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Automotive Properties Real Estate Investment Trust (Automotive Properties Real Estate Investment Trust) Liabilities-to-Assets : 0.54 (As of Mar. 2024)


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What is Automotive Properties Real Estate Investment Trust 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. Automotive Properties Real Estate Investment Trust's Total Liabilities for the quarter that ended in Mar. 2024 was $478.02 Mil. Automotive Properties Real Estate Investment Trust's Total Assets for the quarter that ended in Mar. 2024 was $886.50 Mil. Therefore, Automotive Properties Real Estate Investment Trust's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.54.


Automotive Properties Real Estate Investment Trust Liabilities-to-Assets Historical Data

The historical data trend for Automotive Properties Real Estate Investment Trust'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.

Automotive Properties Real Estate Investment Trust Liabilities-to-Assets Chart

Automotive Properties Real Estate Investment Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.58 0.58 0.56 0.52 0.55

Automotive Properties Real Estate Investment Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.55 0.55 0.54 0.55 0.54

Competitive Comparison of Automotive Properties Real Estate Investment Trust's Liabilities-to-Assets

For the REIT - Specialty subindustry, Automotive Properties Real Estate Investment Trust'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.


Automotive Properties Real Estate Investment Trust's Liabilities-to-Assets Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Automotive Properties Real Estate Investment Trust's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Automotive Properties Real Estate Investment Trust's Liabilities-to-Assets falls into.



Automotive Properties Real Estate Investment Trust 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.

Automotive Properties Real Estate Investment Trust'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
=487.413/889.913
=0.55

Automotive Properties Real Estate Investment Trust's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=478.021/886.495
=0.54

* 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.


Automotive Properties Real Estate Investment Trust  (OTCPK:APPTF) 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.


Automotive Properties Real Estate Investment Trust Liabilities-to-Assets Related Terms

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Automotive Properties Real Estate Investment Trust (Automotive Properties Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
133 King Street East, Suite 300, Toronto, ON, CAN, M5C 1G6
Automotive Properties Real Estate Investment Trust is an unincorporated open-ended real estate investment trust focused on investing in high-quality Canadian automotive properties tenanted by automotive dealership groups and automotive brands ranging from mass-market to ultra-luxury. The company holds a portfolio of best-in-class properties located in strategic Canadian urban markets across Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, and Quebec. The primary objectives of the REIT are to provide Unitholders with stable, sustainable and growing cash distributions, and to enhance and expand the REIT's asset portfolio in order to maximize Unitholder value.

Automotive Properties Real Estate Investment Trust (Automotive Properties Real Estate Investment Trust) Headlines

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