GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » New Frontier Properties Ltd (JSE:NFP) » Definitions » Liabilities-to-Assets

New Frontier Properties (JSE:NFP) Liabilities-to-Assets : 1.54 (As of May. 2020)


View and export this data going back to 2015. Start your Free Trial

What is New Frontier Properties 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. New Frontier Properties's Total Liabilities for the quarter that ended in May. 2020 was R2,388.1 Mil. New Frontier Properties's Total Assets for the quarter that ended in May. 2020 was R1,554.9 Mil. Therefore, New Frontier Properties's Liabilities-to-Assets Ratio for the quarter that ended in May. 2020 was 1.54.


New Frontier Properties Liabilities-to-Assets Historical Data

The historical data trend for New Frontier Properties'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.

New Frontier Properties Liabilities-to-Assets Chart

New Frontier Properties Annual Data
Trend Dec14 Aug16 Aug17 Aug18 Aug19
Liabilities-to-Assets
0.54 0.61 0.64 0.89 1.36

New Frontier Properties Quarterly Data
May15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20
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 1.26 1.36 1.48 1.51 1.54

Competitive Comparison of New Frontier Properties's Liabilities-to-Assets

For the REIT - Retail subindustry, New Frontier Properties'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.


New Frontier Properties's Liabilities-to-Assets Distribution in the REITs Industry

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

* The bar in red indicates where New Frontier Properties's Liabilities-to-Assets falls into.



New Frontier Properties 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.

New Frontier Properties's Liabilities-to-Assets Ratio for the fiscal year that ended in Aug. 2019 is calculated as:

Liabilities-to-Assets (A: Aug. 2019 )=Total Liabilities/Total Assets
=3068.065/2253.104
=1.36

New Frontier Properties's Liabilities-to-Assets Ratio for the quarter that ended in May. 2020 is calculated as

Liabilities-to-Assets (Q: May. 2020 )=Total Liabilities/Total Assets
=2388.107/1554.936
=1.54

* 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.


New Frontier Properties  (JSE:NFP) 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.


New Frontier Properties Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of New Frontier Properties's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


New Frontier Properties (JSE:NFP) Business Description

Traded in Other Exchanges
N/A
Address
B45 Twenty Foot Road, 5th Floor, La Croisette, Grand Baie, MUS
New Frontier Properties Ltd operates as a UK real estate investment trust. The company's primary objective is to acquire and develop good quality, income-generating retail and logistics property in the UK and Europe. Its investment portfolio comprises UK shopping centers, Cleveland Centre in Middlesbrough, Coopers Square in Burton upon Trent, and Houndshill Shopping Centre in Blackpool.

New Frontier Properties (JSE:NFP) Headlines

No Headlines