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Al Rajhi REIT Fund (SAU:4340) Liabilities-to-Assets : 0.30 (As of Jun. 2024)


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What is Al Rajhi REIT 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. Al Rajhi REIT Fund's Total Liabilities for the quarter that ended in Jun. 2024 was ﷼946.0 Mil. Al Rajhi REIT Fund's Total Assets for the quarter that ended in Jun. 2024 was ﷼3,155.5 Mil. Therefore, Al Rajhi REIT Fund's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.30.


Al Rajhi REIT Fund Liabilities-to-Assets Historical Data

The historical data trend for Al Rajhi REIT 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.

Al Rajhi REIT Fund Liabilities-to-Assets Chart

Al Rajhi REIT Fund Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.34 0.35 0.40 0.42 0.29

Al Rajhi REIT Fund Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.42 0.42 0.62 0.29 0.30

Competitive Comparison of Al Rajhi REIT Fund's Liabilities-to-Assets

For the REIT - Diversified subindustry, Al Rajhi REIT 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.


Al Rajhi REIT Fund's Liabilities-to-Assets Distribution in the REITs Industry

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

* The bar in red indicates where Al Rajhi REIT Fund's Liabilities-to-Assets falls into.


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Al Rajhi REIT 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.

Al Rajhi REIT Fund'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
=922.325/3136.064
=0.29

Al Rajhi REIT Fund's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 is calculated as

Liabilities-to-Assets (Q: Jun. 2024 )=Total Liabilities/Total Assets
=945.998/3155.524
=0.30

* 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.


Al Rajhi REIT Fund  (SAU:4340) 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.


Al Rajhi REIT Fund Liabilities-to-Assets Related Terms

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Al Rajhi REIT Fund Business Description

Traded in Other Exchanges
N/A
Address
King Fahad Road, Unit No. 1, PO Box 5561, Al Muruj District, Riyadh, SAU, 11432
Al Rajhi REIT Fund is a close-ended real estate investment traded fund. The investment objective of the company is to invest in income-generating real estate assets. It is divided into four divisions namely Brokerage, Asset Management, Investment Banking, and Research. The Brokerage Division offers a comprehensive brokerage and execution service, The Asset management division manages global, regional, and local mutual funds. Investment Banking offers a complete range of strategic financial advisory services, including debt and equity structuring and arranging to assist clients in achieving their business and financial goals. The research division focuses on delivering detailed investment analysis of regional and international equity, markets, and economies.

Al Rajhi REIT Fund Headlines

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