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Town Centre Securities (LSE:TOWN) Liabilities-to-Assets : 0.58 (As of Dec. 2023)


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What is Town Centre Securities 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. Town Centre Securities's Total Liabilities for the quarter that ended in Dec. 2023 was £174.06 Mil. Town Centre Securities's Total Assets for the quarter that ended in Dec. 2023 was £298.04 Mil. Therefore, Town Centre Securities's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.58.


Town Centre Securities Liabilities-to-Assets Historical Data

The historical data trend for Town Centre Securities'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.

Town Centre Securities Liabilities-to-Assets Chart

Town Centre Securities Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.61 0.57 0.52 0.54

Town Centre Securities Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.56 0.52 0.50 0.54 0.58

Competitive Comparison of Town Centre Securities's Liabilities-to-Assets

For the REIT - Diversified subindustry, Town Centre Securities'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.


Town Centre Securities's Liabilities-to-Assets Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Town Centre Securities's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Town Centre Securities's Liabilities-to-Assets falls into.



Town Centre Securities 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.

Town Centre Securities's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Liabilities-to-Assets (A: Jun. 2023 )=Total Liabilities/Total Assets
=165.593/306.681
=0.54

Town Centre Securities'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
=174.064/298.038
=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.


Town Centre Securities  (LSE:TOWN) 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.


Town Centre Securities Liabilities-to-Assets Related Terms

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Town Centre Securities (LSE:TOWN) Business Description

Traded in Other Exchanges
Address
Town Centre House, The Merrion Centre, Leeds, GBR, LS2 8LY
Town Centre Securities PLC is the United Kingdom-based company engaged in property investment, development and trading and the provision of a hotel and car parks. The company operates in three business segments comprising property rental, car park activities and hotel operations. Geographically their operations are performed wholly in the United Kingdom. It serves in various sectors such as retail, leisure, office, car parking, distribution and residential. The company's property portfolio includes Rochdale Retail Park, Marina Residential, Eider House, Brownsfield Mill, Carver's Warehouse, Retail Village, The Arena Quarter, and others. The company derives of the revenue from the Property Rental segment.

Town Centre Securities (LSE:TOWN) Headlines

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