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European Residential REIT (TSX:ERE.UN) Equity-to-Asset : 0.25 (As of Dec. 2023)


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What is European Residential REIT Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. European Residential REIT's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$625.1 Mil. European Residential REIT's Total Assets for the quarter that ended in Dec. 2023 was C$2,520.3 Mil. Therefore, European Residential REIT's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.25.

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

TSX:ERE.UN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13   Med: 0.24   Max: 0.91
Current: 0.25

During the past 8 years, the highest Equity to Asset Ratio of European Residential REIT was 0.91. The lowest was 0.13. And the median was 0.24.

TSX:ERE.UN's Equity-to-Asset is ranked worse than
91.15% of 859 companies
in the REITs industry
Industry Median: 0.57 vs TSX:ERE.UN: 0.25

European Residential REIT Equity-to-Asset Historical Data

The historical data trend for European Residential 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.

* Premium members only.

European Residential REIT Equity-to-Asset Chart

European Residential REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.18 0.24 0.23 0.28 0.25

European Residential REIT 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 0.28 0.24 0.25 0.26 0.25

Competitive Comparison of European Residential REIT's Equity-to-Asset

For the REIT - Residential subindustry, European Residential 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.


European Residential REIT's Equity-to-Asset Distribution in the REITs Industry

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

* The bar in red indicates where European Residential REIT's Equity-to-Asset falls into.



European Residential 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.

European Residential REIT'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
=625.076/2520.341
=0.25

European Residential REIT'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
=625.076/2520.341
=0.25

* 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.


European Residential REIT  (TSX:ERE.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%.


European Residential REIT Equity-to-Asset Related Terms

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


European Residential REIT (TSX:ERE.UN) Business Description

Traded in Other Exchanges
Address
11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1
European Residential REIT is an unincorporated, open-ended real estate investment trust. The company is focused on multi-residential real estate investment trust, with a current initial focus on investing in multi-residential real estate properties in Europe. The REIT owns and operates a portfolio of multi-residential properties, including apartments and townhomes, as well as commercial properties in Europe.

European Residential REIT (TSX:ERE.UN) Headlines

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