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The Keg Royaltiesome Fund (TSX:KEG.UN) Liabilities-to-Assets : 0.60 (As of Mar. 2024)


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What is The Keg Royaltiesome 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. The Keg Royaltiesome Fund's Total Liabilities for the quarter that ended in Mar. 2024 was C$156.18 Mil. The Keg Royaltiesome Fund's Total Assets for the quarter that ended in Mar. 2024 was C$259.21 Mil. Therefore, The Keg Royaltiesome Fund's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.60.


The Keg Royaltiesome Fund Liabilities-to-Assets Historical Data

The historical data trend for The Keg Royaltiesome 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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The Keg Royaltiesome Fund Liabilities-to-Assets Chart

The Keg Royaltiesome Fund 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 0.59 0.53 0.60 0.63 0.59

The Keg Royaltiesome Fund Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.62 0.62 0.57 0.59 0.60

Competitive Comparison of The Keg Royaltiesome Fund's Liabilities-to-Assets

For the Restaurants subindustry, The Keg Royaltiesome 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.


The Keg Royaltiesome Fund's Liabilities-to-Assets Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, The Keg Royaltiesome Fund's Liabilities-to-Assets distribution charts can be found below:

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



The Keg Royaltiesome 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.

The Keg Royaltiesome 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
=154.152/260.985
=0.59

The Keg Royaltiesome Fund's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=156.177/259.211
=0.60

* 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.


The Keg Royaltiesome Fund  (TSX:KEG.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.


The Keg Royaltiesome Fund Liabilities-to-Assets Related Terms

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The Keg Royaltiesome Fund (TSX:KEG.UN) Business Description

Traded in Other Exchanges
Address
10100 Shellbridge Way, Richmond, BC, CAN, V6X 2W7
The Keg Royalties Income Fund is a Canada-based company. The organization works in the Restaurant business sector. Its primary activity is operating and franchising keg steakhouses and bar restaurants in Canada and the United States. The target market of this company is those people who want a higher-end casual dining experience.

The Keg Royaltiesome Fund (TSX:KEG.UN) Headlines

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