The historical rank and industry rank for Heiwa Real Estate REIT's Equity-to-Asset or its related term are showing as below:
TSE:8966'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49 Med: 0.52 Max: 0.53
Current: 0.49
During the past 13 years, the highest Equity to Asset Ratio of Heiwa Real Estate REIT was 0.53. The lowest was 0.49. And the median was 0.52.
TSE:8966's Equity-to-Asset is ranked worse than 66.24% of 859
companies
in the REITs industry
Industry Median: 0.57
vs TSE:8966: 0.49
Heiwa Real Estate REIT Equity-to-Asset Historical Data
The historical data trend for Heiwa Real Estate REIT'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.
Competitive Comparison of Heiwa Real Estate REIT's Equity-to-Asset
For the REIT - Diversified subindustry, Heiwa Real Estate 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.
Heiwa Real Estate REIT's Equity-to-Asset Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Heiwa Real Estate REIT's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Heiwa Real Estate REIT's Equity-to-Asset falls into.
Heiwa Real Estate REIT 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.
Heiwa Real Estate REIT's Equity to Asset Ratio for the fiscal year that ended in Nov. 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.
Heiwa Real Estate REIT (TSE:8966) 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%.
Heiwa Real Estate REIT Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Heiwa Real Estate REIT's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Heiwa Real Estate REIT (TSE:8966) Business Description
Heiwa Real Estate REIT Inc is a real estate company that primarily invests in office buildings and residential buildings located in the Tokyo Metropolitan Area and other major cities across Japan. The company leases its buildings for rental revenue and renovates its properties. The tenants include both individuals and businesses from various industries such as wholesale and retail, manufacturing, and information and technology services. The company's assets are managed by Heiwa Real Estate Asset Management Co.
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