Empire State Realty OP LP (Empire State Realty OP LP) LT-Debt-to-Total-Asset : 0.45 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Empire State Realty OP LP 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. Empire State Realty OP LP's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.45.

Empire State Realty OP LP's long-term debt to total assets ratio declined from Dec. 2022 (0.45) to Dec. 2023 (0.45). It may suggest that Empire State Realty OP LP is progressively becoming less dependent on debt to grow their business.

Empire State Realty OP LP LT-Debt-to-Total-Asset Historical Data

The historical data trend for Empire State Realty OP LP'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.

* Premium members only.

Empire State Realty OP LP LT-Debt-to-Total-Asset Chart

Empire State Realty OP LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.37

0.43

0.46

0.45

Empire State Realty OP LP Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.45	0.45	0.45	0.45	0.45

Empire State Realty OP LP LT-Debt-to-Total-Asset Calculation

Empire State Realty OP LP's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	1879.699	/	4219.333
	=	0.45

Empire State Realty OP LP's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	1879.699	/	4219.333
	=	0.45

Empire State Realty OP LP (ARCA:FISK) 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.

Empire State Realty OP LP LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Empire State Realty OP LP's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Empire State Realty OP LP (Empire State Realty OP LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Empire State Realty OP LP (ARCA:FISK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

OGCP:USA ESBA:USA

Address

111 West 33rd Street, 12th Floor, New York, NY, USA, 10120

Website

https://www.esrtreit.com

Empire State Realty OP LP is the operating partner of Empire State Realty Inc. The company along with its partner manages, operates, acquires and repositions properties in Manhattan and the greater New York metropolitan area. The firm operates in two segments, Real Estate and Observatory. Through the Real Estate segment, it offers services related to the ownership, management, operation, acquisition, repositioning and disposition of its real estate assets. Under the Observatory segment, it operates the two observatories of the Empire State Building. The company generates maximum revenue from the Real Estate segment.