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Veris Residential (FRA:WY4) Equity-to-Asset : 0.35 (As of Mar. 2024)


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What is Veris Residential Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Veris Residential's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €1,041.7 Mil. Veris Residential's Total Assets for the quarter that ended in Mar. 2024 was €2,955.8 Mil. Therefore, Veris Residential's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.35.

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

FRA:WY4' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.31   Max: 0.39
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Veris Residential was 0.39. The lowest was 0.26. And the median was 0.31.

FRA:WY4's Equity-to-Asset is ranked worse than
84.85% of 858 companies
in the REITs industry
Industry Median: 0.57 vs FRA:WY4: 0.35

Veris Residential Equity-to-Asset Historical Data

The historical data trend for Veris Residential'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.

Veris Residential Equity-to-Asset Chart

Veris Residential 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 0.28 0.27 0.28 0.32 0.35

Veris Residential Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 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 0.32 0.32 0.35 0.35 0.35

Competitive Comparison of Veris Residential's Equity-to-Asset

For the REIT - Residential subindustry, Veris Residential'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.


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

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

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



Veris Residential 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.

Veris Residential'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
=1043.067/2972.039
=0.35

Veris Residential'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
=1041.653/2955.831
=0.35

* 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.


Veris Residential  (FRA:WY4) 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%.


Veris Residential Equity-to-Asset Related Terms

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


Veris Residential (FRA:WY4) Business Description

Traded in Other Exchanges
Address
Harborside 3, 210 Hudson Street, Suite 400, Jersey City, NJ, USA, 07311
Veris Residential Inc is a fully-integrated, self-administered and self-managed real estate investment trust (REIT). The company owns and operates a real estate portfolio comprised predominantly of multifamily rental properties located mainly in the Northeast and Class A office properties. The company performs substantially all real estate management, leasing, acquisition and development on an in-house basis. The properties are in three states in the Northeast, plus the District of Columbia. The company operates in two industry segments multifamily real estate & services and commercial & other real estate. The majority of revenue is from Multifamily real estate services.

Veris Residential (FRA:WY4) Headlines

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