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SAorate Real Estate (JSE:SAC) Equity-to-Asset : 0.55 (As of Dec. 2023)


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What is SAorate Real Estate Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SAorate Real Estate's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R11,035 Mil. SAorate Real Estate's Total Assets for the quarter that ended in Dec. 2023 was R19,933 Mil. Therefore, SAorate Real Estate's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.55.

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

JSE:SAC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.55   Med: 0.62   Max: 0.71
Current: 0.55

During the past 13 years, the highest Equity to Asset Ratio of SAorate Real Estate was 0.71. The lowest was 0.55. And the median was 0.62.

JSE:SAC's Equity-to-Asset is ranked worse than
52.56% of 858 companies
in the REITs industry
Industry Median: 0.57 vs JSE:SAC: 0.55

SAorate Real Estate Equity-to-Asset Historical Data

The historical data trend for SAorate Real Estate'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.

SAorate Real Estate Equity-to-Asset Chart

SAorate Real Estate 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 0.61 0.56 0.59 0.59 0.55

SAorate Real Estate 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 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 0.59 0.59 0.59 0.61 0.55

Competitive Comparison of SAorate Real Estate's Equity-to-Asset

For the REIT - Diversified subindustry, SAorate Real Estate'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.


SAorate Real Estate's Equity-to-Asset Distribution in the REITs Industry

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

* The bar in red indicates where SAorate Real Estate's Equity-to-Asset falls into.



SAorate Real Estate 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.

SAorate Real Estate'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
=11034.9/19933.224
=0.55

SAorate Real Estate'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
=11034.9/19933.224
=0.55

* 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.


SAorate Real Estate  (JSE:SAC) 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%.


SAorate Real Estate Equity-to-Asset Related Terms

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


SAorate Real Estate (JSE:SAC) Business Description

Traded in Other Exchanges
N/A
Address
Corner Lower Road and West Road South, GreenPark Corner, 16th Floor, Morningside, Johannesburg, GT, ZAF, 2196
SA Corporate Real Estate Ltd is a real estate investment trust. The company's portfolio includes mostly industrial and retail properties, with the remainder inner-city residential and commercial assets. The properties are mainly located in the metropolitan centres of South Africa, with more than half located in Gauteng, approximately one third in KwaZulu-Natal, and the others in Western Cape and other regions. The company's tenants consist of large national tenants, government tenants and franchisees.

SAorate Real Estate (JSE:SAC) Headlines

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