Wereldhave Belgium (FRA:WPU) LT-Debt-to-Total-Asset : 0.23 (As of Dec. 2023)

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What is Wereldhave Belgium 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. Wereldhave Belgium's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.23.

Wereldhave Belgium's long-term debt to total assets ratio increased from Dec. 2022 (0.20) to Dec. 2023 (0.23). It may suggest that Wereldhave Belgium is progressively becoming more dependent on debt to grow their business.

Wereldhave Belgium LT-Debt-to-Total-Asset Historical Data

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

Wereldhave Belgium Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.18

0.16

0.12

0.20

0.23

Wereldhave Belgium Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.13	0.20	0.14	0.23

Wereldhave Belgium LT-Debt-to-Total-Asset Calculation

Wereldhave Belgium'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 )
	=	237.07	/	1014.868
	=	0.23

Wereldhave Belgium'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 )
	=	237.07	/	1014.868
	=	0.23

Wereldhave Belgium (FRA:WPU) 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.

Wereldhave Belgium LT-Debt-to-Total-Asset Related Terms

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Wereldhave Belgium (FRA:WPU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Wereldhave Belgium (FRA:WPU) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

WPU:Germany WEHB:Belgium

Address

Medialaan 30/6, Vilvoorde, BEL, 1800

Website

https://www.wereldhavebelgium.com

Wereldhave Belgium is a publicly-regulated real estate company with a focus on commercial property and operating in Belgium. Wereldhave Belgium targets shopping centers as new investments. Its operational shopping center portfolio includes locations in Liege, Nivelles, Tournai, Ghent, Genk, Waterloo, and Kortrijk. The company also owns office properties in Brussels, Vilvoorde, and Antwerp. The company's strategy is to create value through both active management and redevelopment, with tactics that include maintaining contact with lessees to acquire up-to-date market information. Majority of its revenue is from rental income.

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