CCGPRA.PFD (Campus Crest Communities) LT-Debt-to-Total-Asset : 0.38 (As of Sep. 2015)

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What is Campus Crest Communities 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. Campus Crest Communities's long-term debt to total assests ratio for the quarter that ended in Sep. 2015 was 0.38.

Campus Crest Communities's long-term debt to total assets ratio increased from Sep. 2014 (0.23) to Sep. 2015 (0.38). It may suggest that Campus Crest Communities is progressively becoming more dependent on debt to grow their business.

Campus Crest Communities LT-Debt-to-Total-Asset Historical Data

The historical data trend for Campus Crest Communities'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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Campus Crest Communities LT-Debt-to-Total-Asset Chart

Campus Crest Communities Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

LT-Debt-to-Total-Asset

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0.28

0.35

0.31

0.17

0.26

Campus Crest Communities Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.23	0.26	0.36	0.38	0.38

Campus Crest Communities LT-Debt-to-Total-Asset Calculation

Campus Crest Communities's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

LT Debt to Total Assets (A: Dec. 2014 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2014 )	/	Total Assets (A: Dec. 2014 )
	=	300.673	/	1176.811
	=	0.26

Campus Crest Communities's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2015 is calculated as

LT Debt to Total Assets (Q: Sep. 2015 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2015 )	/	Total Assets (Q: Sep. 2015 )
	=	602.223	/	1583.58
	=	0.38

Campus Crest Communities (NYSE:CCGPRA.PFD) 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.

Campus Crest Communities LT-Debt-to-Total-Asset Related Terms

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Campus Crest Communities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Campus Crest Communities Inc (NYSE:CCGPRA.PFD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.campuscrest.com

Campus Crest Communities Inc was incorporated in the State of Maryland on 1 March 2010. On October 19, 2010, it completed its initial public offering of common stock. The Company is a self-managed, self-administered real estate investment trust ("REIT") focused on owning and managing a high-quality student housing portfolio located close to college campuses. As of December 31, 2014, the Company owned interests in 47 operating student housing The Grove properties containing approximately 9,700 apartment units and 26,300 beds. Thirty-six of Company's operating The Grove properties are wholly-owned and eleven of The Grove properties are owned through joint ventures with HSRE. As of December 31, 2014, it also owned interests in 36 operating student housing Copper Beech branded properties containing approximately 6,500 apartment units and 17,300 beds. The majority of Company's operating properties other than those in the CB Portfolio, evo and Toledo operate under The Grove brand. The Company is subject to competition for student-tenants from on-campus housing owned by universities and colleges and also competes with other regional and national owner-operators of off-campus student housing in a number of markets as well as with smaller local owner-operators.

Executives

Curtis B Mcwilliams	director	450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Raymond C Mikulich	director	2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
Randall H Brown	director	2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
David James Coles	officer: Interim CEO	2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
John Makuch	officer: Interim CFO	2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
Angel Herrera	officer: Executive Vice President	6613 RIVERHILL DRIVE, PLANO TX 75024
Aaron Scott Halfacre	officer: Executive Vice President	2100 REXFORD ROAD, SUITE 300, CHARLOTTE NC 28211
Denis Mcglynn	director	POST OFFICE BOX 843, DOVER DE 19903
William G Popeo	director	709 PHEASANT RUN, KENNETT SQUARE PA 19348
Michael S Hartnett	officer: Vice President	2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
James W Mccaughan	director	2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
Daniel L Simmons	director	1440 HIGHWAY A1A, VERO BEACH FL 32963
Richard S Kahlbaugh	director	25330 MARSH LANDING PARKWAY, PONTE VEDRA FL 32082
Lauro A Gonzalez-moreno	director	2128 N. SHADOW CREEK DR., AGOURA CA 91301
N Anthony Coles	director	MORRIS CORP. CENTER I; BLDG. B; 4TH FLR., 300 INTERPACE PARKWAY, PARSIPPANY NJ 07054

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