HPTRP.PFD (Service Properties Trust) LT-Debt-to-Total-Asset : 0.78 (As of Sep. 2024)

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What is Service Properties 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. Service Properties Trust's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.78.

Service Properties Trust's long-term debt to total assets ratio increased from Sep. 2023 (0.75) to Sep. 2024 (0.78). It may suggest that Service Properties Trust is progressively becoming more dependent on debt to grow their business.

Service Properties Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for Service Properties 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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Service Properties Trust LT-Debt-to-Total-Asset Chart

Service Properties Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.63

0.71

0.67

0.76

0.75

Service Properties Trust 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															0.75	0.75	0.76	0.78	0.78

Service Properties Trust LT-Debt-to-Total-Asset Calculation

Service Properties 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 )
	=	5520.22	/	7356.116
	=	0.75

Service Properties Trust'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 )
	=	5554.247	/	7086.792
	=	0.78

Service Properties Trust (NAS:HPTRP.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.

Service Properties Trust LT-Debt-to-Total-Asset Related Terms

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Service Properties Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Service Properties Trust (NAS:HPTRP.PFD) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

SVC:USA HPO:Germany HPO:Germany

Address

255 Washington Street, Suite 300, Two Newton Place, Newton, MA, USA, 02458-1634

Website

https://www.svcreit.com

Service Properties Trust is a real estate investment trust that owns hotel properties. These properties are located in the United States, along with Canada and Puerto Rico. The company operates through its hotel investment unit and net lease investments. The firm derives the majority of its revenue from the hotel real estate investments unit. The hotels are distinguished between their service levels, which include full service, select service, and extended stay; and chain scale, which includes luxury, upper upscale, upscale, upper midscale, and midscale. The hotels are extended stay or upscale. Some of the hotel brands include Courtyard by Marriott, Royal Sonesta, Crowne Plaza Hotels & Resorts, and Hyatt Place.