Fairvest (JSE:FTA) LT-Debt-to-Total-Asset : 0.21 (As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Fairvest 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. Fairvest's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.21.

Fairvest's long-term debt to total assets ratio declined from Sep. 2023 (0.30) to Sep. 2024 (0.21). It may suggest that Fairvest is progressively becoming less dependent on debt to grow their business.

Fairvest LT-Debt-to-Total-Asset Historical Data

The historical data trend for Fairvest'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.

* Premium members only.

Fairvest LT-Debt-to-Total-Asset Chart

Fairvest Annual Data

Trend

Jun21

Sep23

Sep24

LT-Debt-to-Total-Asset

0.13

0.30

0.21

Fairvest Semi-Annual Data
	Jun21	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	0.13	0.17	0.30	0.26	0.21

Fairvest LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )	/	Total Assets (A: Sep. 2024 )
	=	2736.244	/	12901.74
	=	0.21

Fairvest'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 )
	=	2736.244	/	12901.74
	=	0.21

Fairvest (JSE:FTA) 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.

Fairvest LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Fairvest's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Fairvest Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

FTB:South Africa

Address

1 Sturdee Avenue, Rosebank, 3rd Floor, Upper Building, Johannesburg, GT, ZAF, 2076

Website

https://www.fairvest.co.za

Fairvest Ltd is a diversified real estate investment trust investing in the quality retail asset. The fairvest property portfolio consists of properties across South Africa. It has five operating segments Office, Industrial, Retail, Residential & Overhead. The majority is from the Retail segment. Geographically, it is located in South Africa.

Fairvest Headlines

From GuruFocus

Secure Asset Management, LLC's Top 5 Buys of the 4th Quarter

By GuruFocus Research GuruFocus Editor • 01-21-2023

Holloway Wealth Management, LLC Buys FIRST TR L CAP VAL, Caterpillar Inc, PepsiCo Inc, Sells AT&T Inc, Lowe's Inc, FIRST TR EXCH ALPH

By GuruFocusNews insider • 02-09-2022