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Ingenia Communities Group (ASX:INA) Equity-to-Asset : 0.64 (As of Dec. 2023)


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What is Ingenia Communities Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ingenia Communities Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$1,557.4 Mil. Ingenia Communities Group's Total Assets for the quarter that ended in Dec. 2023 was A$2,440.9 Mil. Therefore, Ingenia Communities Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.64.

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

ASX:INA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42   Med: 0.67   Max: 0.86
Current: 0.64

During the past 13 years, the highest Equity to Asset Ratio of Ingenia Communities Group was 0.86. The lowest was 0.42. And the median was 0.67.

ASX:INA's Equity-to-Asset is ranked better than
62.8% of 863 companies
in the REITs industry
Industry Median: 0.57 vs ASX:INA: 0.64

Ingenia Communities Group Equity-to-Asset Historical Data

The historical data trend for Ingenia Communities Group'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.

Ingenia Communities Group Equity-to-Asset Chart

Ingenia Communities Group 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 0.66 0.86 0.73 0.70 0.65

Ingenia Communities Group 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 0.74 0.70 0.67 0.65 0.64

Competitive Comparison of Ingenia Communities Group's Equity-to-Asset

For the REIT - Residential subindustry, Ingenia Communities Group'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.


Ingenia Communities Group's Equity-to-Asset Distribution in the REITs Industry

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

* The bar in red indicates where Ingenia Communities Group's Equity-to-Asset falls into.



Ingenia Communities Group 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.

Ingenia Communities Group'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
=1536.787/2378.131
=0.65

Ingenia Communities Group'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
=1557.379/2440.94
=0.64

* 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.


Ingenia Communities Group  (ASX:INA) 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%.


Ingenia Communities Group Equity-to-Asset Related Terms

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


Ingenia Communities Group (ASX:INA) Business Description

Traded in Other Exchanges
Address
88 Cumberland Street, Level 3, The Rocks, NSW, AUS, 2000
Ingenia Communities is an Australian real estate investment trust with a property portfolio capitalizing on tourism, retirement, and low-cost housing needs. The largest and fastest growing source of income is the firm's land-lease communities targeted at the over-55s population. This business generates development income on houses and rental income from the land. Additional rental and fee income are generated from housing communities and holiday parks. The firm's assets are situated in Australia's eastern states, with a focus on coastal and outer metropolitan regions.

Ingenia Communities Group (ASX:INA) Headlines

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