GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Olimpo Real Estate Portugal SIGI SA (XLIS:MLORE) » Definitions » Liabilities-to-Assets

Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Liabilities-to-Assets : 0.48 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Olimpo Real Estate Portugal SIGI 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. Olimpo Real Estate Portugal SIGI's Total Liabilities for the quarter that ended in Dec. 2023 was €41.41 Mil. Olimpo Real Estate Portugal SIGI's Total Assets for the quarter that ended in Dec. 2023 was €86.92 Mil. Therefore, Olimpo Real Estate Portugal SIGI's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.48.


Olimpo Real Estate Portugal SIGI Liabilities-to-Assets Historical Data

The historical data trend for Olimpo Real Estate Portugal SIGI'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.

Olimpo Real Estate Portugal SIGI Liabilities-to-Assets Chart

Olimpo Real Estate Portugal SIGI Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.02 0.26 0.34 0.45 0.48

Olimpo Real Estate Portugal SIGI Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial 0.34 0.35 0.45 0.48 0.48

Competitive Comparison of Olimpo Real Estate Portugal SIGI's Liabilities-to-Assets

For the REIT - Diversified subindustry, Olimpo Real Estate Portugal SIGI'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.


Olimpo Real Estate Portugal SIGI's Liabilities-to-Assets Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Olimpo Real Estate Portugal SIGI's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Olimpo Real Estate Portugal SIGI's Liabilities-to-Assets falls into.



Olimpo Real Estate Portugal SIGI 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.

Olimpo Real Estate Portugal SIGI'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
=41.41/86.924
=0.48

Olimpo Real Estate Portugal SIGI'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
=41.41/86.924
=0.48

* 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.


Olimpo Real Estate Portugal SIGI  (XLIS:MLORE) 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.


Olimpo Real Estate Portugal SIGI Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Olimpo Real Estate Portugal SIGI's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Business Description

Traded in Other Exchanges
N/A
Address
Lugar do Espido, Via Norte, Miaia, PRT, 4471-909
Olimpo Real Estate Portugal SIGI SA is a real estate investment and asset management company. The company's objectives are to acquire offices and commercial real estate assets with long-term growth potential in the Portuguese and Spanish markets.

Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Headlines

No Headlines