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Australian REITome Fund (TSX:HRR.UN) Liabilities-to-Assets : 0.33 (As of Jun. 2023)


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What is Australian REITome 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. Australian REITome Fund's Total Liabilities for the quarter that ended in Jun. 2023 was C$2.73 Mil. Australian REITome Fund's Total Assets for the quarter that ended in Jun. 2023 was C$8.26 Mil. Therefore, Australian REITome Fund's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 0.33.


Australian REITome Fund Liabilities-to-Assets Historical Data

The historical data trend for Australian REITome 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.

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Australian REITome Fund Liabilities-to-Assets Chart

Australian REITome Fund Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.27 0.27 0.24 0.31

Australian REITome Fund Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.24 0.24 0.32 0.31 0.33

Competitive Comparison of Australian REITome Fund's Liabilities-to-Assets

For the REIT - Specialty subindustry, Australian REITome 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.


Australian REITome Fund's Liabilities-to-Assets Distribution in the REITs Industry

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

* The bar in red indicates where Australian REITome Fund's Liabilities-to-Assets falls into.



Australian REITome 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.

Australian REITome Fund's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=2.73/8.875
=0.31

Australian REITome Fund's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

Liabilities-to-Assets (Q: Jun. 2023 )=Total Liabilities/Total Assets
=2.729/8.256
=0.33

* 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.


Australian REITome Fund  (TSX:HRR.UN) 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.


Australian REITome Fund Liabilities-to-Assets Related Terms

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Australian REITome Fund (TSX:HRR.UN) Business Description

Traded in Other Exchanges
N/A
Address
610 Chartwell Road, Suite 204, Oakville, ON, CAN, L6J 4A5
Australian REIT Income Fund invests in an actively managed portfolio comprised primarily of equity securities issued by Australian real estate investment trusts and issuers principally engaged in the real estate industry in Australia. The Fund's investment objectives are to provide unitholders with stable monthly cash distributions and the opportunity for capital appreciation. The Fund is offering Series A units and Series F units.

Australian REITome Fund (TSX:HRR.UN) Headlines

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