Vicinity Centres (ASX:VCX) Liabilities-to-Assets : 0.31 (As of Dec. 2025)

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ASX:VCX Vicinity Centres ASX:VCX
68 GF Score
Price A$2.58
GF Value A$1.80
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Vicinity Centres Liabilities-to-Assets?

Vicinity Centres ASX:VCX -0.77% 68 Liabilities-to-Assets is 0.31 as of Dec. 2025. GuruFocus rates ASX:VCX with a GF Score™ of 68/100 and a GF Value™ of A$1.80 (Significantly Overvalued). The stock has 9 warning signs investors should review.

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. Vicinity Centres's Total Liabilities for the quarter that ended in Dec. 2025 was A$5,188 Mil. Vicinity Centres's Total Assets for the quarter that ended in Dec. 2025 was A$16,933 Mil. Therefore, Vicinity Centres's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2025 was 0.31.


Vicinity Centres  (ASX:VCX) 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.


Vicinity Centres Liabilities-to-Assets Related Terms


Vicinity Centres Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Vicinity Centres'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.

Vicinity Centres Liabilities-to-Assets Chart

Vicinity Centres Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.30 0.32 0.32 0.32

Vicinity Centres Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.31 0.32 0.34 0.32 0.31

ASX:VCX vs SPG, O, KIM: Liabilities-to-Assets Comparison

For the REIT - Retail subindustry, Vicinity Centres'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.


Vicinity Centres Liabilities-to-Assets vs REITs Industry

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

* The bar in red indicates where Vicinity Centres's Liabilities-to-Assets falls into.


ASX:VCX
68GF Score
Vicinity Centres ASX:VCX
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vicinity Centres 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.

Vicinity Centres's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2025 is calculated as:

Liabilities-to-Assets (A: Jun. 2025 )=Total Liabilities/Total Assets
=5214.6/16342.5
=0.32

Vicinity Centres's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2025 is calculated as

Liabilities-to-Assets (Q: Dec. 2025 )=Total Liabilities/Total Assets
=5188.2/16933.3
=0.31

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.31 mean?
Vicinity Centres (ASX:VCX) has a Liabilities-to-Assets of 0.31 as of Dec. 2025. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Vicinity Centres and its competitors.
Is Vicinity Centres' Liabilities-to-Assets too high?
Vicinity Centres' current Liabilities-to-Assets is 0.31. Overall, Vicinity Centres has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vicinity Centres' Liabilities-to-Assets compare to SPG and O?
Vicinity Centres' Liabilities-to-Assets of 0.31 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a REITs company?
A good Liabilities-to-Assets depends on the REITs industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Vicinity Centres and its competitors. Vicinity Centres's current Liabilities-to-Assets is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vicinity Centres stock overvalued right now?
Based on GuruFocus' analysis, Vicinity Centres (ASX:VCX) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.80, compared to a current price of A$2.58 — trading 43.3% above its estimated fair value. The current Liabilities-to-Assets is 0.31. Vicinity Centres' overall GF Score™ is 68/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Vicinity Centres (ASX:VCX), the current Liabilities-to-Assets is 0.31 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Vicinity Centres (ASX:VCX) Overvalued in 2026?

Based on GuruFocus' analysis, Vicinity Centres stock appears to be overvalued. The current stock price of A$2.58 is trading 43.3% above its estimated GF Value™ of A$1.80. GuruFocus considers Vicinity Centres to be Significantly Overvalued.

Key valuation signals for ASX:VCX:

  • Liabilities-to-Assets: 0.31
  • GF Value™: A$1.80 vs. price of A$2.58 (43.3% above fair value)
  • GF Score™: 68/100 with 9 warning signs

No single metric tells the full story. See the ASX:VCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vicinity Centres Business Description

Industry Real EstateREITs
Other Exchanges CNRAF:USA
Address 1341 Dandenong Road, Level 4, Chadstone Tower One, Chadstone, Melbourne, VIC, AUS, 3148
Vicinity Centres operates about 50 shopping malls in Australia. They include several iconic city centers, like Queen Victoria Building, The Strand Arcade and The Galeries in Sydney, which are frequented by tourists and office workers nearby. Melbourne's Chadstone, Vicinity's crown jewel, is Australia's largest and highest turnover shopping mall. Smaller regional and neighborhood centers, to which Vicinity is consciously trimming exposure, account for around 15% of the portfolio. Vast majority of Vicinity's income is derived from rents. The group also earns small management fees for managing properties and development projects on behalf of capital partners.
68GF Score

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Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$2.58
Price
A$1.80
GF Value