AX Real Estate (MAL:AXR) Equity-to-Asset : 0.49 (As of Oct. 2023)

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What is AX Real Estate Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AX Real Estate's Total Stockholders Equity for the quarter that ended in Oct. 2023 was €230.80 Mil. AX Real Estate's Total Assets for the quarter that ended in Oct. 2023 was €474.03 Mil. Therefore, AX Real Estate's Equity to Asset Ratio for the quarter that ended in Oct. 2023 was 0.49.

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

MAL:AXR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49 Med: 0.56 Max: 0.63
Current: 0.49

During the past 3 years, the highest Equity to Asset Ratio of AX Real Estate was 0.63. The lowest was 0.49. And the median was 0.56.

MAL:AXR's Equity-to-Asset is ranked better than
57.33% of 1835 companies
in the Real Estate industry
Industry Median: 0.44 vs MAL:AXR: 0.49

AX Real Estate Equity-to-Asset Historical Data

The historical data trend for AX 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.

AX Real Estate Equity-to-Asset Chart

AX Real Estate Annual Data

Trend

Oct21

Oct22

Oct23

Equity-to-Asset

0.63

0.56

0.49

AX Real Estate Semi-Annual Data
	Oct21	Apr22	Oct22	Apr23	Oct23
Equity-to-Asset	0.63	0.52	0.56	0.48	0.49

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

For the Real Estate - Diversified subindustry, AX 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.

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

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

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

AX 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.

AX Real Estate's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	230.802	/	474.028
	=	0.49

AX Real Estate's Equity to Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

Equity to Asset (Q: Oct. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	230.802	/	474.028
	=	0.49

AX Real Estate (MAL:AXR) 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%.

AX Real Estate Equity-to-Asset Related Terms

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

AX Real Estate (MAL:AXR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AX Real Estate PLC (MAL:AXR) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

AX Business Centre, Triq Id-Difiza Civili, Mosta, MLT, MST 1741

Website

https://www.axrealestate.mt

AX Real Estate PLC serves as the holding company of the Estates Group within the AX Group, with the former boasting a diverse portfolio of properties. The company's portfolio includes warehouses, an office block at Hardrocks Industrial Park, as well as an office block at Falcon House. On the other hand, its subsidiaries own a range of properties and developments, such as the Suncrest Hotels, the Royal Hotels, St. John's Boutique Hotel and Palazzo Merkanti Leisure, as well as Central Leisure Developments, Simblija Developments, Heritage Developments and Skyline Developments.