Workspace Group (LSE:WKP) Equity-to-Asset : 0.62 (As of Sep. 2023)

View and export this data going back to 1993. Start your Free Trial

What is Workspace Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Workspace Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £1,607.6 Mil. Workspace Group's Total Assets for the quarter that ended in Sep. 2023 was £2,608.7 Mil. Therefore, Workspace Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.62.

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

LSE:WKP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62 Med: 0.73 Max: 0.83
Current: 0.62

During the past 13 years, the highest Equity to Asset Ratio of Workspace Group was 0.83. The lowest was 0.62. And the median was 0.73.

LSE:WKP's Equity-to-Asset is ranked better than
59.07% of 860 companies
in the REITs industry
Industry Median: 0.57 vs LSE:WKP: 0.62

Workspace Group Equity-to-Asset Historical Data

The historical data trend for Workspace Group'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.

Workspace Group Equity-to-Asset Chart

Workspace Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

Get a 7-Day Free Trial

0.74

0.73

0.66

0.72

0.63

Workspace Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial															0.70	0.72	0.64	0.63	0.62

Competitive Comparison of Workspace Group's Equity-to-Asset

For the REIT - Office subindustry, Workspace Group'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.

Workspace Group's Equity-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Workspace Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Workspace Group's Equity-to-Asset falls into.

Workspace Group 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.

Workspace Group's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1787.7	/	2839.1
	=	0.63

Workspace Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1607.6	/	2608.7
	=	0.62

Workspace Group (LSE:WKP) 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%.

Workspace Group Equity-to-Asset Related Terms

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

Workspace Group (LSE:WKP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Workspace Group PLC (LSE:WKP) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

WKPl:UK

Address

1-3 Brixton Road, Canterbury Court, Kennington Park, London, GBR, SW9 6DE

Website

https://www.workspace.co.uk

Workspace Group PLC is a real estate investment trust engaged in the acquisition, design, development, and ownership of office buildings throughout London. The company mainly focuses on leasing office properties to new and growing companies. The real estate assets in Workspace's portfolio are clustered around the London area of Farringdon and elsewhere in northern and central London. The company derives the vast majority of its income in the form of rental revenue from tenants organized into short-term leases. Workspace's tenants include marketing, business consultancy, fashion, finance, software, and architectural firms.

Workspace Group (LSE:WKP) Headlines

No Headlines