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Covivio (XPAR:COV) Equity-to-Asset : 0.32 (As of Dec. 2023)


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What is Covivio Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Covivio's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €7,957.0 Mil. Covivio's Total Assets for the quarter that ended in Dec. 2023 was €25,026.2 Mil. Therefore, Covivio's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.32.

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

XPAR:COV' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.31   Max: 0.34
Current: 0.32

During the past 13 years, the highest Equity to Asset Ratio of Covivio was 0.34. The lowest was 0.24. And the median was 0.31.

XPAR:COV's Equity-to-Asset is ranked worse than
86.79% of 863 companies
in the REITs industry
Industry Median: 0.57 vs XPAR:COV: 0.32

Covivio Equity-to-Asset Historical Data

The historical data trend for Covivio'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.

Covivio Equity-to-Asset Chart

Covivio Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.31 0.33 0.34 0.32

Covivio 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 0.33 0.33 0.34 0.33 0.32

Competitive Comparison of Covivio's Equity-to-Asset

For the REIT - Diversified subindustry, Covivio'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.


Covivio's Equity-to-Asset Distribution in the REITs Industry

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

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



Covivio 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.

Covivio'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
=7957.017/25026.159
=0.32

Covivio'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
=7957.017/25026.159
=0.32

* 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.


Covivio  (XPAR:COV) 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%.


Covivio Equity-to-Asset Related Terms

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


Covivio (XPAR:COV) Business Description

Traded in Other Exchanges
Address
18 Avenue Francois Mitterrand, Metz, FRA, 57000
Covivio SA is a French real estate investment trust involved in the ownership of properties mainly in France, Italy, and Germany. The majority of the properties in the company's real estate portfolio are office buildings located in Paris and Milan. German residential properties also represent a significant percentage of its total assets. Fonciere des Regions derives nearly all of its revenue in the form of rental income from the ownership and maintenance of its portfolio of properties. French offices generate the most revenue for the company, while Italian office buildings and German residential buildings in Berlin, Hamburg, and Dresden also contribute sizable income streams.

Covivio (XPAR:COV) Headlines

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