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Fortune Real Estate Investment Trust (Fortune Real Estate Investment Trust) Liabilities-to-Assets : 0.29 (As of Dec. 2023)


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What is Fortune 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. Fortune Real Estate Investment Trust's Total Liabilities for the quarter that ended in Dec. 2023 was $1,463.6 Mil. Fortune Real Estate Investment Trust's Total Assets for the quarter that ended in Dec. 2023 was $5,059.1 Mil. Therefore, Fortune Real Estate Investment Trust's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.29.


Fortune Real Estate Investment Trust Liabilities-to-Assets Historical Data

The historical data trend for Fortune 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.

Fortune Real Estate Investment Trust Liabilities-to-Assets Chart

Fortune Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.27 0.27 0.28 0.29

Fortune Real Estate Investment 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 0.27 0.27 0.28 0.28 0.29

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

For the REIT - Retail subindustry, Fortune 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.


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

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

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



Fortune 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.

Fortune 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
=1463.571/5059.067
=0.29

Fortune Real Estate Investment 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
=1463.571/5059.067
=0.29

* 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.


Fortune Real Estate Investment Trust  (OTCPK:FRIVF) 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.


Fortune Real Estate Investment Trust Liabilities-to-Assets Related Terms

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Fortune Real Estate Investment Trust (Fortune Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
5 Temasek Boulevard, No. 12-01, Suntec Tower 5, Singapore, SGP, 038985
Fortune Real Estate Investment Trust is a real estate company that invests in retail shopping malls located in Hong Kong and Singapore with the primary objective of producing stable distributions for unitholders and achieving long-term growth in the net asset value per unit. The trust generates the majority of its revenue from rents and leases, with the remaining revenue from utility charges, management fees, car park revenue, license fees, and other sources. Fortune REIT's tenants include supermarkets, banking, and real estate services companies, restaurants, convenience stores, and general retailers.

Fortune Real Estate Investment Trust (Fortune Real Estate Investment Trust) Headlines

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