BNL (Broadstone Net Lease) Debt-to-Asset : 0.38 (As of Sep. 2024)

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What is Broadstone Net Lease Debt-to-Asset?

Broadstone Net Lease's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $125.5 Mil. Broadstone Net Lease's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1,870.9 Mil. Broadstone Net Lease's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $5,263.3 Mil. Broadstone Net Lease's debt to asset for the quarter that ended in Sep. 2024 was 0.38.

Broadstone Net Lease Debt-to-Asset Historical Data

The historical data trend for Broadstone Net Lease'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.

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Broadstone Net Lease Debt-to-Asset Chart

Broadstone Net Lease Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.51

0.36

0.37

0.41

0.36

Broadstone Net Lease Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.37	0.36	0.37	0.37	0.38

Competitive Comparison of Broadstone Net Lease's Debt-to-Asset

For the REIT - Diversified subindustry, Broadstone Net Lease'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.

Broadstone Net Lease's Debt-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Broadstone Net Lease's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Broadstone Net Lease's Debt-to-Asset falls into.

Broadstone Net Lease Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Broadstone Net Lease's Debt-to-Asset for the fiscal year that ended in Dec. 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
	=	(0	+	1910.758)	/	5268.735
	=	0.36

Broadstone Net Lease's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(125.482	+	1870.939)	/	5263.286
	=	0.38

Broadstone Net Lease (NYSE:BNL) 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.

Broadstone Net Lease Debt-to-Asset Related Terms

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

Broadstone Net Lease Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Broadstone Net Lease Inc (NYSE:BNL) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

62XA:Germany

Address

207 High Point Drive, Suite 300, Victor, NY, USA, 14564

Website

https://www.broadstone.com

Broadstone Net Lease Inc is an internally managed real estate investment trust that invests in, owns, and manages single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The company has selectively invested in net leased assets in the industrial, healthcare, restaurant, retail, and office property types. The company focuses on investing in real estate that is operated by creditworthy single tenants in industries characterized by positive business drivers and trends. The company targets properties that are an integral part of the tenants' businesses and are therefore opportunities to secure long-term net leases.

Executives

Molly Wiegel	officer: SVP - Human Resources	BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Shekar Narasimhan	director	1593 SPRING HILL RD, SUITE 400, VIENNA VA 22182
Michael A Coke	director	TERRENO REALTY CORPORATION, 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
Kevin Fennell	officer: SVP - Capital Markets	BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
John David Moragne	officer: See Remarks	800 CLINTON SQUARE, ROCHESTER NY 14604
Ryan M Albano	officer: See Remarks	800 CLINTON SQUARE, ROCHESTER NY 14604
Michael B. Caruso	officer: SVP, Finance	BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Roderick Pickney	officer: SVP - Acquisitions	BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Jennie O'brien	officer: SVP - Accounting & Controller	BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Jessica Duran	director	BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Laura L. Felice	director	C/O BJ'S WHOLESALE CLUB, INC., 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Lessard Laurier J Jr	officer: SVP - Asset Management	BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Denise Brooks-williams	director	BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Andrea T. Wright	officer: SVP, Property Management	BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Kristen Duckles	officer: SVP & Chief Admin. Officer	BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604