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Octodec Investments (JSE:OCT) Equity-to-Asset : 0.57 (As of Feb. 2024)


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What is Octodec Investments Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Octodec Investments's Total Stockholders Equity for the quarter that ended in Feb. 2024 was R6,459.0 Mil. Octodec Investments's Total Assets for the quarter that ended in Feb. 2024 was R11,419.9 Mil.

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

JSE:OCT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52   Med: 0.57   Max: 0.62
Current: 0.57

During the past 13 years, the highest Equity to Asset Ratio of Octodec Investments was 0.62. The lowest was 0.52. And the median was 0.57.

JSE:OCT's Equity-to-Asset is ranked better than
50.87% of 859 companies
in the REITs industry
Industry Median: 0.57 vs JSE:OCT: 0.57

Octodec Investments Equity-to-Asset Historical Data

The historical data trend for Octodec Investments'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.

Octodec Investments Equity-to-Asset Chart

Octodec Investments Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.54 0.52 0.56 0.57

Octodec Investments Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 0.54 0.56 0.57 0.57 0.57

Competitive Comparison of Octodec Investments's Equity-to-Asset

For the REIT - Diversified subindustry, Octodec Investments'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.


Octodec Investments's Equity-to-Asset Distribution in the REITs Industry

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

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



Octodec Investments 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.

Octodec Investments's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )=Total Stockholders Equity/Total Assets
=6559.626/11490.519
=0.57

Octodec Investments's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=6458.956/11419.893
=

* 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.


Octodec Investments  (JSE:OCT) 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%.


Octodec Investments Equity-to-Asset Related Terms

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


Octodec Investments (JSE:OCT) Business Description

Traded in Other Exchanges
N/A
Address
101 Du Toit Street, CPA House, Tshwane, Pretoria, GT, ZAF, 0002
Octodec Investments Ltd is a real estate investment trust (REIT). The company generates rental income from Residential, Retail - street shops, Retail - shopping centres, offices, industrial, and parking, where the majority of its revenue is from the Residential segment.

Octodec Investments (JSE:OCT) Headlines

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