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Australian REITome Fund (TSX:HRR.UN) Equity-to-Asset : 0.67 (As of Jun. 2023)


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What is Australian REITome Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Australian REITome Fund's Total Stockholders Equity for the quarter that ended in Jun. 2023 was C$5.53 Mil. Australian REITome Fund's Total Assets for the quarter that ended in Jun. 2023 was C$8.26 Mil. Therefore, Australian REITome Fund's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.67.

The historical rank and industry rank for Australian REITome Fund's Equity-to-Asset or its related term are showing as below:

TSX:HRR.UN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58   Med: 0.71   Max: 0.78
Current: 0.67

During the past 10 years, the highest Equity to Asset Ratio of Australian REITome Fund was 0.78. The lowest was 0.58. And the median was 0.71.

TSX:HRR.UN's Equity-to-Asset is not ranked
in the REITs industry.
Industry Median: 0.57 vs TSX:HRR.UN: 0.67

Australian REITome Fund Equity-to-Asset Historical Data

The historical data trend for Australian REITome Fund'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.

Australian REITome Fund Equity-to-Asset Chart

Australian REITome Fund Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.73 0.73 0.76 0.69

Australian REITome Fund Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.76 0.76 0.68 0.69 0.67

Competitive Comparison of Australian REITome Fund's Equity-to-Asset

For the REIT - Specialty subindustry, Australian REITome Fund'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.


Australian REITome Fund's Equity-to-Asset Distribution in the REITs Industry

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

* The bar in red indicates where Australian REITome Fund's Equity-to-Asset falls into.



Australian REITome Fund 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.

Australian REITome Fund's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=6.145/8.875
=0.69

Australian REITome Fund's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=5.527/8.256
=0.67

* 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.


Australian REITome Fund  (TSX:HRR.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%.


Australian REITome Fund Equity-to-Asset Related Terms

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


Australian REITome Fund (TSX:HRR.UN) Business Description

Traded in Other Exchanges
N/A
Address
610 Chartwell Road, Suite 204, Oakville, ON, CAN, L6J 4A5
Australian REIT Income Fund invests in an actively managed portfolio comprised primarily of equity securities issued by Australian real estate investment trusts and issuers principally engaged in the real estate industry in Australia. The Fund's investment objectives are to provide unitholders with stable monthly cash distributions and the opportunity for capital appreciation. The Fund is offering Series A units and Series F units.

Australian REITome Fund (TSX:HRR.UN) Headlines

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