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European Residential REIT (TSX:ERE.UN) Liabilities-to-Assets : 0.74 (As of Mar. 2024)


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What is European Residential 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. European Residential REIT's Total Liabilities for the quarter that ended in Mar. 2024 was C$1,875.5 Mil. European Residential REIT's Total Assets for the quarter that ended in Mar. 2024 was C$2,534.3 Mil. Therefore, European Residential REIT's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.74.


European Residential REIT Liabilities-to-Assets Historical Data

The historical data trend for European Residential 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.

European Residential REIT Liabilities-to-Assets Chart

European Residential REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.82 0.76 0.77 0.72 0.75

European Residential REIT 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 0.76 0.75 0.74 0.75 0.74

Competitive Comparison of European Residential REIT's Liabilities-to-Assets

For the REIT - Residential subindustry, European Residential 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.


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

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

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



European Residential 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.

European Residential REIT'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
=1895.265/2520.341
=0.75

European Residential REIT'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
=1875.472/2534.283
=0.74

* 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.


European Residential REIT  (TSX:ERE.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.


European Residential REIT Liabilities-to-Assets Related Terms

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European Residential REIT (TSX:ERE.UN) Business Description

Traded in Other Exchanges
Address
11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1
European Residential REIT is an unincorporated, open-ended real estate investment trust. The company is focused on multi-residential real estate investment trust, with a current initial focus on investing in multi-residential real estate properties in Europe. The REIT owns and operates a portfolio of multi-residential properties, including apartments and townhomes, as well as commercial properties in Europe.

European Residential REIT (TSX:ERE.UN) Headlines

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