China Merchants Commercial�REIT (HKSE:01503) LT-Debt-to-Total-Asset : 0.38 (As of Jun. 2023)

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What is China Merchants Commercial�REIT 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. China Merchants Commercial�REIT's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.38.

China Merchants Commercial�REIT's long-term debt to total assets ratio increased from Jun. 2022 (0.00) to Jun. 2023 (0.38). It may suggest that China Merchants Commercial�REIT is progressively becoming more dependent on debt to grow their business.

China Merchants Commercial�REIT LT-Debt-to-Total-Asset Historical Data

The historical data trend for China Merchants Commercial�REIT'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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China Merchants Commercial�REIT LT-Debt-to-Total-Asset Chart

China Merchants Commercial�REIT Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.23

0.28

0.37

0.39

China Merchants Commercial�REIT Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									-	-	0.37	0.38	0.39

China Merchants Commercial�REIT LT-Debt-to-Total-Asset Calculation

China Merchants Commercial�REIT's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	4525.642	/	12087.722
	=	0.37

China Merchants Commercial�REIT's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	4432.654	/	11601.59
	=	0.38

China Merchants Commercial�REIT (HKSE:01503) 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.

China Merchants Commercial�REIT LT-Debt-to-Total-Asset Related Terms

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China Merchants Commercial�REIT (HKSE:01503) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » China Merchants Commercial�REIT (HKSE:01503) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

China Merchants Tower, Shun Tak Centre, Room 2603-2606, 26th Floor, Connaught Road Central, Hong Kong, HKG, 168-200

Website

https://www.cmcreit.com

China Merchants Commercial REIT and its subsidiaries are engaged in property investment. The operating business segments of the company are office buildings and shopping center. Its properties include New Times Plaza, Cyberport Building, Technology Building, Garden City Shopping Centre and Technology Building 2 among others.

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