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Argo Properties NV (XTAE:ARGO) Liabilities-to-Assets : 0.52 (As of Sep. 2023)


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What is Argo Properties NV 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. Argo Properties NV's Total Liabilities for the quarter that ended in Sep. 2023 was ₪1,507.5 Mil. Argo Properties NV's Total Assets for the quarter that ended in Sep. 2023 was ₪2,909.7 Mil. Therefore, Argo Properties NV's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.52.


Argo Properties NV Liabilities-to-Assets Historical Data

The historical data trend for Argo Properties NV'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.

Argo Properties NV Liabilities-to-Assets Chart

Argo Properties NV Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
0.26 0.33 0.36 0.48

Argo Properties NV Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.46 0.48 0.51 0.51 0.52

Competitive Comparison of Argo Properties NV's Liabilities-to-Assets

For the Real Estate Services subindustry, Argo Properties NV'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.


Argo Properties NV's Liabilities-to-Assets Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Argo Properties NV's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Argo Properties NV's Liabilities-to-Assets falls into.



Argo Properties NV 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.

Argo Properties NV's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=1342.416/2807.31
=0.48

Argo Properties NV'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
=1507.49/2909.673
=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.


Argo Properties NV  (XTAE:ARGO) 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.


Argo Properties NV Liabilities-to-Assets Related Terms

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Argo Properties NV (XTAE:ARGO) Business Description

Traded in Other Exchanges
N/A
Address
Karl-Liebknecht-Strasse 2a, Leipzig, SN, DEU, 04107
Argo Properties NV is a foreign company engaged in the purchase, management, and rental of residential and office buildings in Germany. The company's segment includes Income generating residential real estate and Income generating real estate for development. It generates maximum revenue from the Income generating residential real estate segment.