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NewRiver REIT (NewRiver REIT) Liabilities-to-Assets : 0.53 (As of Sep. 2023)


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What is NewRiver 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. NewRiver REIT's Total Liabilities for the quarter that ended in Sep. 2023 was $501.98 Mil. NewRiver REIT's Total Assets for the quarter that ended in Sep. 2023 was $957.05 Mil. Therefore, NewRiver REIT's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.53.


NewRiver REIT Liabilities-to-Assets Historical Data

The historical data trend for NewRiver 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.

NewRiver REIT Liabilities-to-Assets Chart

NewRiver REIT Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.56 0.62 0.49 0.52

NewRiver REIT Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.51 0.49 0.50 0.52 0.53

Competitive Comparison of NewRiver REIT's Liabilities-to-Assets

For the REIT - Retail subindustry, NewRiver 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.


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

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

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



NewRiver 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.

NewRiver REIT's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=488.956/948.422
=0.52

NewRiver REIT's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=501.98/957.054
=0.52

* 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.


NewRiver REIT  (OTCPK:NRWRF) 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.


NewRiver REIT Liabilities-to-Assets Related Terms

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NewRiver REIT (NewRiver REIT) Business Description

Traded in Other Exchanges
Address
89 Whitfield Street, London, GBR, W1T 4DE
NewRiver REIT PLC is a real estate investment trust that invests in, manages, and develops retail and leisure properties. The company's property portfolio comprises shopping centers, retail warehouses, and pubs across the United Kingdom. The retail properties contribute the most of the total revenue, and these are largely located in Yorkshire and Humberside, London, Northeast and Southeast England, Scotland, and Wales. The company generates most of its revenue from leasing properties to tenants, which include discount retailers, fashion and accessory stores, groceries, homeware and furniture stores, and dining venues.