S Prime Growth Leasehold REIT (BKK:SPRIME) LT-Debt-to-Total-Asset: 0.22 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:SPRIME S Prime Growth Leasehold REIT BKK:SPRIME
71 GF Score
Price ฿4.16
GF Value ฿3.73
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is S Prime Growth Leasehold REIT LT-Debt-to-Total-Asset?

S Prime Growth Leasehold REIT BKK:SPRIME +0.48% 71 LT-Debt-to-Total-Asset is 0.22 as of Mar. 2026. GuruFocus rates BKK:SPRIME with a GF Score™ of 71/100 and a GF Value™ of ฿3.73 (Modestly Overvalued). The stock has 7 warning signs investors should review.

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. S Prime Growth Leasehold REIT's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.22.

S Prime Growth Leasehold REIT's long-term debt to total assets ratio declined from Mar. 2025 (0.23) to Mar. 2026 (0.22). It may suggest that S Prime Growth Leasehold REIT is progressively becoming less dependent on debt to grow their business.

S Prime Growth Leasehold REIT  (BKK:SPRIME) 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.

S Prime Growth Leasehold REIT LT-Debt-to-Total-Asset Related Terms

S Prime Growth Leasehold REIT LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for S Prime Growth 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.

S Prime Growth Leasehold REIT LT-Debt-to-Total-Asset Chart

S Prime Growth Leasehold REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.21 0.24 0.23 0.23 0.22

S Prime Growth Leasehold REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.22 0.22 0.22 0.22
BKK:SPRIME
71GF Score
S Prime Growth Leasehold REIT BKK:SPRIME
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S Prime Growth Leasehold REIT LT-Debt-to-Total-Asset Calculation

S Prime Growth Leasehold REIT's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )/Total Assets (A: Dec. 2025 )
=1341.767/6162.165
=0.22

S Prime Growth Leasehold REIT's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )/Total Assets (Q: Mar. 2026 )
=1325.534/6168.786
=0.21

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.22 mean?
S Prime Growth Leasehold REIT (BKK:SPRIME) has a LT-Debt-to-Total-Asset of 0.22 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on S Prime Growth Leasehold REIT and its competitors.
Is S Prime Growth Leasehold REIT's LT-Debt-to-Total-Asset too high?
S Prime Growth Leasehold REIT's current LT-Debt-to-Total-Asset is 0.22. Overall, S Prime Growth Leasehold REIT has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does S Prime Growth Leasehold REIT's LT-Debt-to-Total-Asset compare to VICI and WPC?
S Prime Growth Leasehold REIT's LT-Debt-to-Total-Asset of 0.22 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a REITs company?
A good LT-Debt-to-Total-Asset depends on the REITs industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on S Prime Growth Leasehold REIT and its competitors. S Prime Growth Leasehold REIT's current LT-Debt-to-Total-Asset is 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S Prime Growth Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, S Prime Growth Leasehold REIT (BKK:SPRIME) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿3.73, compared to a current price of ฿4.16 — trading 11.5% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.22. S Prime Growth Leasehold REIT's overall GF Score™ is 71/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For S Prime Growth Leasehold REIT (BKK:SPRIME), the current LT-Debt-to-Total-Asset is 0.22 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is S Prime Growth Leasehold REIT (BKK:SPRIME) Overvalued in 2026?

Based on GuruFocus' analysis, S Prime Growth Leasehold REIT stock appears to be overvalued. The current stock price of ฿4.16 is trading 11.5% above its estimated GF Value™ of ฿3.73. GuruFocus considers S Prime Growth Leasehold REIT to be Modestly Overvalued.

Key valuation signals for BKK:SPRIME:

  • LT-Debt-to-Total-Asset: 0.22
  • GF Value™: ฿3.73 vs. price of ฿4.16 (11.5% above fair value)
  • GF Score™: 71/100 with 7 warning signs

No single metric tells the full story. See the BKK:SPRIME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

S Prime Growth Leasehold REIT Business Description

Industry Real EstateREITs
Address Vibhavadi Rangsit Road, No. 123, Suntowers Building B, 37th Floor, Chom Phon Sub-District, Chatuchak District, Bangkok, THA, 10900
S Prime Growth Leasehold REIT is engaged in investing mostly in property or property leasehold rights and generating benefits from such properties for the benefit of the property, and creating revenue and return for the Trust and the unitholders. It mainly invests in the right to lease certain land plots and office spaces, conference spaces, common areas, parking areas, and building systems of Suntowers Complex for a specific term of years. The Trust operates in a single reportable operating segment, which is the investment in leasehold rights on properties, and the sole geographical area of its operations is Thailand.
71GF Score

Get the complete analysis for BKK:SPRIME

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿4.16
Price
฿3.73
GF Value