HomeCo Daily Needs REIT (ASX:HDN) LT-Debt-to-Total-Asset : 0.36 (As of Dec. 2024)

View and export this data going back to 2020. Start your Free Trial

What is HomeCo Daily Needs 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. HomeCo Daily Needs REIT's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.36.

HomeCo Daily Needs REIT's long-term debt to total assets ratio increased from Dec. 2023 (0.35) to Dec. 2024 (0.36). It may suggest that HomeCo Daily Needs REIT is progressively becoming more dependent on debt to grow their business.

HomeCo Daily Needs REIT LT-Debt-to-Total-Asset Historical Data

The historical data trend for HomeCo Daily Needs 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.

* Premium members only.

HomeCo Daily Needs REIT LT-Debt-to-Total-Asset Chart

HomeCo Daily Needs REIT Annual Data

Trend

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

0.33

0.34

0.29

HomeCo Daily Needs REIT Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.32	0.34	0.35	0.29	0.36

HomeCo Daily Needs REIT LT-Debt-to-Total-Asset Calculation

HomeCo Daily Needs 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 )
	=	1384.1	/	4786.3
	=	0.29

HomeCo Daily Needs 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 )
	=	1787.6	/	4953.7
	=	0.36

HomeCo Daily Needs REIT (ASX:HDN) 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.

HomeCo Daily Needs REIT LT-Debt-to-Total-Asset Related Terms

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

HomeCo Daily Needs REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » HomeCo Daily Needs REIT (ASX:HDN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gateway, Level 7, 1 Macquarie Place, Sydney, NSW, AUS, 2000

Website

https://www.hmccapital.com.au

HomeCo Daily Needs REIT is an externally managed property trust run by HMC Capital which also runs HealthCo Healthcare and Wellness REIT and unlisted funds. The company generates revenue from Property rental and Other property income. The company invests in convenience-based assets across the target sub-sectors of Neighbourhood Retail, Large Format Retail, and Health & Services.

HomeCo Daily Needs REIT Headlines

No Headlines