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Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Equity-to-Asset : 0.55 (As of Dec. 2023)


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What is Canadian Apartment Properties Real Estate Investment Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Canadian Apartment Properties Real Estate Investment Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$9,279 Mil. Canadian Apartment Properties Real Estate Investment Trust's Total Assets for the quarter that ended in Dec. 2023 was C$16,969 Mil. Therefore, Canadian Apartment Properties Real Estate Investment Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.55.

The historical rank and industry rank for Canadian Apartment Properties Real Estate Investment Trust's Equity-to-Asset or its related term are showing as below:

TSX:CAR.UN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5   Med: 0.56   Max: 0.6
Current: 0.55

During the past 13 years, the highest Equity to Asset Ratio of Canadian Apartment Properties Real Estate Investment Trust was 0.60. The lowest was 0.50. And the median was 0.56.

TSX:CAR.UN's Equity-to-Asset is ranked worse than
52.09% of 860 companies
in the REITs industry
Industry Median: 0.57 vs TSX:CAR.UN: 0.55

Canadian Apartment Properties Real Estate Investment Trust Equity-to-Asset Historical Data

The historical data trend for Canadian Apartment Properties Real Estate Investment Trust'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.

Canadian Apartment Properties Real Estate Investment Trust Equity-to-Asset Chart

Canadian Apartment Properties Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.60 0.59 0.56 0.55

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.56 0.56 0.56 0.55 0.55

Competitive Comparison of Canadian Apartment Properties Real Estate Investment Trust's Equity-to-Asset

For the REIT - Residential subindustry, Canadian Apartment Properties Real Estate Investment Trust'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.


Canadian Apartment Properties Real Estate Investment Trust's Equity-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Canadian Apartment Properties Real Estate Investment Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Canadian Apartment Properties Real Estate Investment Trust's Equity-to-Asset falls into.



Canadian Apartment Properties Real Estate Investment Trust 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.

Canadian Apartment Properties Real Estate Investment Trust's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=9278.595/16968.64
=0.55

Canadian Apartment Properties Real Estate Investment Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=9278.595/16968.64
=0.55

* 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.


Canadian Apartment Properties Real Estate Investment Trust  (TSX:CAR.UN) 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%.


Canadian Apartment Properties Real Estate Investment Trust Equity-to-Asset Related Terms

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Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Business Description

Traded in Other Exchanges
Address
11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1
Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.

Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Headlines

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