IGR (CBRE Clarion Global Real Estateome Fund) LT-Debt-to-Total-Asset : 0.31 (As of Jun. 2024)

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What is CBRE Clarion Global Real Estateome Fund 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. CBRE Clarion Global Real Estateome Fund's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.31.

CBRE Clarion Global Real Estateome Fund's long-term debt to total assets ratio increased from Jun. 2023 (0.30) to Jun. 2024 (0.31). It may suggest that CBRE Clarion Global Real Estateome Fund is progressively becoming more dependent on debt to grow their business.

CBRE Clarion Global Real Estateome Fund LT-Debt-to-Total-Asset Historical Data

The historical data trend for CBRE Clarion Global Real Estateome Fund'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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CBRE Clarion Global Real Estateome Fund LT-Debt-to-Total-Asset Chart

CBRE Clarion Global Real Estateome Fund Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.10

0.23

0.21

0.32

0.25

CBRE Clarion Global Real Estateome Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.29	0.32	0.30	0.25	0.31

CBRE Clarion Global Real Estateome Fund LT-Debt-to-Total-Asset Calculation

CBRE Clarion Global Real Estateome Fund'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 )
	=	289.442	/	1159.907
	=	0.25

CBRE Clarion Global Real Estateome Fund's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	335.432	/	1088.784
	=	0.31

CBRE Clarion Global Real Estateome Fund (NYSE:IGR) 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.

CBRE Clarion Global Real Estateome Fund LT-Debt-to-Total-Asset Related Terms

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CBRE Clarion Global Real Estateome Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CBRE Clarion Global Real Estate Income Fund (NYSE:IGR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 King of Prussia Road, Suite 600, Radnor, PA, USA, 19087

Website

https://www.cbreclarion.com

CBRE Clarion Global Real Estate Income Fund is the United States based diversified, closed-end management investment company. Its objective is high current income and its secondary objective is capital appreciation. The fund invests a majority of its total assets in income-producing real estate securities located mainly in the developed markets of North America, Europe, Australia, and Asia. Its portfolio of investments consists of different sectors such as diversified, retail, industrial, residential, hotels, healthcare, and other sectors.

Executives

Jonathan D Miniman	other: Portfolio Manager	201 KING OF PRUSSIA RD, SUITE 600, RADNOR PA 19087
Joseph P Smith	other: Sr. Dir of Investment Advisor	201 KING OF PRUSSIA RD SUITE 600, RADNOR PA 19087
Asuka Nakahara	director	527 GREYSTONE ROAD, MERION PA 19066
T Ritson Ferguson	director, officer: President & CEO, other: Pres./CEO; Managing Dir IA	201 KING OF PRUSSIA ROAD, RADNOR PA 19087
Leslie E Greis	director	C/O CBRE CLARION GLOBAL REAL ESTATE INCO, 201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Kenneth S Weinberg	other: Portfolio Manager	201 KING OF PRUSSIA RD, SUITE 600, RADNOR PA 19087
John R Bartholdson	director
Heidi Stam	director	110 QUAIL STREET, WAYNE PA 19087
Tull Robert Stanley Iii	officer: Secretary & CCO	201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Richard L Sutton	director	10 BARLEYMILL DRIVE, WILMINGTON DE 10019
Frederick S Hammer	director	400 MADISON AVENUE, NEW YORK NY 10017
Jarrett B Kling	director	1272 GULPH CREEK DRIVE, RADNOR PA 19087
Citigroup Inc	10 percent owner	388 GREENWICH STREET, NEW YORK NY 10013
Steven D Burton	other: Sr. Dir of Investment Advisor	423 ROUND HILL RD, ST DAVIDS PA 19087
Kenneth Campbell	other: Portfolio Mgr; Managing Dir IA	1419 LANES END, VILLINOVA PA 19085