Vicinity Centres

ASX VCX.AX

Vicinity Centres Debt to Equity Ratio for the year ending June 30, 2024: 0.43

Vicinity Centres Debt to Equity Ratio is 0.43 for the year ending June 30, 2024, a 3.60% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Vicinity Centres Debt to Equity Ratio for the year ending June 30, 2023 was 0.42, a 10.22% change year over year.
Vicinity Centres Debt to Equity Ratio for the year ending June 30, 2022 was 0.38, a 5.10% change year over year.
Vicinity Centres Debt to Equity Ratio for the year ending June 30, 2021 was 0.36, a -10.00% change year over year.
Vicinity Centres Debt to Equity Ratio for the year ending June 30, 2020 was 0.40, a 0.05% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

ASX: VCX.AX

Vicinity Centres

CEO	Mr. Peter Charles Huddle B.Sc., BECON
IPO Date	Dec. 4, 2011
Location	Australia
Headquarters	Chadstone Tower One
Employees	1,257
Sector	Real Estate
Industries Retail REITs Office REITs

Description

Vicinity Centres (Vicinity or the Group) is one of Australia's leading retail property groups. With a fully integrated asset management platform, and $24 billion in retail assets under management across 63 shopping centres, it is the second largest listed manager of Australian retail property. Vicinity has a Direct Portfolio with interests in 60 shopping centres (including the DFO Brisbane business) and manages 31 assets on behalf of Strategic Partners, 28 of which are co-owned by the Group. Vicinity is listed on the Australian Securities Exchange (ASX) under the code VCX and has over 28,000 securityholders. Vicinity also has European medium term notes listed on the ASX under the code VCD.

Key trends

Past 5 years