AX Real Estate (MAL:AXR) Debt-to-Asset : 0.36 (As of Oct. 2023)

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What is AX Real Estate Debt-to-Asset?

AX Real Estate's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was €54.15 Mil. AX Real Estate's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was €114.99 Mil. AX Real Estate's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Oct. 2023 was €474.03 Mil. AX Real Estate's debt to asset for the quarter that ended in Oct. 2023 was 0.36.

AX Real Estate Debt-to-Asset Historical Data

The historical data trend for AX Real Estate's Debt-to-Asset 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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AX Real Estate Debt-to-Asset Chart

AX Real Estate Annual Data

Trend

Oct21

Oct22

Oct23

Debt-to-Asset

0.23

0.29

0.36

AX Real Estate Semi-Annual Data
	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Asset	0.23	0.20	0.29	0.25	0.36

Competitive Comparison of AX Real Estate's Debt-to-Asset

For the Real Estate - Diversified subindustry, AX Real Estate's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

AX Real Estate's Debt-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, AX Real Estate's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where AX Real Estate's Debt-to-Asset falls into.

AX Real Estate Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

AX Real Estate's Debt-to-Asset for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(54.152	+	114.99)	/	474.028
	=	0.36

AX Real Estate's Debt-to-Asset for the quarter that ended in Oct. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(54.152	+	114.99)	/	474.028
	=	0.36

AX Real Estate (MAL:AXR) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

AX Real Estate Debt-to-Asset Related Terms

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AX Real Estate (MAL:AXR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AX Real Estate PLC (MAL:AXR) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

AX Business Centre, Triq Id-Difiza Civili, Mosta, MLT, MST 1741

Website

https://www.axrealestate.mt

AX Real Estate PLC serves as the holding company of the Estates Group within the AX Group, with the former boasting a diverse portfolio of properties. The company's portfolio includes warehouses, an office block at Hardrocks Industrial Park, as well as an office block at Falcon House. On the other hand, its subsidiaries own a range of properties and developments, such as the Suncrest Hotels, the Royal Hotels, St. John's Boutique Hotel and Palazzo Merkanti Leisure, as well as Central Leisure Developments, Simblija Developments, Heritage Developments and Skyline Developments.