BEVFF (Diversified Royalty) LT-Debt-to-Total-Asset : 0.45 (As of Sep. 2024)

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What is Diversified Royalty 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. Diversified Royalty's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.45.

Diversified Royalty's long-term debt to total assets ratio increased from Sep. 2023 (0.42) to Sep. 2024 (0.45). It may suggest that Diversified Royalty is progressively becoming more dependent on debt to grow their business.

Diversified Royalty LT-Debt-to-Total-Asset Historical Data

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

Diversified Royalty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.41

0.44

0.30

0.44

0.51

Diversified Royalty Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.42	0.51	0.42	0.45	0.45

Diversified Royalty LT-Debt-to-Total-Asset Calculation

Diversified Royalty's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	214.99	/	422.891
	=	0.51

Diversified Royalty's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	192.769	/	427.147
	=	0.45

Diversified Royalty (OTCPK:BEVFF) 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.

Diversified Royalty LT-Debt-to-Total-Asset Related Terms

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Diversified Royalty Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Diversified Royalty Corp (OTCPK:BEVFF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

BEW:Germany BEW:Germany DIV:Canada

Address

609 Granville Street, Suite 330, P.O. Box 10033, Vancouver, BC, CAN, V7Y 1A1

Website

https://www.diversifiedroyaltycorp.com

Diversified Royalty Corp is a multi-royalty company. It is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. As a part of the investment, the firm always purchases trademarks of the companies it is going to acquire. Its objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors.. All of the company's operating revenues are earned from the receipt of royalties and management fees from its Royalty Partners.