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Carindale Property Trust (ASX:CDP) Liabilities-to-Assets : 0.33 (As of Dec. 2023)


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What is Carindale Property 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. Carindale Property Trust's Total Liabilities for the quarter that ended in Dec. 2023 was A$253.72 Mil. Carindale Property Trust's Total Assets for the quarter that ended in Dec. 2023 was A$775.86 Mil. Therefore, Carindale Property Trust's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.33.


Carindale Property Trust Liabilities-to-Assets Historical Data

The historical data trend for Carindale Property 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.

Carindale Property Trust Liabilities-to-Assets Chart

Carindale Property Trust 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 0.34 0.41 0.38 0.34 0.33

Carindale Property Trust 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 0.37 0.34 0.34 0.33 0.33

Competitive Comparison of Carindale Property Trust's Liabilities-to-Assets

For the REIT - Retail subindustry, Carindale Property 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.


Carindale Property Trust's Liabilities-to-Assets Distribution in the REITs Industry

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

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



Carindale Property 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.

Carindale Property Trust'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
=260.271/788.694
=0.33

Carindale Property Trust'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
=253.724/775.858
=0.33

* 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.


Carindale Property Trust  (ASX:CDP) 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.


Carindale Property Trust Liabilities-to-Assets Related Terms

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Carindale Property Trust (ASX:CDP) Business Description

Traded in Other Exchanges
N/A
Address
85 Castlereagh Street, Level 30, Sydney, NSW, AUS, 2000
Carindale Property Trust is engaged in the long-term ownership of the interest in the Westfield cardinal shopping center. The company derives revenue from shopping center base rent and other property income.