Dexus Convenience Retail REIT (ASX:DXC) LT-Debt-to-Total-Asset : 0.29 (As of Dec. 2024)

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What is Dexus Convenience Retail REIT 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. Dexus Convenience Retail REIT's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.29.

Dexus Convenience Retail REIT's long-term debt to total assets ratio declined from Dec. 2023 (0.32) to Dec. 2024 (0.29). It may suggest that Dexus Convenience Retail REIT is progressively becoming less dependent on debt to grow their business.

Dexus Convenience Retail REIT LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dexus Convenience Retail REIT'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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Dexus Convenience Retail REIT LT-Debt-to-Total-Asset Chart

Dexus Convenience Retail REIT Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.17

0.28

0.34

0.33

0.32

Dexus Convenience Retail REIT Semi-Annual Data
	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	0.33	0.32	0.32	0.29

Dexus Convenience Retail REIT LT-Debt-to-Total-Asset Calculation

Dexus Convenience Retail REIT'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 )
	=	243.204	/	753.858
	=	0.32

Dexus Convenience Retail REIT'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 )
	=	206.94	/	720.978
	=	0.29

Dexus Convenience Retail REIT (ASX:DXC) 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.

Dexus Convenience Retail REIT LT-Debt-to-Total-Asset Related Terms

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Dexus Convenience Retail REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dexus Convenience Retail REIT (ASX:DXC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Bridge Street, Level 30, Sydney, NSW, AUS, 2000

Website

https://www.dexus.com

Dexus Convenience Retail REIT is an Australian real estate investment trust. The company owns a portfolio of service stations and convenience retail assets located across Australia. The company derives all income from investments in properties located in Australia. The principal investment objective of the group is to invest in convenience retail properties that provide investors with a high and consistent income distribution that maintains its real value for the life of the group.