BB Fundo Invest Imobiliario Progressivo (BSP:BBFI11B) Equity-to-Asset : 0.98 (As of Dec. 2023)

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What is BB Fundo Invest Imobiliario Progressivo Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BB Fundo Invest Imobiliario Progressivo's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$266.47 Mil. BB Fundo Invest Imobiliario Progressivo's Total Assets for the quarter that ended in Dec. 2023 was R$271.96 Mil. Therefore, BB Fundo Invest Imobiliario Progressivo's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.98.

The historical rank and industry rank for BB Fundo Invest Imobiliario Progressivo's Equity-to-Asset or its related term are showing as below:

BSP:BBFI11B' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.96 Med: 0.97 Max: 0.98
Current: 0.98

During the past 5 years, the highest Equity to Asset Ratio of BB Fundo Invest Imobiliario Progressivo was 0.98. The lowest was 0.96. And the median was 0.97.

BSP:BBFI11B's Equity-to-Asset is ranked better than
90.59% of 861 companies
in the REITs industry
Industry Median: 0.57 vs BSP:BBFI11B: 0.98

BB Fundo Invest Imobiliario Progressivo Equity-to-Asset Historical Data

The historical data trend for BB Fundo Invest Imobiliario Progressivo'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.

BB Fundo Invest Imobiliario Progressivo Equity-to-Asset Chart

BB Fundo Invest Imobiliario Progressivo Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.97

0.96

0.97

0.98

BB Fundo Invest Imobiliario Progressivo Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Equity-to-Asset	0.97	0.96	0.96	0.97	0.98

Competitive Comparison of BB Fundo Invest Imobiliario Progressivo's Equity-to-Asset

For the REIT - Office subindustry, BB Fundo Invest Imobiliario Progressivo'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.

BB Fundo Invest Imobiliario Progressivo's Equity-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, BB Fundo Invest Imobiliario Progressivo's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where BB Fundo Invest Imobiliario Progressivo's Equity-to-Asset falls into.

BB Fundo Invest Imobiliario Progressivo 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.

BB Fundo Invest Imobiliario Progressivo'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
	=	266.473	/	271.955
	=	0.98

BB Fundo Invest Imobiliario Progressivo'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
	=	266.473	/	271.955
	=	0.98

BB Fundo Invest Imobiliario Progressivo (BSP:BBFI11B) 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%.

BB Fundo Invest Imobiliario Progressivo Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of BB Fundo Invest Imobiliario Progressivo's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

BB Fundo Invest Imobiliario Progressivo (BSP:BBFI11B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » BB Fundo Invest Imobiliario Progressivo (BSP:BBFI11B) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Paulista, 2300, 11th Floor, Sao Paulo, SP, BRA, 1310300

Website

http://www.fundoimobiliario.com.br

BB Fundo Invest Imobiliario Progressivo is an investment REIT. The firm invests in commercial real estate developments that generate frequent revenue, such as commercial buildings, hospitals, shopping malls, distribution, and logistics centers. It is managed by Caixa Economica Federal. Its assets are leased to the Bank of Brazil.

BB Fundo Invest Imobiliario Progressivo (BSP:BBFI11B) Headlines

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