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Alternativeome REIT (LSE:AIRE) LT-Debt-to-Total-Asset : 0.37 (As of Dec. 2023)


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What is Alternativeome REIT 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. Alternativeome REIT's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.37.

Alternativeome REIT's long-term debt to total assets ratio increased from Dec. 2022 (0.37) to Dec. 2023 (0.37). It may suggest that Alternativeome REIT is progressively becoming more dependent on debt to grow their business.

Alternativeome REIT LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alternativeome REIT'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.

* Premium members only.

Alternativeome REIT LT-Debt-to-Total-Asset Chart

Alternativeome REIT Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.34 0.37 0.36 0.34 0.37

Alternativeome REIT Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.34 0.37 0.37 0.37

Alternativeome REIT LT-Debt-to-Total-Asset Calculation

Alternativeome REIT's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )/Total Assets (A: Jun. 2023 )
=41.023/111.524
=0.37

Alternativeome REIT'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 )
=40.776/109.376
=0.37

* 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.

Alternativeome REIT  (LSE:AIRE) 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.

Alternativeome REIT LT-Debt-to-Total-Asset Related Terms

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Alternativeome REIT (LSE:AIRE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Alternative Income REIT PLC (LSE:AIRE) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
N/A
Address
1 King William Street, London, GBR, EC4N 7AF
Website
https://www.alternativeincomereit.com
Alternative Income REIT PLC is a closed-ended investment company. The investment objective is to generate a secure and predictable income return, sustainable in real terms, through investment in a diversified portfolio of UK properties. The Company will invest in freehold and long leasehold properties across the whole spectrum of the UK property sector, but with a focus on alternative and specialist real estate sectors. Examples of alternative and specialist real estate sectors include, but are not limited to, leisure, hotels, healthcare, education, logistics, automotive, supported living and student accommodation.