Redefine Properties (JSE:RDF) LT-Debt-to-Total-Asset : 0.41 (As of Aug. 2024)

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What is Redefine Properties 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. Redefine Properties's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.41.

Redefine Properties's long-term debt to total assets ratio increased from Aug. 2023 (0.35) to Aug. 2024 (0.41). It may suggest that Redefine Properties is progressively becoming more dependent on debt to grow their business.

Redefine Properties LT-Debt-to-Total-Asset Historical Data

The historical data trend for Redefine Properties'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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Redefine Properties LT-Debt-to-Total-Asset Chart

Redefine Properties Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

LT-Debt-to-Total-Asset

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0.43

0.38

0.36

0.35

0.41

Redefine Properties Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.36	0.36	0.35	0.38	0.41

Redefine Properties LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2024 )	/	Total Assets (A: Aug. 2024 )
	=	41520.285	/	101914.154
	=	0.41

Redefine Properties's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (Q: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2024 )	/	Total Assets (Q: Aug. 2024 )
	=	41520.285	/	101914.154
	=	0.41

Redefine Properties (JSE:RDF) 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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Redefine Properties Business Description

Industry

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

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R7H1:Germany

Address

155 West Street, 4th floor, Sandown, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.redefine.co.za

Redefine Properties Ltd is a South African real estate investment trust involved in the ownership of office, retail, and industrial properties. The vast majority of Redefine's real estate portfolio is located in South Africa and Poland .Within South Africa, over half of the company's properties are in the province of Gauteng in terms of total value. The group comprises of segments in the local portfolio, being office, retail, industrial, specialised and head office, and the international portfolio being EPP, Redefine Europe and other. Majority of revenue is generated from EPP, international portfolio.

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