Home REIT (CHIX:HOMEL) LT-Debt-to-Total-Asset : 0.28 (As of Feb. 2022)

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What is Home 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. Home REIT's long-term debt to total assests ratio for the quarter that ended in Feb. 2022 was 0.28.

Home REIT's long-term debt to total assets ratio increased from . 20 (0.00) to Feb. 2022 (0.28). It may suggest that Home REIT is progressively becoming more dependent on debt to grow their business.

Home REIT LT-Debt-to-Total-Asset Historical Data

The historical data trend for Home 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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Home REIT LT-Debt-to-Total-Asset Chart

Home REIT Annual Data

Trend

Aug21

LT-Debt-to-Total-Asset

0.32

Home REIT Quarterly Data
	Feb21	Aug21	Feb22
LT-Debt-to-Total-Asset	0.32	0.32	0.28

Home REIT LT-Debt-to-Total-Asset Calculation

Home REIT's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2021 is calculated as

LT Debt to Total Assets (A: Aug. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2021 )	/	Total Assets (A: Aug. 2021 )
	=	117.528	/	371.356
	=	0.32

Home REIT's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2022 is calculated as

LT Debt to Total Assets (Q: Feb. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2022 )	/	Total Assets (Q: Feb. 2022 )
	=	245.936	/	873.756
	=	0.28

Home REIT (CHIX:HOMEl) 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.

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Home REIT (CHIX:HOMEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Home REIT PLC (CHIX:HOMEl) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

6th Floor, 125 London Wall, London, GBR, EC2Y 5AS

Website

https://www.homereituk.com

Home REIT PLC operates as a real estate investment company. The company invests in a diversified portfolio of homeless accommodation assets, let or pre-let to registered charities, housing associations, community interest companies and other regulated organisations that receive housing benefit or comparable funding from local or central government, on very long-term and index-linked leases. The investment objective is to deliver inflation-protected income and capital growth over the medium term for shareholders.

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