Trastor Real Estate Investment Co (ATH:TRASTOR) LT-Debt-to-Total-Asset : 0.43 (As of Dec. 2023)

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What is Trastor Real Estate Investment Co LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Trastor Real Estate Investment Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.43.

Trastor Real Estate Investment Co's long-term debt to total assets ratio declined from Dec. 2022 (0.48) to Dec. 2023 (0.43). It may suggest that Trastor Real Estate Investment Co is progressively becoming less dependent on debt to grow their business.

Trastor Real Estate Investment Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Trastor Real Estate Investment Co's LT-Debt-to-Total-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.

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Trastor Real Estate Investment Co LT-Debt-to-Total-Asset Chart

Trastor Real Estate Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.42

0.47

0.46

0.48

0.43

Trastor Real Estate Investment Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.46	0.46	0.48	0.46	0.43

Trastor Real Estate Investment Co LT-Debt-to-Total-Asset Calculation

Trastor Real Estate Investment Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	217.781	/	504.322
	=	0.43

Trastor Real Estate Investment Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	217.781	/	504.322
	=	0.43

Trastor Real Estate Investment Co (ATH:TRASTOR) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

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Trastor Real Estate Investment Co (ATH:TRASTOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Trastor Real Estate Investment Co SA (ATH:TRASTOR) » Definitions » LT-Debt-to-Total-Asset

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N/A

Address

5 Chimarras Street, Maroussi, Athens, GRC, 15125

Website

http://www.trastor.gr

Trastor Real Estate Investment Co SA is a special purpose real estate investment company. The main purpose of the company is to invest in commercial and professional real estate and its management. Trastor's property portfolio consists of eleven commercial and business properties, a portfolio of ten gas stations and three plots across Greece. The company has structured its business segments according to the origin of the income per property type which includes Shops, Office Spaces, Fuel Stations, and Parking. The company's operations are mainly conducted in Greek.

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