Rex Trueform Group (JSE:RTN) Equity-to-Asset : 0.40 (As of Dec. 2023)

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What is Rex Trueform Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rex Trueform Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R444.9 Mil. Rex Trueform Group's Total Assets for the quarter that ended in Dec. 2023 was R1,118.7 Mil. Therefore, Rex Trueform Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.40.

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

JSE:RTN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31 Med: 0.71 Max: 0.81
Current: 0.4

During the past 13 years, the highest Equity to Asset Ratio of Rex Trueform Group was 0.81. The lowest was 0.31. And the median was 0.71.

JSE:RTN's Equity-to-Asset is ranked worse than
54.92% of 1118 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs JSE:RTN: 0.40

Rex Trueform Group Equity-to-Asset Historical Data

The historical data trend for Rex Trueform Group'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.

Rex Trueform Group Equity-to-Asset Chart

Rex Trueform Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

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0.64

0.31

0.37

0.40

0.39

Rex Trueform Group 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															0.39	0.40	0.39	0.39	0.40

Competitive Comparison of Rex Trueform Group's Equity-to-Asset

For the Apparel Retail subindustry, Rex Trueform Group'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.

Rex Trueform Group's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rex Trueform Group's Equity-to-Asset distribution charts can be found below:

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

Rex Trueform Group 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.

Rex Trueform Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	423.086	/	1097.157
	=	0.39

Rex Trueform Group'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
	=	444.938	/	1118.666
	=	0.40

Rex Trueform Group (JSE:RTN) 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%.

Rex Trueform Group Equity-to-Asset Related Terms

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

Rex Trueform Group (JSE:RTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rex Trueform Group Ltd (JSE:RTN) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

RTO:South Africa

Address

263 Victoria Road, Unit 1, Rex Trueform Office Park, Salt River, Cape Town, WC, ZAF, 7925

Website

https://www.rextrueform.com

Rex Trueform Group Ltd is a holding company. It is organized into four segments: Retail segment which comprises of the retailing of fashion apparel through Queenspark stores in South Africa. Property segment comprising of the group's property portfolio based in Cape Town, which includes both investment and owner occupied properties. Media and broadcasting segment engaged in the provision of media and satellite equipment and services through Telemedia. Water infrastructure segment comprises of an indirect investment made in a private water and wastewater utility group. The company generates maximum revenue from the Retail segment. The company generates maximum revenue from South Africa itself.