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Diversified Royalty (Diversified Royalty) Liabilities-to-Assets : 0.58 (As of Dec. 2023)


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What is Diversified Royalty 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. Diversified Royalty's Total Liabilities for the quarter that ended in Dec. 2023 was $245.94 Mil. Diversified Royalty's Total Assets for the quarter that ended in Dec. 2023 was $422.89 Mil. Therefore, Diversified Royalty's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.58.


Diversified Royalty Liabilities-to-Assets Historical Data

The historical data trend for Diversified Royalty'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.

Diversified Royalty Liabilities-to-Assets Chart

Diversified Royalty 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 0.45 0.47 0.50 0.49 0.58

Diversified Royalty Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.49 0.49 0.49 0.49 0.58

Competitive Comparison of Diversified Royalty's Liabilities-to-Assets

For the Conglomerates subindustry, Diversified Royalty'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.


Diversified Royalty's Liabilities-to-Assets Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Diversified Royalty's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Diversified Royalty's Liabilities-to-Assets falls into.



Diversified Royalty 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.

Diversified Royalty'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
=245.935/422.891
=0.58

Diversified Royalty'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
=245.935/422.891
=0.58

* 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.


Diversified Royalty  (OTCPK:BEVFF) 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.


Diversified Royalty Liabilities-to-Assets Related Terms

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Diversified Royalty (Diversified Royalty) Business Description

Traded in Other Exchanges
Address
609 Granville Street, Suite 330, P.O. Box 10033, Vancouver, BC, CAN, V7Y 1A1
Diversified Royalty Corp is a multi-royalty company. It is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. As a part of the investment strategy, the firm always purchases trademarks of the companies it is going to acquire. The company gives its partners the benefit of full operational control of their business, participation in the growth of their company, and tax deductibility on royal payments. All of the company's operating revenues are earned from the receipt of royalties and management fees from its Royalty Partners.

Diversified Royalty (Diversified Royalty) Headlines

From GuruFocus

Diversified Royalty Corp. Provides a Business Update

By GlobeNewswire GlobeNewswire 09-14-2020

Diversified Royalty Corp. Announces December 2022 Cash Dividend

By GlobeNewswire GlobeNewswire 12-05-2022

Diversified Royalty Corp. Announces Second Quarter Results

By GlobeNewswire GlobeNewswire 08-08-2020

Diversified Royalty Corp. Announces February 2022 Cash Dividend

By GlobeNewswire GlobeNewswire 02-02-2022

Diversified Royalty Corp. Announces July 2022 Cash Dividend

By GlobeNewswire GlobeNewswire 07-05-2022

Diversified Royalty Corp. Announces December 2020 Cash Dividend

By GlobeNewswire GlobeNewswire 12-05-2020