Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2024)

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What is Axtra Future City Freehold and Leasehold 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. Axtra Future City Freehold and Leasehold REIT's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.09.

Axtra Future City Freehold and Leasehold REIT's long-term debt to total assets ratio declined from Nov. 2023 (0.10) to Dec. 2024 (0.09). It may suggest that Axtra Future City Freehold and Leasehold REIT is progressively becoming less dependent on debt to grow their business.

Axtra Future City Freehold and Leasehold REIT LT-Debt-to-Total-Asset Historical Data

The historical data trend for Axtra Future City Freehold and Leasehold 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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Axtra Future City Freehold and Leasehold REIT LT-Debt-to-Total-Asset Chart

Axtra Future City Freehold and Leasehold REIT Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

LT-Debt-to-Total-Asset

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0.07

0.09

0.02

0.10

Axtra Future City Freehold and Leasehold REIT Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.10	0.10	0.10	0.09

Axtra Future City Freehold and Leasehold REIT LT-Debt-to-Total-Asset Calculation

Axtra Future City Freehold and Leasehold REIT's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (A: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2024 )	/	Total Assets (A: Feb. 2024 )
	=	3183.561	/	32352.237
	=	0.10

Axtra Future City Freehold and Leasehold 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 )
	=	2919.059	/	31975.657
	=	0.09

Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) 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.

Axtra Future City Freehold and Leasehold REIT LT-Debt-to-Total-Asset Related Terms

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Axtra Future City Freehold and Leasehold REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

Sukhumvit Raod, No. 111, 10th Floor, Unit 1001/1, True Digital Park West, Bang Chak, Phra Khanong, Bangkok, THA, 10260

Website

https://www.axtrart.com

Axtra Future City Freehold and Leasehold REIT is a closed-end retail growth freehold and leasehold property fund. The Fund's objective is to seek funds from investors, invest mostly in property or property leasehold rights and generate benefit from such property. It Invest in Freehold & Leasehold of properties which comprises of nearly 23 shopping malls (Lotus's). It operates only in Thailand.

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