DRI Healthcare Trust (TSX:DHT.U) Debt-to-Asset : 0.17 (As of Dec. 2023)

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What is DRI Healthcare Trust Debt-to-Asset?

DRI Healthcare Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. DRI Healthcare Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $145.5 Mil. DRI Healthcare Trust's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $835.0 Mil. DRI Healthcare Trust's debt to asset for the quarter that ended in Dec. 2023 was 0.17.

DRI Healthcare Trust Debt-to-Asset Historical Data

The historical data trend for DRI Healthcare 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.

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DRI Healthcare Trust Debt-to-Asset Chart

DRI Healthcare Trust Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Asset

0.10

0.39

0.17

DRI Healthcare Trust Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial							0.39	0.33	0.22	0.18	0.17

Competitive Comparison of DRI Healthcare Trust's Debt-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, DRI Healthcare 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.

DRI Healthcare Trust's Debt-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, DRI Healthcare Trust's Debt-to-Asset distribution charts can be found below:

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

DRI Healthcare Trust Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

DRI Healthcare Trust'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	+	145.478)	/	834.957
	=	0.17

DRI Healthcare Trust's Debt-to-Asset for the quarter 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	+	145.478)	/	834.957
	=	0.17

DRI Healthcare Trust (TSX:DHT.U) 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.

DRI Healthcare Trust Debt-to-Asset Related Terms

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DRI Healthcare Trust (TSX:DHT.U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » DRI Healthcare Trust (TSX:DHT.U) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

DHTRF:USA DHT.UN:Canada

Address

100 King Street West, 1 First Canadian Place, Suite 7250, Toronto, ON, CAN, M5X 1B1

Website

https://www.dricapital.com

DRI Healthcare Trust is a pioneer in global pharmaceutical royalty monetization with a more than 30-year history of accelerating innovation by providing capital to inventors, academic institutions, and biopharma companies. In return for providing capital to biopharmaceutical innovators, the company is building a diversified portfolio of interests in medicines that have a demonstrable positive impact on the world.

DRI Healthcare Trust (TSX:DHT.U) Headlines

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