Yuexiu Real Estate Investment Trust (HKSE:00405) LT-Debt-to-Total-Asset : 0.33 (As of Dec. 2023)

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What is Yuexiu 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. Yuexiu Real Estate Investment Trust's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.33.

Yuexiu Real Estate Investment Trust's long-term debt to total assets ratio declined from Dec. 2022 (0.36) to Dec. 2023 (0.33). It may suggest that Yuexiu Real Estate Investment Trust is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Yuexiu 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.

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

Yuexiu Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.30

0.34

0.36

0.33

Yuexiu Real Estate Investment Trust 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															0.34	0.36	0.36	0.36	0.33

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

Yuexiu 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 )
	=	15774.152	/	47957.918
	=	0.33

Yuexiu Real Estate Investment Trust'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 )
	=	15774.152	/	47957.918
	=	0.33

Yuexiu Real Estate Investment Trust (HKSE:00405) 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.

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

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Yuexiu Real Estate Investment Trust (HKSE:00405) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Yuexiu Real Estate Investment Trust (HKSE:00405) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

D3N:Germany

Address

160 Lockhart Road, Flat B, 17th Floor, Yue Xiu Building, Wanchai, HKG

Website

https://www.yuexiureit.com

Yuexiu Real Estate Investment Trust invests in office, retail, and other commercial properties in the People's Republic of China. The company's portfolio consists of properties located in the central business district of Guangzhou and Shanghai. The types of properties include clothing markets, office buildings, retail centers, hotels, and serviced apartments. The company operates in three main segments: Hotel & Serviced apartments, Office rental, and Wholesale & shopping malls. Hotel and serviced apartments offer room rentals and food and beverages. Office rental and wholesale and shopping malls include the revenue from leasing these properties. All of its revenue comes from China.

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