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Riocan Real Estate Investment Trust (FRA:R7G) LT-Debt-to-Total-Asset : 0.37 (As of Sep. 2024)


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What is Riocan Real Estate Investment Trust 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. Riocan Real Estate Investment Trust's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.37.

Riocan Real Estate Investment Trust's long-term debt to total assets ratio declined from Sep. 2023 (0.37) to Sep. 2024 (0.37). It may suggest that Riocan Real Estate Investment Trust is progressively becoming less dependent on debt to grow their business.

Riocan Real Estate Investment Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for Riocan Real Estate Investment Trust'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.

Riocan Real Estate Investment Trust LT-Debt-to-Total-Asset Chart

Riocan Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.40 0.41 0.37 0.38

Riocan Real Estate Investment Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.38 0.39 0.39 0.37

Riocan Real Estate Investment Trust LT-Debt-to-Total-Asset Calculation

Riocan Real Estate Investment Trust'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 )
=3844.038/10144.88
=0.38

Riocan Real Estate Investment Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=3727.325/10166.55
=0.37

* 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.

Riocan Real Estate Investment Trust  (FRA:R7G) 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.

Riocan Real Estate Investment Trust LT-Debt-to-Total-Asset Related Terms

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Riocan Real Estate Investment Trust Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Riocan Real Estate Investment Trust (FRA:R7G) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
RIOCF:USA REI.UN:Canada
Address
2300 Yonge Street, Suite 500, RioCan Yonge Eglinton Centre, Toronto, ON, CAN, M4P 1E4
Website
https://www.riocan.com
Riocan Real Estate Investment Trust is a Canadian real estate investment trust which owns, develops, and operates Canada's portfolio of retail-focused, increasingly mixed-use properties. The REIT's property portfolio includes shopping centers and mixed-use developments, with majority of its properties located in Ontario, Canada. Riocan's tenants consist of grocery stores, supermarkets, restaurants, cinemas, pharmacies, and corporates.

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