AOTUF (Precinct Properties NZ & Precinct Properties Investments) LT-Debt-to-Total-Asset : 0.41 (As of Dec. 2024)

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What is Precinct Properties NZ & Precinct Properties Investments LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Precinct Properties NZ & Precinct Properties Investments's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.41.

Precinct Properties NZ & Precinct Properties Investments's long-term debt to total assets ratio increased from Dec. 2023 (0.33) to Dec. 2024 (0.41). It may suggest that Precinct Properties NZ & Precinct Properties Investments is progressively becoming more dependent on debt to grow their business.

Precinct Properties NZ & Precinct Properties Investments LT-Debt-to-Total-Asset Historical Data

The historical data trend for Precinct Properties NZ & Precinct Properties Investments's LT-Debt-to-Total-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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Precinct Properties NZ & Precinct Properties Investments LT-Debt-to-Total-Asset Chart

Precinct Properties NZ & Precinct Properties Investments Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.34

0.26

0.35

0.36

0.35

Precinct Properties NZ & Precinct Properties Investments Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.34	0.36	0.33	0.35	0.41

Precinct Properties NZ & Precinct Properties Investments LT-Debt-to-Total-Asset Calculation

Precinct Properties NZ & Precinct Properties Investments's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	748.557	/	2160.16
	=	0.35

Precinct Properties NZ & Precinct Properties Investments's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	873.103	/	2126.034
	=	0.41

Precinct Properties NZ & Precinct Properties Investments (OTCPK:AOTUF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Precinct Properties NZ & Precinct Properties Investments LT-Debt-to-Total-Asset Related Terms

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Precinct Properties NZ & Precinct Properties Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Precinct Properties NZ Ltd & Precinct Properties Investments Ltd (OTCPK:AOTUF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

PCT:New Zealand

Address

188 Quay Street, Level 12, Auckland, NZL, 1010

Website

https://www.precinct.co.nz

Precinct Properties NZ Ltd & Precinct Properties Investments Ltd invests predominantly in prime office properties in the central business districts of New Zealand. The company's operating segment includes Investment properties, Hotel and hospitality, Investment management and Flexible space. It generates maximum revenue from the Investment properties segment. Some of its properties include ANZ Centre; 10 Madden Street; Mason Brothers; PwC Tower at Commercial Bay and others.