Tritax Big Box REIT (CHIX:BBOXL) LT-Debt-to-Total-Asset : 0.29 (As of Dec. 2024)

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What is Tritax Big Box 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. Tritax Big Box REIT's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.29.

Tritax Big Box REIT's long-term debt to total assets ratio declined from Dec. 2023 (0.32) to Dec. 2024 (0.29). It may suggest that Tritax Big Box REIT is progressively becoming less dependent on debt to grow their business.

Tritax Big Box REIT LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tritax Big Box 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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Tritax Big Box REIT LT-Debt-to-Total-Asset Chart

Tritax Big Box REIT Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.31

0.24

0.31

0.32

0.29

Tritax Big Box REIT Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.31	0.31	0.32	0.30	0.29

Tritax Big Box REIT LT-Debt-to-Total-Asset Calculation

Tritax Big Box REIT's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	1953.5	/	6698.7
	=	0.29

Tritax Big Box 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 )
	=	1953.5	/	6698.7
	=	0.29

Tritax Big Box REIT (CHIX:BBOXl) 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.

Tritax Big Box REIT LT-Debt-to-Total-Asset Related Terms

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Tritax Big Box REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tritax Big Box REIT PLC (CHIX:BBOXl) » Definitions » LT-Debt-to-Total-Asset

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BBOX:UK

Address

6 Duke Street, 3rd Floor, St. James's, London, GBR, SW1Y 6BN

Website

https://www.tritaxbigbox.co.uk

Tritax Big Box REIT PLC is a UK based real estate investment trust. With the focus on the acquisition and management of large-scale logistics real estate Tritax operates in the Investment Property segment. It owns and operates big boxes stores which also serves as the breakdown point for bulk palleted deliveries and are often port-centric in their location focus. The customers it caters operate in the business of retail, logistics, consumer products and automotive.

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