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Cairn Homes (LSE:CRN) Equity-to-Asset : 0.73 (As of Dec. 2023)


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What is Cairn Homes Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cairn Homes's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £652.3 Mil. Cairn Homes's Total Assets for the quarter that ended in Dec. 2023 was £895.9 Mil. Therefore, Cairn Homes's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.73.

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

LSE:CRN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.72   Med: 0.75   Max: 0.87
Current: 0.73

During the past 9 years, the highest Equity to Asset Ratio of Cairn Homes was 0.87. The lowest was 0.72. And the median was 0.75.

LSE:CRN's Equity-to-Asset is ranked better than
90.38% of 104 companies
in the Homebuilding & Construction industry
Industry Median: 0.5 vs LSE:CRN: 0.73

Cairn Homes Equity-to-Asset Historical Data

The historical data trend for Cairn Homes'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.

Cairn Homes Equity-to-Asset Chart

Cairn Homes Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.79 0.74 0.77 0.73 0.73

Cairn Homes Semi-Annual Data
Jun15 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 0.77 0.66 0.73 0.64 0.73

Competitive Comparison of Cairn Homes's Equity-to-Asset

For the Residential Construction subindustry, Cairn Homes'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.


Cairn Homes's Equity-to-Asset Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Cairn Homes's Equity-to-Asset distribution charts can be found below:

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



Cairn Homes 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.

Cairn Homes'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
=652.299/895.879
=0.73

Cairn Homes'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
=652.299/895.879
=0.73

* 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.


Cairn Homes  (LSE:CRN) 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%.


Cairn Homes Equity-to-Asset Related Terms

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


Cairn Homes (LSE:CRN) Business Description

Traded in Other Exchanges
Address
45 Mespil Road, Dublin, IRL, D04 W2F1
Cairn Homes PLC is an Irish homebuilder. Its core activity is to design and develop properties for residential purposes, majorly in the suburbs of Dublin City. The company's portfolio predominantly comprises single-family homes and apartments that form a minor share. Its sales of residential property drive most company revenues.

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