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Principal Real Estateome Fund (Principal Real Estateome Fund) Liabilities-to-Assets : 0.33 (As of Oct. 2023)


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What is Principal Real Estateome Fund 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. Principal Real Estateome Fund's Total Liabilities for the quarter that ended in Oct. 2023 was $32.68 Mil. Principal Real Estateome Fund's Total Assets for the quarter that ended in Oct. 2023 was $98.40 Mil. Therefore, Principal Real Estateome Fund's Liabilities-to-Assets Ratio for the quarter that ended in Oct. 2023 was 0.33.


Principal Real Estateome Fund Liabilities-to-Assets Historical Data

The historical data trend for Principal Real Estateome Fund'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.

Principal Real Estateome Fund Liabilities-to-Assets Chart

Principal Real Estateome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.28 0.31 0.30 0.33 0.33

Principal Real Estateome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.31 0.33 0.33 0.33

Competitive Comparison of Principal Real Estateome Fund's Liabilities-to-Assets

For the Asset Management subindustry, Principal Real Estateome Fund'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.


Principal Real Estateome Fund's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Principal Real Estateome Fund's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Principal Real Estateome Fund's Liabilities-to-Assets falls into.



Principal Real Estateome Fund 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.

Principal Real Estateome Fund's Liabilities-to-Assets Ratio for the fiscal year that ended in Oct. 2023 is calculated as:

Liabilities-to-Assets (A: Oct. 2023 )=Total Liabilities/Total Assets
=32.684/98.402
=0.33

Principal Real Estateome Fund's Liabilities-to-Assets Ratio for the quarter that ended in Oct. 2023 is calculated as

Liabilities-to-Assets (Q: Oct. 2023 )=Total Liabilities/Total Assets
=32.684/98.402
=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.


Principal Real Estateome Fund  (NYSE:PGZ) 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.


Principal Real Estateome Fund Liabilities-to-Assets Related Terms

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Principal Real Estateome Fund (Principal Real Estateome Fund) Business Description

Traded in Other Exchanges
N/A
Address
1290 Broadway, Suite 1000, Denver, CO, USA, 80203
Principal Real Estate Income Fund is a non-diversified, closed-end management investment company. Its investment objective is to provide high current income with capital appreciation by investing in commercial real estate-related securities.
Executives
Laton Spahr other: President of the Adviser 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Adams Nicholas other: Secretary 1055 BROADWAY, 3RD FL, KANSAS CITY MT 64105
Erich Rettinger officer: Treasurer 1290 BROADWAY SUITE 1100, DENVER CO 80203
Brendan Hamill officer: Secretary 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Robert Douglas Mcclure officer: Treasurer 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Matthew Sutula other: Interim CCO 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Jill Kerschen officer: Treasurer 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jennifer Craig officer: Assistant Secretary 1290 BROADWAY SUITE 1100, DENVER CO 80203
Michael Sleightholme other: Officer of Investment Advisor 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Ernest J Scalberg other: Trustee C/O PRINCIPAL REAL ESTATE INCOME FUND, 1290 BROADWAY SUITE 1100, DENVER CO 80203
Kathryn Burns officer: Treasurer 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Ss&c Technologies Holdings Inc other: Affiliate of Inv Adviser 80 LAMBERTON RD, WINDSOR CT 06095
Richard Craig Noyes other: Officer of Investment Advisor 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Sharon R Akselrod other: Assistant Secretary 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Marc Peterson other: Subadvisor Portfolio Manager 6253 PLEASANT ST, WEST DES MOINES IA 50266