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Sankei Real Estate (TSE:2972) Equity-to-Asset : 0.45 (As of Aug. 2023)


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What is Sankei Real Estate Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sankei Real Estate's Total Stockholders Equity for the quarter that ended in Aug. 2023 was 円50,565 Mil. Sankei Real Estate's Total Assets for the quarter that ended in Aug. 2023 was 円112,236 Mil. Therefore, Sankei Real Estate's Equity to Asset Ratio for the quarter that ended in Aug. 2023 was 0.45.

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

TSE:2972' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45   Med: 0.48   Max: 0.49
Current: 0.45

During the past 5 years, the highest Equity to Asset Ratio of Sankei Real Estate was 0.49. The lowest was 0.45. And the median was 0.48.

TSE:2972's Equity-to-Asset is ranked worse than
73.37% of 860 companies
in the REITs industry
Industry Median: 0.57 vs TSE:2972: 0.45

Sankei Real Estate Equity-to-Asset Historical Data

The historical data trend for Sankei Real Estate'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.

Sankei Real Estate Equity-to-Asset Chart

Sankei Real Estate Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
Equity-to-Asset
0.48 0.49 0.47 0.48 0.45

Sankei Real Estate Semi-Annual Data
Apr19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.48 0.48 0.45 -

Competitive Comparison of Sankei Real Estate's Equity-to-Asset

For the REIT - Office subindustry, Sankei Real Estate'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.


Sankei Real Estate's Equity-to-Asset Distribution in the REITs Industry

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

* The bar in red indicates where Sankei Real Estate's Equity-to-Asset falls into.



Sankei Real Estate 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.

Sankei Real Estate's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )=Total Stockholders Equity/Total Assets
=50565.303/112235.819
=0.45

Sankei Real Estate's Equity to Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

Equity to Asset (Q: Aug. 2023 )=Total Stockholders Equity/Total Assets
=50565.303/112235.819
=0.45

* 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.


Sankei Real Estate  (TSE:2972) 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%.


Sankei Real Estate Equity-to-Asset Related Terms

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


Sankei Real Estate (TSE:2972) Business Description

Traded in Other Exchanges
N/A
Address
1-7-2 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
Sankei Real Estate Inc is a Japanese based J-REIT. The company is engaged in the leasing of real estate properties, and owns office buildings.

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