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Washington Prime Group (Washington Prime Group) Liabilities-to-Assets : 0.89 (As of Jun. 2021)


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What is Washington Prime Group 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. Washington Prime Group's Total Liabilities for the quarter that ended in Jun. 2021 was $3,575.70 Mil. Washington Prime Group's Total Assets for the quarter that ended in Jun. 2021 was $4,031.49 Mil. Therefore, Washington Prime Group's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2021 was 0.89.


Washington Prime Group Liabilities-to-Assets Historical Data

The historical data trend for Washington Prime Group'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.

Washington Prime Group Liabilities-to-Assets Chart

Washington Prime Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.75 0.72 0.74 0.79 0.85

Washington Prime Group Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 0.82 0.83 0.85 0.86 0.89

Competitive Comparison of Washington Prime Group's Liabilities-to-Assets

For the REIT - Retail subindustry, Washington Prime Group'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.


Washington Prime Group's Liabilities-to-Assets Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Washington Prime Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Washington Prime Group's Liabilities-to-Assets falls into.



Washington Prime Group 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.

Washington Prime Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Liabilities-to-Assets (A: Dec. 2020 )=Total Liabilities/Total Assets
=3500.884/4105.347
=0.85

Washington Prime Group's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2021 is calculated as

Liabilities-to-Assets (Q: Jun. 2021 )=Total Liabilities/Total Assets
=3575.698/4031.493
=0.89

* 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.


Washington Prime Group  (OTCPK:WPGIQ.PFD) 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.


Washington Prime Group Liabilities-to-Assets Related Terms

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Washington Prime Group (Washington Prime Group) Business Description

Traded in Other Exchanges
N/A
Address
180 East Broad Street, Columbus, OH, USA, 43215
Washington Prime Group Inc is a self-managed real estate investment trust that invests in, manages, and develops retail properties. The company's portfolio consists of community shopping centres and malls across the United States, with most properties located in Texas, Ohio, Indiana, Illinois, and Florida. It generates the majority of revenue from leasing properties to tenants, which include department stores, restaurants, homeware and furniture stores, entertainment venues, general retailers, and cosmetic stores.
Executives
Stephan Gerber officer: Senior VP, Property Mgmt. C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Joshua Lindimore officer: Senior VP, Head of Leasing C/O WASHINGTON PRIME GROUP, 180 EAST BROAD STREET, COLUMBUS OH 43215
Armand Mastropietro officer: Exec VP, Property Management C/O GLIMCHER REALTY TRUST, 180 EAST BROAD STREET, COLUMBUS OH 43215
Paul S Ajdaharian officer: Exec VP, Head of Open Air Ctrs C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Gregory E Zimmerman officer: Exec VP, Development 909 WALNUT, SUITE 200, KANSAS CITY MO 64106
J. Taggart Birge director C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Von Blucher Sheryl G. director C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
John F Levy director C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
John J Dillon director C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Gregory A Gorospe officer: EVP, General Counsel,Secretary 180 EAST BROAD STREET, COLUMBUS OH 43215
Farinaz S Tehrani officer: EVP, Legal & Compliance 180 EAST BROAD STREET, COLUMBUS OH 43215
Michael P Glimcher director, officer: Vice Chairman and CEO C/O GLIMCHER REALTY TRUST, 180 EAST BROAD STREET, COLUMBUS OH 43215
Mark Edward Yale officer: EVP, CFO C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Melissa A. Indest officer: CAO and SVP,Finance C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Niles C Overly director 180 EAST BROAD STREET, COLUMBUS OH 43215

Washington Prime Group (Washington Prime Group) Headlines

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