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JR Global REIT (XKRX:348950) Liabilities-to-Assets : 0.61 (As of Mar. 2024)


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What is JR Global 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. JR Global REIT's Total Liabilities for the quarter that ended in Mar. 2024 was ₩1,301,966 Mil. JR Global REIT's Total Assets for the quarter that ended in Mar. 2024 was ₩2,131,538 Mil. Therefore, JR Global REIT's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.61.


JR Global REIT Liabilities-to-Assets Historical Data

The historical data trend for JR Global 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.

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JR Global REIT Liabilities-to-Assets Chart

JR Global REIT Annual Data
Trend Jan20 Jun21 Jun22 Jun23
Liabilities-to-Assets
0.06 0.55 0.61 0.57

JR Global REIT Semi-Annual Data
Apr20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial 0.62 0.58 0.59 0.60 0.61

Competitive Comparison of JR Global REIT's Liabilities-to-Assets

For the REIT - Diversified subindustry, JR Global 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.


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

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

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



JR Global 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.

JR Global 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
=1174649.683/2056840.837
=0.57

JR Global 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
=1301965.84/2131537.712
=0.61

* 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.


JR Global REIT  (XKRX:348950) 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.


JR Global REIT Liabilities-to-Assets Related Terms

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JR Global REIT (XKRX:348950) Business Description

Traded in Other Exchanges
N/A
Address
Eulji-ro 100, Jung-gu, Eulji-ro 2-ga, Pine Avenue B-dong, 21st Floor, Seoul, KOR, 05729
JR Global REIT operates as a real estate investment trust. The company's portfolio consists of retail, hotel, hospital, residence, and office among others.

JR Global REIT (XKRX:348950) Headlines

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