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Hoshino Resorts REIT (TSE:3287) Equity-to-Asset : 0.61 (As of Apr. 2023)


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What is Hoshino Resorts REIT Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hoshino Resorts REIT's Total Stockholders Equity for the quarter that ended in Apr. 2023 was 円126,216 Mil. Hoshino Resorts REIT's Total Assets for the quarter that ended in Apr. 2023 was 円208,556 Mil. Therefore, Hoshino Resorts REIT's Equity to Asset Ratio for the quarter that ended in Apr. 2023 was 0.61.

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

TSE:3287' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.61   Max: 0.77
Current: 0.61

During the past 10 years, the highest Equity to Asset Ratio of Hoshino Resorts REIT was 0.77. The lowest was 0.56. And the median was 0.61.

TSE:3287's Equity-to-Asset is ranked better than
58.02% of 860 companies
in the REITs industry
Industry Median: 0.57 vs TSE:3287: 0.61

Hoshino Resorts REIT Equity-to-Asset Historical Data

The historical data trend for Hoshino Resorts 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.

Hoshino Resorts REIT Equity-to-Asset Chart

Hoshino Resorts REIT Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.61 0.59 0.59 0.61

Hoshino Resorts REIT Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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 0.59 0.59 0.62 0.61 0.61

Competitive Comparison of Hoshino Resorts REIT's Equity-to-Asset

For the REIT - Hotel & Motel subindustry, Hoshino Resorts 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.


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

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

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



Hoshino Resorts 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.

Hoshino Resorts REIT's Equity to Asset Ratio for the fiscal year that ended in Oct. 2022 is calculated as

Equity to Asset (A: Oct. 2022 )=Total Stockholders Equity/Total Assets
=125840.238/205962.695
=0.61

Hoshino Resorts REIT's Equity to Asset Ratio for the quarter that ended in Apr. 2023 is calculated as

Equity to Asset (Q: Apr. 2023 )=Total Stockholders Equity/Total Assets
=126215.505/208555.585
=0.61

* 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.


Hoshino Resorts REIT  (TSE:3287) 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%.


Hoshino Resorts REIT Equity-to-Asset Related Terms

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Hoshino Resorts REIT (TSE:3287) Business Description

Traded in Other Exchanges
N/A
Address
2-14-4 Hattsuchoubori, Chuo-Ku, Tokyo, JPN, 104-0032
Hoshino Resorts REIT Inc is a closed-end real estate investment trust company. It aims to achieve stable earnings and sustainable growth of its investment assets, by investing in hotels, Japanese-Style Inns, and related facilities.

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