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Texton Property Fund (JSE:TEX) Liabilities-to-Assets : 0.39 (As of Dec. 2023)


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What is Texton Property Fund Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Texton Property Fund's Total Liabilities for the quarter that ended in Dec. 2023 was R1,158.1 Mil. Texton Property Fund's Total Assets for the quarter that ended in Dec. 2023 was R2,995.1 Mil. Therefore, Texton Property Fund's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.39.


Texton Property Fund Liabilities-to-Assets Historical Data

The historical data trend for Texton Property Fund's Liabilities-to-Assets 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.

Texton Property Fund Liabilities-to-Assets Chart

Texton Property Fund Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.53 0.42 0.42 0.33

Texton Property Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets 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 0.41 0.42 0.36 0.33 0.39

Competitive Comparison of Texton Property Fund's Liabilities-to-Assets

For the REIT - Office subindustry, Texton Property Fund's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Texton Property Fund's Liabilities-to-Assets Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Texton Property Fund's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Texton Property Fund's Liabilities-to-Assets falls into.



Texton Property Fund Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Texton Property Fund's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Liabilities-to-Assets (A: Jun. 2023 )=Total Liabilities/Total Assets
=1044.902/3141.916
=0.33

Texton Property Fund's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=1158.086/2995.11
=0.39

* 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.


Texton Property Fund  (JSE:TEX) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Texton Property Fund Liabilities-to-Assets Related Terms

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Texton Property Fund (JSE:TEX) Business Description

Traded in Other Exchanges
N/A
Address
151 Katherine Street, Block D, Vunani Office Park, Sandton, Johannesburg, GT, ZAF, 2031
Texton Property Fund Ltd is a property investment fund. It invests directly in income-producing office properties that offer attractive income and capital appreciation. The overall objective of the fund is to grow its asset base, by investing in well priced, income and quality enhancing investment properties, to optimize returns over time for shareholders. It holds an interest in properties such as Alrode industrial park, Babcock House, Bawtry 270, Belvedere place, Bonmarche and Poundland, Bryanston gate office park, and many others. The Group has three reportable segments: SA direct property, UK direct property, and international investments. Direct property investments are split into office, retail and industrial.