* 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.
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HomeCo Daily Needs REIT Equity-to-Asset Chart
HomeCo Daily Needs REIT Annual Data
Trend
Jun22
Jun23
Equity-to-Asset
0.65
0.64
HomeCo Daily Needs REIT Semi-Annual Data
Dec21
Jun22
Dec22
Jun23
Dec23
Equity-to-Asset
0.61
0.65
0.66
0.64
0.63
Competitive Comparison of HomeCo Daily Needs REIT's Equity-to-Asset
For the REIT - Retail subindustry, HomeCo Daily Needs 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.
HomeCo Daily Needs REIT's Equity-to-Asset Distribution in the REITs Industry
For the REITs industry and Real Estate sector, HomeCo Daily Needs REIT's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where HomeCo Daily Needs REIT's Equity-to-Asset falls into.
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.
HomeCo Daily Needs REIT's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as
* 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.
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%.
HomeCo Daily Needs REIT Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of HomeCo Daily Needs REIT's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
HomeCo Daily Needs REIT (ASX:HDN) Business Description
HomeCo Daily Needs REIT, or HomeCo, is an externally managed property trust run by HMC Capital which also runs HealthCo Healthcare and Wellness REIT and unlisted funds. HomeCo targets 50% of assets in neighbourhood malls, 30% large-format, and 20% in health and services. After merging with Aventus Retail REIT in 2022, HomeCo is overweight large-format (just under half its portfolio) and underweight neighbourhood (one third of the portfolio), with health and services slightly below target. The plan is to move back to the target via redevelopment and tenant remixing, and potentially acquisitions. HomeCo seeks tenant leases before commencing developments, so we expect development opportunities will arise gradually, as population growth adds demand in HomeCo's catchments.
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