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Argosy Property (NZSE:ARG) Equity-to-Asset : 0.59 (As of Sep. 2023)


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What is Argosy Property Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Argosy Property's Total Stockholders Equity for the quarter that ended in Sep. 2023 was NZ$1,287.8 Mil. Argosy Property's Total Assets for the quarter that ended in Sep. 2023 was NZ$2,175.6 Mil. Therefore, Argosy Property's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.59.

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

NZSE:ARG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.6   Max: 0.64
Current: 0.59

During the past 13 years, the highest Equity to Asset Ratio of Argosy Property was 0.64. The lowest was 0.56. And the median was 0.60.

NZSE:ARG's Equity-to-Asset is ranked better than
54.48% of 859 companies
in the REITs industry
Industry Median: 0.57 vs NZSE:ARG: 0.59

Argosy Property Equity-to-Asset Historical Data

The historical data trend for Argosy Property'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.

Argosy Property Equity-to-Asset Chart

Argosy Property Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.56 0.59 0.64 0.60

Argosy Property 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.64 0.63 0.60 0.59

Competitive Comparison of Argosy Property's Equity-to-Asset

For the REIT - Diversified subindustry, Argosy Property'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.


Argosy Property's Equity-to-Asset Distribution in the REITs Industry

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

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



Argosy Property 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.

Argosy Property'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
=1335.695/2212.637
=0.60

Argosy Property'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
=1287.777/2175.556
=0.59

* 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.


Argosy Property  (NZSE:ARG) 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%.


Argosy Property Equity-to-Asset Related Terms

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


Argosy Property (NZSE:ARG) Business Description

Traded in Other Exchanges
Address
Victoria Street West, P.O. Box 90214, 39 Market Place, Auckland, NTL, NZL, 1142
Argosy Property Ltd's business activity is to invest in and actively manage properties throughout New Zealand. The company's portfolio is centred on the Auckland and Wellington markets and is diversified by industrial, office and Large format retail property segments. The company's industrial portfolio includes logistics warehouses, distribution centers, and other corporate or owner-operated businesses. Its office portfolio consists of house government departments and both local and international businesses. Its retail portfolio contains retail stores in large format, convenience centres, and entertainment venues.

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