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Goodman Property Trust (NZSE:GMT) Debt-to-Asset : 0.31 (As of Sep. 2023)


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What is Goodman Property Trust Debt-to-Asset?

Goodman Property Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was NZ$152.6 Mil. Goodman Property Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was NZ$1,329.3 Mil. Goodman Property Trust's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was NZ$4,761.3 Mil. Goodman Property Trust's debt to asset for the quarter that ended in Sep. 2023 was 0.31.


Goodman Property Trust Debt-to-Asset Historical Data

The historical data trend for Goodman Property Trust's Debt-to-Asset 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.

Goodman Property Trust Debt-to-Asset Chart

Goodman Property Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.22 0.21 0.23 0.27

Goodman Property Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Debt-to-Asset 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 0.19 0.23 0.26 0.27 0.31

Competitive Comparison of Goodman Property Trust's Debt-to-Asset

For the REIT - Industrial subindustry, Goodman Property Trust's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Goodman Property Trust's Debt-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Goodman Property Trust's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Goodman Property Trust's Debt-to-Asset falls into.



Goodman Property Trust Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Goodman Property Trust's Debt-to-Asset for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(103.3 + 1221.7) / 4853.9
=0.27

Goodman Property Trust's Debt-to-Asset for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(152.6 + 1329.3) / 4761.3
=0.31

* 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.


Goodman Property Trust  (NZSE:GMT) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Goodman Property Trust Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Goodman Property Trust's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Goodman Property Trust (NZSE:GMT) Business Description

Traded in Other Exchanges
N/A
Address
The Hayesbery, 1-11 Hayes Road, Rosebery, Sydney, NSW, AUS, 2018
Goodman Property Trust is one of New Zealand's property trusts, with a portfolio composed of industrial estates, businesses, and a development bank. After selling its Christchurch assets, Goodman is 100% Auckland-centric. The focus over the next few years will be on selling lower-quality assets and redeploying capital to industrial property in strategically important locations. The investment strategy is premised on management's view that industrial assets in premium locations will generate superior long-term returns from lower average vacancy and higher rent growth.

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