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Arena REIT (ASX:ARF) Equity-to-Asset : 0.66 (As of Dec. 2023)


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What is Arena REIT Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Arena REIT's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$1,051.32 Mil. Arena REIT's Total Assets for the quarter that ended in Dec. 2023 was A$1,589.53 Mil. Therefore, Arena REIT's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.66.

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

ASX:ARF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59   Med: 0.67   Max: 0.75
Current: 0.66

During the past 11 years, the highest Equity to Asset Ratio of Arena REIT was 0.75. The lowest was 0.59. And the median was 0.67.

ASX:ARF's Equity-to-Asset is ranked better than
65.47% of 863 companies
in the REITs industry
Industry Median: 0.57 vs ASX:ARF: 0.66

Arena REIT Equity-to-Asset Historical Data

The historical data trend for Arena 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.

Arena REIT Equity-to-Asset Chart

Arena REIT Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.74 0.64 0.66 0.67

Arena REIT Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.66 0.66 0.65 0.67 0.66

Competitive Comparison of Arena REIT's Equity-to-Asset

For the REIT - Specialty subindustry, Arena 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.


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

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

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



Arena 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.

Arena REIT's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=1056.677/1568.296
=0.67

Arena 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
=1051.315/1589.529
=0.66

* 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.


Arena REIT  (ASX:ARF) 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%.


Arena REIT Equity-to-Asset Related Terms

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


Arena REIT (ASX:ARF) Business Description

Traded in Other Exchanges
N/A
Address
8 Exhibition Street, Level 32, Melbourne, VIC, AUS, 3000
Arena REIT is a childcare centre-focused real estate investment trust, or REIT, in Australia. The trust owns a portfolio of more than 230 long day care centres in Australia which provide preschool care for children aged from 0 to 5 years. Arena also owns 10 healthcare centres but childcare comprises majority of its portfolio based on property value. The Australian childcare and healthcare sectors both receive a significant amount of government funding which they expect to continue due to the essential nature of the services they provide.

Arena REIT (ASX:ARF) Headlines

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