for the quarter that ended in Dec. 2023 was A$292.91 Mil. Therefore, Australian Unity Office Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.97.

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

ASX:AOF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.65   Med: 0.68   Max: 0.97
Current: 0.97

During the past 8 years, the highest Equity to Asset Ratio of Australian Unity Office Fund was 0.97. The lowest was 0.65. And the median was 0.68.

ASX:AOF's Equity-to-Asset is ranked better than
87.66% of 859 companies
in the REITs industry
Industry Median: 0.57 vs ASX:AOF: 0.97

Australian Unity Office Fund Equity-to-Asset Historical Data

The historical data trend for Australian Unity Office 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.

Australian Unity Office Fund Equity-to-Asset Chart

Australian Unity Office Fund Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial 0.67 0.65 0.69 0.67 0.88

Australian Unity Office Fund Semi-Annual Data
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 0.75 0.67 0.76 0.88 0.97

Competitive Comparison of Australian Unity Office Fund's Equity-to-Asset

For the REIT - Office subindustry, Australian Unity Office 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.


Australian Unity Office Fund's Equity-to-Asset Distribution in the REITs Industry

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

* The bar in red indicates where Australian Unity Office Fund's Equity-to-Asset falls into.



Australian Unity Office 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.

Australian Unity Office Fund's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=313.622/358.226
=0.88

Australian Unity Office 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
=282.627/292.905
=0.96

* 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.


Australian Unity Office Fund  (ASX:AOF) 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%.


Australian Unity Office Fund Equity-to-Asset Related Terms

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Australian Unity Office Fund (ASX:AOF) Business Description

Traded in Other Exchanges
N/A
Address
271 Spring Street, Level 15, Melbourne, VIC, AUS, 3000
Australian Unity Office Fund is a REIT engaged in owning and managing a diversified portfolio of nine office properties located across Australian metropolitan and CBD markets in Sydney, Adelaide, Melbourne, Brisbane, and Canberra. Its only operating segment is an investment in office properties. Geographically, it operates only in Australia. It generates revenue from rental income.

Australian Unity Office Fund (ASX:AOF) Headlines

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