Exemplar REITail (JSE:EXP) LT-Debt-to-Total-Asset : 0.34 (As of Feb. 2024)

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What is Exemplar REITail 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. Exemplar REITail's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.34.

Exemplar REITail's long-term debt to total assets ratio increased from Feb. 2023 (0.31) to Feb. 2024 (0.34). It may suggest that Exemplar REITail is progressively becoming more dependent on debt to grow their business.

Exemplar REITail LT-Debt-to-Total-Asset Historical Data

The historical data trend for Exemplar REITail'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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Exemplar REITail LT-Debt-to-Total-Asset Chart

Exemplar REITail Annual Data

Trend

Feb15

Feb16

Feb17

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

LT-Debt-to-Total-Asset

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0.26

0.36

0.31

0.34

Exemplar REITail Semi-Annual Data
	Feb15	Feb16	Feb17	Aug17	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.36	-	0.31	0.01	0.34

Exemplar REITail LT-Debt-to-Total-Asset Calculation

Exemplar REITail's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (A: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2024 )	/	Total Assets (A: Feb. 2024 )
	=	3034.277	/	8960.073
	=	0.34

Exemplar REITail's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (Q: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2024 )	/	Total Assets (Q: Feb. 2024 )
	=	3034.277	/	8960.073
	=	0.34

Exemplar REITail (JSE:EXP) 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.

Exemplar REITail LT-Debt-to-Total-Asset Related Terms

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Exemplar REITail Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Exemplar REITail Ltd (JSE:EXP) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Corner Lyttelton Road and Leyden Avenue, Clubview, Centurion, Sokatami Estate, Pretoria, ZAF, 0157

Website

https://www.exemplarreit.co.za

Exemplar REITail Ltd is a real estate investment trust which develops, owns, and manages township and rural retail real estate. The company is the only fund in the country focused purely on retail in under-serviced areas that offers stakeholders a unique investment opportunity.