Crombie Real Estate Investment Trust (TSX:CRR.UN) LT-Debt-to-Total-Asset : 0.45 (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Crombie Real Estate Investment Trust 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. Crombie Real Estate Investment Trust's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.45.

Crombie Real Estate Investment Trust's long-term debt to total assets ratio increased from Mar. 2023 (0.43) to Mar. 2024 (0.45). It may suggest that Crombie Real Estate Investment Trust is progressively becoming more dependent on debt to grow their business.

Crombie Real Estate Investment Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for Crombie Real Estate Investment Trust'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.

Crombie Real Estate Investment Trust LT-Debt-to-Total-Asset Chart

Crombie Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.52

0.53

0.48

0.45

0.47

Crombie Real Estate Investment Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.43	0.46	0.46	0.47	0.45

Crombie Real Estate Investment Trust LT-Debt-to-Total-Asset Calculation

Crombie Real Estate Investment Trust'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 )
	=	1965.725	/	4148.568
	=	0.47

Crombie Real Estate Investment Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	1871.591	/	4140.497
	=	0.45

Crombie Real Estate Investment Trust (TSX:CRR.UN) 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.

Crombie Real Estate Investment Trust LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Crombie Real Estate Investment Trust's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Crombie Real Estate Investment Trust (TSX:CRR.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Crombie Real Estate Investment Trust (TSX:CRR.UN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CROMF:USA

Address

610 East River Road, Suite 200, New Glasgow, NS, CAN, B2H 3S2

Website

https://www.crombiereit.ca

Crombie Real Estate Investment Trust is a Canada-based open-end REIT that focuses on the retail industry. The company invests, operates, and develops a portfolio of grocery-store- and drugstore-anchored shopping centres, freestanding stores, offices, and mixed-use developments. The properties are located primarily in Canada's urban and suburban markets. Crombie's major tenants include retailers such as Sobeys, Shoppers Drug Mart, Cineplex, and Province of Nova Scotia. The company's property portfolio includes Aberdeen Business Centre, Barrington Place, Brunswick Place, Kenmount Business Centre, Barrington Tower, CIBC Building, Amherst Centre, Avalon Mall, County Fair Mall, and others.

Crombie Real Estate Investment Trust (TSX:CRR.UN) Headlines

No Headlines