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Starlight US Residential Fund (TSXV:SURF.A) Debt-to-Asset : 0.89 (As of Dec. 2024)


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What is Starlight US Residential Fund Debt-to-Asset?

Starlight US Residential Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$127.74 Mil. Starlight US Residential Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$539.67 Mil. Starlight US Residential Fund's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was C$749.80 Mil. Starlight US Residential Fund's debt to asset for the quarter that ended in Dec. 2024 was 0.89.


Starlight US Residential Fund Debt-to-Asset Historical Data

The historical data trend for Starlight US Residential Fund'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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Starlight US Residential Fund Debt-to-Asset Chart

Starlight US Residential Fund Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Debt-to-Asset
0.47 0.67 0.80 0.89

Starlight US Residential Fund Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.80 0.81 0.82 0.82 0.89

Competitive Comparison of Starlight US Residential Fund's Debt-to-Asset

For the REIT - Residential subindustry, Starlight US Residential Fund'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.


Starlight US Residential Fund's Debt-to-Asset Distribution in the REITs Industry

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

* The bar in red indicates where Starlight US Residential Fund's Debt-to-Asset falls into.


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Starlight US Residential Fund Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Starlight US Residential Fund's Debt-to-Asset for the fiscal year that ended in Dec. 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
=(127.743 + 539.672) / 749.801
=0.89

Starlight US Residential Fund's Debt-to-Asset for the quarter that ended in Dec. 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
=(127.743 + 539.672) / 749.801
=0.89

* 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.


Starlight US Residential Fund  (TSXV:SURF.A) 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.


Starlight US Residential Fund Debt-to-Asset Related Terms

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


Starlight US Residential Fund Business Description

Traded in Other Exchanges
Address
3280 Bloor Street West, Suite 1400, Centre Tower, Toronto, ON, CAN, M8X 2X3
Starlight US Residential Fund is a closed-end trust. It is engaged in directly or indirectly acquiring, owning and operating a portfolio composed of income-producing residential properties and single-family rental homes in the United States (U.S.) residential real estate market. The fund's objective is to enhance its assets' value through active management before disposition.

Starlight US Residential Fund Headlines

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