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Northview Residential REIT (TSX:NRR.UN) Debt-to-Asset : 0.62 (As of Sep. 2024)


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What is Northview Residential REIT Debt-to-Asset?

Northview Residential REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$504.5 Mil. Northview Residential REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$1,168.0 Mil. Northview Residential REIT's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was C$2,714.6 Mil. Northview Residential REIT's debt to asset for the quarter that ended in Sep. 2024 was 0.62.


Northview Residential REIT Debt-to-Asset Historical Data

The historical data trend for Northview Residential REIT'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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Northview Residential REIT Debt-to-Asset Chart

Northview Residential REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.50 0.51 0.71 0.69 0.63

Northview Residential REIT Quarterly Data
Mar19 Jun19 Dec19 Mar20 Jun20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.63 0.63 0.62 0.62

Competitive Comparison of Northview Residential REIT's Debt-to-Asset

For the REIT - Residential subindustry, Northview Residential REIT'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.


Northview Residential REIT's Debt-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Northview Residential REIT's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Northview Residential REIT's Debt-to-Asset falls into.



Northview Residential REIT Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Northview Residential REIT'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
=(590.207 + 1136.763) / 2748.45
=0.63

Northview Residential REIT'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
=(504.516 + 1168.016) / 2714.586
=0.62

* 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.


Northview Residential REIT  (TSX:NRR.UN) 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.


Northview Residential REIT Debt-to-Asset Related Terms

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Northview Residential REIT Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
6131 - 6th Street SE, Suite 200, Calgary, AB, CAN, T2H 1L9
Northview Residential REIT is an internally managed, traditional open-ended real estate investment trust. It acquires, owns, and operates, indirectly, a geographically diversified portfolio comprised of income-producing multi-residential suites, and commercial real estate, located predominantly in secondary markets in British Columbia, Alberta, Saskatchewan, Quebec, New Brunswick, Newfoundland and Labrador, the Northwest Territories, and Nunavut.

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