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PLYM.PRA.PFD (Plymouth Industrial REIT) Liabilities-to-Assets : 0.71 (As of Sep. 2024)


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What is Plymouth Industrial REIT 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. Plymouth Industrial REIT's Total Liabilities for the quarter that ended in Sep. 2024 was $1,054.77 Mil. Plymouth Industrial REIT's Total Assets for the quarter that ended in Sep. 2024 was $1,496.41 Mil. Therefore, Plymouth Industrial REIT's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.71.


Plymouth Industrial REIT Liabilities-to-Assets Historical Data

The historical data trend for Plymouth Industrial REIT'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.

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Plymouth Industrial REIT Liabilities-to-Assets Chart

Plymouth Industrial REIT 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 0.65 0.63 0.60 0.66 0.66

Plymouth Industrial REIT Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.66 0.66 0.66 0.66 0.71

Competitive Comparison of Plymouth Industrial REIT's Liabilities-to-Assets

For the REIT - Industrial subindustry, Plymouth Industrial REIT'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.


Plymouth Industrial REIT's Liabilities-to-Assets Distribution in the REITs Industry

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

* The bar in red indicates where Plymouth Industrial REIT's Liabilities-to-Assets falls into.



Plymouth Industrial REIT 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.

Plymouth Industrial REIT'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
=953.657/1441.899
=0.66

Plymouth Industrial REIT's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=1054.766/1496.411
=0.70

* 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.


Plymouth Industrial REIT  (AMEX:PLYM.PRA.PFD) 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.


Plymouth Industrial REIT Liabilities-to-Assets Related Terms

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Plymouth Industrial REIT Business Description

Traded in Other Exchanges
Address
20 Custom House Street, 11th Floor, Boston, MA, USA, 02110
Plymouth Industrial REIT Inc is a full-service, vertically integrated, self-administered, and self-managed Maryland corporation. It is focused on the acquisition, ownership, and management of single and multi-tenant Class B industrial properties, including distribution centers, warehouses, and light industrial properties, located in secondary and primary markets across the United States. The company has one reportable segment, which is Industrial properties. The majority of its property portfolio is spread across Florida, Ohio, Indiana, Tennessee, Illinois and Georgia, among others. It receives income primarily from the rental revenue through its properties.
Executives
Jeffrey E Witherell director, officer: CEO C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Daniel C Wright officer: CFO C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Pendleton P White director, officer: President and CIO C/O CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Martin Barber director C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
David Gaw director C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Philip S Cottone director C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Richard J Deagazio director C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110