GBNC (Globalome Trust) LT-Debt-to-Total-Asset : 0.61 (As of Sep. 2015)

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What is Globalome 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. Globalome Trust's long-term debt to total assests ratio for the quarter that ended in Sep. 2015 was 0.61.

Globalome Trust's long-term debt to total assets ratio increased from Jun. 2014 (0.00) to Sep. 2015 (0.61). It may suggest that Globalome Trust is progressively becoming more dependent on debt to grow their business.

Globalome Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for Globalome 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.

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Globalome Trust LT-Debt-to-Total-Asset Chart

Globalome Trust Annual Data

Trend

LT-Debt-to-Total-Asset

Globalome Trust Quarterly Data
	Mar14	Jun14	Sep14	Mar15	Jun15	Sep15
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	-	0.60	0.61	0.61

Globalome Trust LT-Debt-to-Total-Asset Calculation

Globalome Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in . 20 is calculated as

LT Debt to Total Assets (A: . 20 )	=	Long-Term Debt & Capital Lease Obligation (A: . 20 )	/	Total Assets (A: . 20 )
	=		/
	=

Globalome Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2015 is calculated as

LT Debt to Total Assets (Q: Sep. 2015 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2015 )	/	Total Assets (Q: Sep. 2015 )
	=	55.04	/	89.584
	=	0.61

Globalome Trust (GREY:GBNC) 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.

Globalome Trust LT-Debt-to-Total-Asset Related Terms

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Globalome Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Global Income Trust Inc (GREY:GBNC) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

Website

http://www.incometrust.com

Global Income Trust Inc is a real estate investment trust. The Company acquires and operates a diverse portfolio of income oriented commercial real estate. It invests in the real estate markets of United States.

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