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Elite UK REIT (SGX:MXNU) Liabilities-to-Assets : 0.53 (As of Dec. 2023)


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What is Elite UK REIT 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. Elite UK REIT's Total Liabilities for the quarter that ended in Dec. 2023 was £236.80 Mil. Elite UK REIT's Total Assets for the quarter that ended in Dec. 2023 was £444.04 Mil. Therefore, Elite UK REIT's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.53.


Elite UK REIT Liabilities-to-Assets Historical Data

The historical data trend for Elite UK REIT'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.

Elite UK REIT Liabilities-to-Assets Chart

Elite UK REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.69 0.35 0.46 0.49 0.53

Elite UK REIT Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only 0.46 0.45 0.49 0.50 0.53

Competitive Comparison of Elite UK REIT's Liabilities-to-Assets

For the REIT - Office subindustry, Elite UK REIT'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.


Elite UK REIT's Liabilities-to-Assets Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Elite UK REIT's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Elite UK REIT's Liabilities-to-Assets falls into.



Elite UK REIT 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.

Elite UK REIT's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=236.801/444.043
=0.53

Elite UK REIT'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
=236.801/444.043
=0.53

* 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.


Elite UK REIT  (SGX:MXNU) 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.


Elite UK REIT Liabilities-to-Assets Related Terms

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Elite UK REIT (SGX:MXNU) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8 Temasek Boulevard, 37-02, Suntec Tower Three, Singapore, SGP, 038988
Elite Commercial REIT invests in commercial assets and real estate-related assets in the UK. It has commercial buildings located across the UK.

Elite UK REIT (SGX:MXNU) Headlines

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