SAorate Real Estate (JSE:SAC) LT-Debt-to-Total-Asset : 0.32 (As of Jun. 2024)

View and export this data going back to 1995. Start your Free Trial

What is SAorate Real Estate 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. SAorate Real Estate's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.32.

SAorate Real Estate's long-term debt to total assets ratio increased from Jun. 2023 (0.29) to Jun. 2024 (0.32). It may suggest that SAorate Real Estate is progressively becoming more dependent on debt to grow their business.

SAorate Real Estate LT-Debt-to-Total-Asset Historical Data

The historical data trend for SAorate Real Estate'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.

SAorate Real Estate LT-Debt-to-Total-Asset Chart

SAorate Real Estate Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.31

0.36

0.37

0.38

SAorate Real Estate Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.17	0.37	0.29	0.38	0.32

SAorate Real Estate LT-Debt-to-Total-Asset Calculation

SAorate Real Estate's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	7523.276	/	19933.224
	=	0.38

SAorate Real Estate's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	6341.771	/	20157.882
	=	0.31

SAorate Real Estate (JSE:SAC) 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.

SAorate Real Estate LT-Debt-to-Total-Asset Related Terms

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

SAorate Real Estate Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corner Lower Road and West Road South, GreenPark Corner, 16th Floor, Morningside, Johannesburg, GT, ZAF, 2196

Website

https://www.sacorporatefund.co.za

SA Corporate Real Estate Ltd is a real estate investment trust. The company's portfolio includes mostly industrial and retail properties, with the remainder inner-city residential and commercial assets. The properties are mainly located in the metropolitan centres of South Africa, with more than half located in Gauteng, approximately one third in KwaZulu-Natal, and the others in Western Cape and other regions. The company's tenants consist of large national tenants, government tenants and franchisees.

SAorate Real Estate Headlines

No Headlines