Castleview Property Fund (JSE:CVW) LT-Debt-to-Total-Asset : 0.39 (As of Sep. 2024)

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What is Castleview Property 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. Castleview Property Fund's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.39.

Castleview Property Fund's long-term debt to total assets ratio increased from Sep. 2023 (0.38) to Sep. 2024 (0.39). It may suggest that Castleview Property Fund is progressively becoming more dependent on debt to grow their business.

Castleview Property Fund LT-Debt-to-Total-Asset Historical Data

The historical data trend for Castleview Property 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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Castleview Property Fund LT-Debt-to-Total-Asset Chart

Castleview Property Fund Annual Data

Trend

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Mar24

LT-Debt-to-Total-Asset

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0.10

0.52

0.39

0.37

Castleview Property Fund Semi-Annual Data
	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.42	0.39	0.38	0.37	0.39

Castleview Property Fund LT-Debt-to-Total-Asset Calculation

Castleview Property Fund's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	8140.679	/	21805.224
	=	0.37

Castleview Property Fund'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 )
	=	9023.909	/	23364.817
	=	0.39

Castleview Property Fund (JSE:CVW) 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.

Castleview Property Fund LT-Debt-to-Total-Asset Related Terms

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Castleview Property Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Castleview Property Fund Ltd (JSE:CVW) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

13 Hudson Street, De Waterkant, Woodstock, Cape Town, WC, ZAF, 8001

Website

https://www.castleview.co.za

Castleview Property Fund Ltd is a property holding and investment company in South Africa. Principally, it invests in a diversified portfolio of retail properties situated in South Africa. The company also invests in regional shopping centers like Pier 14 Shopping Centre located in the Eastern Cape.

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