Hyprop Investments (JSE:HYP) LT-Debt-to-Total-Asset : 0.33 (As of Dec. 2023)

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What is Hyprop Investments 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. Hyprop Investments's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.33.

Hyprop Investments's long-term debt to total assets ratio increased from Dec. 2022 (0.18) to Dec. 2023 (0.33). It may suggest that Hyprop Investments is progressively becoming more dependent on debt to grow their business.

Hyprop Investments LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hyprop Investments'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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Hyprop Investments LT-Debt-to-Total-Asset Chart

Hyprop Investments Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.19

0.14

0.15

0.21

0.24

Hyprop Investments Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.21	0.18	0.24	0.33

Hyprop Investments LT-Debt-to-Total-Asset Calculation

Hyprop Investments's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	9738.356	/	39870.697
	=	0.24

Hyprop Investments's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	13103.155	/	39925.074
	=

Hyprop Investments (JSE:HYP) 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.

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Hyprop Investments (JSE:HYP) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Cradock Avenue, 2nd Floor, Cradock Heights, Rosebank, Johannesburg, GT, ZAF, 2196

Website

https://www.hyprop.co.za

Hyprop Investments Ltd is a South Africa-based real estate investment trust that mainly invests in retail properties. The company's portfolio consists of shopping centers located in major metropolitan areas, mostly in South Africa, with the others in sub-Saharan Africa and Southeastern Europe. Hyprop Investments generates the majority of revenue from leasing properties to its tenants, which include supermarkets, entertainment venues, fashion and accessory stores, and general retailers. The company also owns a small proportion of office properties and development projects. Hyprop Investments' operating segments include shopping centres, value centres, stand-alone offices, and properties sold.

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