GNLPA.PFD (Global Net Lease) LT-Debt-to-Total-Asset : 0.45 (As of Sep. 2024)

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What is Global Net Lease 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. Global Net Lease's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.45.

Global Net Lease's long-term debt to total assets ratio increased from Sep. 2023 (0.44) to Sep. 2024 (0.45). It may suggest that Global Net Lease is progressively becoming more dependent on debt to grow their business.

Global Net Lease LT-Debt-to-Total-Asset Historical Data

The historical data trend for Global Net Lease'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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Global Net Lease LT-Debt-to-Total-Asset Chart

Global Net Lease Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.47

0.56

0.54

0.45

0.44

Global Net Lease 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															0.44	0.44	0.44	0.43	0.45

Global Net Lease LT-Debt-to-Total-Asset Calculation

Global Net Lease'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 )
	=	3548.092	/	8098.977
	=	0.44

Global Net Lease'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 )
	=	3304.62	/	7335.87
	=	0.45

Global Net Lease (NYSE:GNLpA.PFD) 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.

Global Net Lease LT-Debt-to-Total-Asset Related Terms

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Global Net Lease Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Global Net Lease Inc (NYSE:GNLpA.PFD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

GNLpB.PFD:USA GNL:USA 0IW3:UK 2N8:Germany

Address

650 Fifth Avenue, 30th Floor, New York, NY, USA, 10019

Website

http://www.globalnetlease.com

Global Net Lease Inc is a real estate investment trust that manages a globally diversified portfolio of commercial real estate properties. The company is engaged in the ownership, management, operating, lease, acquisition, investment, and sale of the portfolio assets. Its segments include Industrial & Distribution; Multi-Tenant Retail; Single-Tenant Retail ; and office. The company derives maximum revenue from industrial and distribution segment. The company geographically operates in Unites States, United Kingdom, Canada and Europe.