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Centuria Office REIT (ASX:COF) Liabilities-to-Assets : 0.45 (As of Dec. 2023)


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What is Centuria Office REIT 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. Centuria Office REIT's Total Liabilities for the quarter that ended in Dec. 2023 was A$978.0 Mil. Centuria Office REIT's Total Assets for the quarter that ended in Dec. 2023 was A$2,159.1 Mil. Therefore, Centuria Office REIT's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.45.


Centuria Office REIT Liabilities-to-Assets Historical Data

The historical data trend for Centuria Office REIT'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.

Centuria Office REIT Liabilities-to-Assets Chart

Centuria Office REIT Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.37 0.40 0.38 0.38 0.43

Centuria Office REIT Semi-Annual Data
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 0.38 0.38 0.40 0.43 0.45

Competitive Comparison of Centuria Office REIT's Liabilities-to-Assets

For the REIT - Office subindustry, Centuria Office REIT'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.


Centuria Office REIT's Liabilities-to-Assets Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Centuria Office REIT's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Centuria Office REIT's Liabilities-to-Assets falls into.



Centuria Office REIT 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.

Centuria Office REIT'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
=994.673/2311.017
=0.43

Centuria Office REIT'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
=977.979/2159.095
=0.45

* 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.


Centuria Office REIT  (ASX:COF) 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.


Centuria Office REIT Liabilities-to-Assets Related Terms

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Centuria Office REIT (ASX:COF) Business Description

Traded in Other Exchanges
N/A
Address
2 Chifley Square, Level 41, Chifley Tower, Sydney, NSW, AUS, 2000
Centuria Office REIT is an Australia-based pure-play office REIT. The company owns a portfolio of assets situated in core office markets throughout Australia. COF is overseen by a hands-on, active manager and provides investors with income and the opportunity for capital growth from a pure play portfolio of high-quality Australian office assets.