Westfield (ASX:WFD) LT-Debt-to-Total-Asset : 0.35 (As of Dec. 2017)

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What is Westfield 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. Westfield's long-term debt to total assests ratio for the quarter that ended in Dec. 2017 was 0.35.

Westfield's long-term debt to total assets ratio increased from Dec. 2016 (0.29) to Dec. 2017 (0.35). It may suggest that Westfield is progressively becoming more dependent on debt to grow their business.

Westfield LT-Debt-to-Total-Asset Historical Data

The historical data trend for Westfield'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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Westfield LT-Debt-to-Total-Asset Chart

Westfield Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

LT-Debt-to-Total-Asset

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0.36

0.30

0.29

0.35

Westfield Semi-Annual Data
	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.30	0.30	0.29	0.30	0.35

Westfield LT-Debt-to-Total-Asset Calculation

Westfield's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (A: Dec. 2017 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2017 )	/	Total Assets (A: Dec. 2017 )
	=	9595.641	/	27249.103
	=	0.35

Westfield's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (Q: Dec. 2017 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2017 )	/	Total Assets (Q: Dec. 2017 )
	=	9595.641	/	27249.103
	=	0.35

Westfield (ASX:WFD) 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.

Westfield LT-Debt-to-Total-Asset Related Terms

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Westfield (ASX:WFD) Business Description

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Address

Website

http://www.westfieldcorp.com

Westfield is one of the largest global retail REITs, with interests in 35 malls with a gross value of USD 21.4 billion and external assets under management of USD 13 billion. Westfield's passive investments generate about 80% of group EBIT, with the balance derived from management fees and development income. It differs from peers by developing malls in signature locations, and aims to make each of its assets into a destination centre, with comprehensive entertainment facilities and premium retailers.

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