Carindale Property Trust (ASX:CDP) LT-Debt-to-Total-Asset : 0.30 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Carindale Property Trust 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. Carindale Property Trust's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.30.

Carindale Property Trust's long-term debt to total assets ratio declined from Dec. 2022 (0.31) to Dec. 2023 (0.30). It may suggest that Carindale Property Trust is progressively becoming less dependent on debt to grow their business.

Carindale Property Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for Carindale Property Trust'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.

* Premium members only.

Carindale Property Trust LT-Debt-to-Total-Asset Chart

Carindale Property Trust Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.30

0.38

0.36

0.32

0.31

Carindale Property Trust Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.35	0.32	0.31	0.31	0.30

Carindale Property Trust LT-Debt-to-Total-Asset Calculation

Carindale Property Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	240.549	/	788.694
	=	0.30

Carindale Property Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	233.094	/	775.858
	=	0.30

Carindale Property Trust (ASX:CDP) 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.

Carindale Property Trust LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Carindale Property Trust's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Carindale Property Trust (ASX:CDP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Carindale Property Trust (ASX:CDP) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

85 Castlereagh Street, Level 30, Sydney, NSW, AUS, 2000

Website

https://www.carindalepropertytrust.com.au

Carindale Property Trust is engaged in the long-term ownership of the interest in the Westfield cardinal shopping center. The company derives revenue from shopping center base rent and other property income.