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Covivio Hotels (XPAR:COVH) Equity-to-Asset : 0.50 (As of Dec. 2023)


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What is Covivio Hotels Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Covivio Hotels's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €3,387.1 Mil. Covivio Hotels's Total Assets for the quarter that ended in Dec. 2023 was €6,723.7 Mil. Therefore, Covivio Hotels's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.50.

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

XPAR:COVH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43   Med: 0.49   Max: 0.52
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of Covivio Hotels was 0.52. The lowest was 0.43. And the median was 0.49.

XPAR:COVH's Equity-to-Asset is ranked worse than
63.71% of 857 companies
in the REITs industry
Industry Median: 0.57 vs XPAR:COVH: 0.50

Covivio Hotels Equity-to-Asset Historical Data

The historical data trend for Covivio Hotels'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.

Covivio Hotels Equity-to-Asset Chart

Covivio Hotels 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 0.48 0.43 0.47 0.51 0.50

Covivio Hotels 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 0.47 0.49 0.51 0.49 0.50

Competitive Comparison of Covivio Hotels's Equity-to-Asset

For the REIT - Hotel & Motel subindustry, Covivio Hotels'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.


Covivio Hotels's Equity-to-Asset Distribution in the REITs Industry

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

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



Covivio Hotels 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.

Covivio Hotels'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
=3387.137/6723.705
=0.50

Covivio Hotels'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
=3387.137/6723.705
=0.50

* 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.


Covivio Hotels  (XPAR:COVH) 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%.


Covivio Hotels Equity-to-Asset Related Terms

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


Covivio Hotels (XPAR:COVH) Business Description

Traded in Other Exchanges
Address
10 avenue Kleber, Paris, FRA, 75208
Covivio Hotels is engaged in the real estate sector. The company functions as a real estate investment trust, with special emphasis in the holding and management of real estate assets particularly in the hotel sector. Its investment portfolio includes hotels, massage therapy institutes, clinics, garden centers and leisure villages located in Europe.

Covivio Hotels (XPAR:COVH) Headlines

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