Netstreit (FRA:64N) LT-Debt-to-Total-Asset : 0.29 (As of Dec. 2024)

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

Netstreit's long-term debt to total assets ratio increased from Dec. 2023 (0.29) to Dec. 2024 (0.29). It may suggest that Netstreit is progressively becoming more dependent on debt to grow their business.

Netstreit LT-Debt-to-Total-Asset Historical Data

The historical data trend for Netstreit'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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Netstreit LT-Debt-to-Total-Asset Chart

Netstreit Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.26

0.19

0.26

0.29

Netstreit Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.29	0.33	0.31	0.30	0.29

Netstreit LT-Debt-to-Total-Asset Calculation

Netstreit'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 )
	=	625.796	/	2157.675
	=	0.29

Netstreit'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 )
	=	625.796	/	2157.675
	=	0.29

Netstreit (FRA:64N) 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.

Netstreit LT-Debt-to-Total-Asset Related Terms

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Netstreit Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Netstreit Corp (FRA:64N) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

NTST:USA

Address

2021 McKinney Avenue, Suite 1150, Dallas, TX, USA, 75201

Website

https://www.netstreit.com

Netstreit Corp is an internally managed real estate investment trust. The company acquires, owns, and manages single-tenant, retail commercial real estate subject to long-term net leases with high-credit quality tenants across the United States. It focuses on tenants in industries where a physical location is critical to the generation of sales and profits, with a focus on necessity goods and essential services in the retail sector, including home improvement, auto parts, drug stores and pharmacies, general retail, grocers, convenience stores, discount stores, and quick-service restaurants. Majorily operates in U.S. States and Other counties, and derives maximum of revenue from USA.

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