Westfield Trust (ASX:WFT) Debt-to-Asset : 1.05 (As of Dec. 2003)

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Director of Data and Quant Analytics at GuruFocus
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What is Westfield Trust Debt-to-Asset?

Westfield Trust ASX:WFT Debt-to-Asset is 1.05 as of Dec. 2003.

Westfield Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2003 was A$1,614.00 Mil. Westfield Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2003 was A$11,557.70 Mil. Westfield Trust's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2003 was A$12,603.30 Mil. Westfield Trust's debt to asset for the quarter that ended in Dec. 2003 was 1.05.


Westfield Trust  (ASX:WFT) 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.


Westfield Trust Debt-to-Asset Related Terms


Westfield Trust Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Westfield 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.

Westfield Trust Debt-to-Asset Chart

Westfield Trust Annual Data
Trend Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02
Debt-to-Asset
Get a 7-Day Free Trial 0.20 0.27 0.22 0.28 1.07

Westfield Trust Semi-Annual Data
Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only 0.27 0.22 0.28 1.07 1.05

Westfield Trust Debt-to-Asset Competitor Comparison

For the Real Estate - Development subindustry, Westfield 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.


Westfield Trust Debt-to-Asset vs Real Estate Industry

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

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



Westfield Trust Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Westfield Trust's Debt-to-Asset for the fiscal year that ended in Dec. 2002 is calculated as

Westfield Trust's Debt-to-Asset for the quarter that ended in Dec. 2003 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1614 + 11557.7) / 12603.3
=1.05

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 1.05 mean?
Westfield Trust (ASX:WFT) has a Debt-to-Asset of 1.05 as of Dec. 2003. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Westfield Trust and its competitors.
Is Westfield Trust's Debt-to-Asset too high?
Westfield Trust's current Debt-to-Asset is 1.05.
How does Westfield Trust's Debt-to-Asset compare to competitors?
Westfield Trust's Debt-to-Asset of 1.05 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Real Estate company?
A good Debt-to-Asset depends on the Real Estate industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Westfield Trust and its competitors. Westfield Trust's current Debt-to-Asset is 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westfield Trust stock overvalued right now?
Westfield Trust (ASX:WFT) has a current Debt-to-Asset of 1.05. The current Debt-to-Asset is 1.05. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Westfield Trust (ASX:WFT), the current Debt-to-Asset is 1.05 as of Dec. 2003. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Westfield Trust Business Description

Westfield Trust (WFT) comprises interests in 50 shopping centres in Australia and New Zealand, with 3.1m sqm2 of gross lettable area servicing more than 9,400 retailers who generate in excess of $13.9 billion of retail sales.