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Grande Royal Orchid Hospitality REIT (BKK:GROREIT) Equity-to-Asset : 0.69 (As of Mar. 2024)


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What is Grande Royal Orchid Hospitality REIT Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Grande Royal Orchid Hospitality REIT's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿3,392.3 Mil. Grande Royal Orchid Hospitality REIT's Total Assets for the quarter that ended in Mar. 2024 was ฿4,892.0 Mil. Therefore, Grande Royal Orchid Hospitality REIT's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.69.

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

BKK:GROREIT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.66   Med: 0.67   Max: 0.7
Current: 0.69

During the past 3 years, the highest Equity to Asset Ratio of Grande Royal Orchid Hospitality REIT was 0.70. The lowest was 0.66. And the median was 0.67.

BKK:GROREIT's Equity-to-Asset is ranked better than
68.64% of 861 companies
in the REITs industry
Industry Median: 0.57 vs BKK:GROREIT: 0.69

Grande Royal Orchid Hospitality REIT Equity-to-Asset Historical Data

The historical data trend for Grande Royal Orchid Hospitality 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.

Grande Royal Orchid Hospitality REIT Equity-to-Asset Chart

Grande Royal Orchid Hospitality REIT Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.67 0.67 0.70

Grande Royal Orchid Hospitality REIT Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.67 0.68 0.69 0.70 0.69

Competitive Comparison of Grande Royal Orchid Hospitality REIT's Equity-to-Asset

For the REIT - Hotel & Motel subindustry, Grande Royal Orchid Hospitality 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.


Grande Royal Orchid Hospitality REIT's Equity-to-Asset Distribution in the REITs Industry

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

* The bar in red indicates where Grande Royal Orchid Hospitality REIT's Equity-to-Asset falls into.



Grande Royal Orchid Hospitality 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.

Grande Royal Orchid Hospitality REIT'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
=3415.729/4910.242
=0.70

Grande Royal Orchid Hospitality REIT's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=3392.274/4891.958
=0.69

* 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.


Grande Royal Orchid Hospitality REIT  (BKK:GROREIT) 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%.


Grande Royal Orchid Hospitality REIT Equity-to-Asset Related Terms

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Grande Royal Orchid Hospitality REIT (BKK:GROREIT) Business Description

Traded in Other Exchanges
N/A
Address
989 Rama 1 Road, 9th and 24th Floor, Siam Piwat Tower Building, Pathumwan, Bangkok, THA, 10330
Website
Grande Royal Orchid Hospitality REIT is a trust that invests in the freehold right of the Royal Orchid Sheraton Hotel and Tower.

Grande Royal Orchid Hospitality REIT (BKK:GROREIT) Headlines

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