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Dream Residential REIT (Dream Residential REIT) Equity-to-Asset : 0.54 (As of Jun. 2023)


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What is Dream Residential REIT Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dream Residential REIT's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $235.59 Mil. Dream Residential REIT's Total Assets for the quarter that ended in Jun. 2023 was $437.18 Mil. Therefore, Dream Residential REIT's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.54.

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

DRREF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53   Med: 0.54   Max: 0.55
Current: 0.53

During the past 2 years, the highest Equity to Asset Ratio of Dream Residential REIT was 0.55. The lowest was 0.53. And the median was 0.54.

DRREF's Equity-to-Asset is ranked worse than
57.21% of 860 companies
in the REITs industry
Industry Median: 0.57 vs DRREF: 0.53

Dream Residential REIT Equity-to-Asset Historical Data

The historical data trend for Dream Residential 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.

Dream Residential REIT Equity-to-Asset Chart

Dream Residential REIT Annual Data
Trend Dec22 Dec23
Equity-to-Asset
0.55 0.53

Dream Residential REIT Quarterly Data
Feb22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial 0.50 0.55 0.52 0.54 0.53

Competitive Comparison of Dream Residential REIT's Equity-to-Asset

For the REIT - Residential subindustry, Dream Residential 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.


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

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

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



Dream Residential 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.

Dream Residential 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
=218.032/411.926
=0.53

Dream Residential REIT's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=235.588/437.179
=0.54

* 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.


Dream Residential REIT  (OTCPK:DRREF) 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%.


Dream Residential REIT Equity-to-Asset Related Terms

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


Dream Residential REIT (Dream Residential REIT) Business Description

Traded in Other Exchanges
Address
30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1
Dream Residential REIT is a Canada-based open-ended, real estate investment trust. It plans to acquire all of the issued and outstanding equity interests in special purpose entities, which collectively own more than 15 multi-residential rental properties. All of its properties are located in the United States.

Dream Residential REIT (Dream Residential REIT) Headlines