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Daiwa Office Investment (TSE:8976) Equity-to-Asset : 0.51 (As of Nov. 2023)


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What is Daiwa Office Investment Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Daiwa Office Investment's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円247,523 Mil. Daiwa Office Investment's Total Assets for the quarter that ended in Nov. 2023 was 円482,201 Mil. Therefore, Daiwa Office Investment's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.51.

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

TSE:8976' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51   Med: 0.52   Max: 0.56
Current: 0.51

During the past 13 years, the highest Equity to Asset Ratio of Daiwa Office Investment was 0.56. The lowest was 0.51. And the median was 0.52.

TSE:8976's Equity-to-Asset is ranked worse than
61.51% of 860 companies
in the REITs industry
Industry Median: 0.57 vs TSE:8976: 0.51

Daiwa Office Investment Equity-to-Asset Historical Data

The historical data trend for Daiwa Office Investment'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.

Daiwa Office Investment Equity-to-Asset Chart

Daiwa Office Investment Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.52 0.52 0.53 0.51

Daiwa Office Investment Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 0.53 0.52 0.51 0.51 0.51

Competitive Comparison of Daiwa Office Investment's Equity-to-Asset

For the REIT - Office subindustry, Daiwa Office Investment'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.


Daiwa Office Investment's Equity-to-Asset Distribution in the REITs Industry

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

* The bar in red indicates where Daiwa Office Investment's Equity-to-Asset falls into.



Daiwa Office Investment 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.

Daiwa Office Investment's Equity to Asset Ratio for the fiscal year that ended in Nov. 2022 is calculated as

Equity to Asset (A: Nov. 2022 )=Total Stockholders Equity/Total Assets
=247491.306/481049.178
=0.51

Daiwa Office Investment's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=247523.152/482200.822
=0.51

* 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.


Daiwa Office Investment  (TSE:8976) 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%.


Daiwa Office Investment Equity-to-Asset Related Terms

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Daiwa Office Investment (TSE:8976) Business Description

Traded in Other Exchanges
N/A
Address
6-2-1 Ginza, Chuo-ku, Tokyo, JPN
Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.

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