Vividend Management Group (JSE:VIF) LT-Debt-to-Total-Asset : 0.57 (As of Feb. 2014)

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What is Vividend Management Group 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. Vividend Management Group's long-term debt to total assests ratio for the quarter that ended in Feb. 2014 was 0.57.

Vividend Management Group's long-term debt to total assets ratio declined from Feb. 2012 (0.94) to Feb. 2014 (0.57). It may suggest that Vividend Management Group is progressively becoming less dependent on debt to grow their business.

Vividend Management Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vividend Management Group'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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Vividend Management Group LT-Debt-to-Total-Asset Chart

Vividend Management Group Annual Data

Trend

Aug11

Aug12

Aug13

LT-Debt-to-Total-Asset

0.91

0.64

0.59

Vividend Management Group Semi-Annual Data
	Feb11	Feb12	Feb13	Feb14
LT-Debt-to-Total-Asset	0.82	0.94	0.58	0.57

Vividend Management Group LT-Debt-to-Total-Asset Calculation

Vividend Management Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2013 is calculated as

LT Debt to Total Assets (A: Aug. 2013 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2013 )	/	Total Assets (A: Aug. 2013 )
	=	1334.036	/	2276.2
	=	0.59

Vividend Management Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2014 is calculated as

LT Debt to Total Assets (Q: Feb. 2014 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2014 )	/	Total Assets (Q: Feb. 2014 )
	=	1337.392	/	2352.775
	=	0.57

Vividend Management Group (JSE:VIF) 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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Vividend Management Group (JSE:VIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vividend Management Group (JSE:VIF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.vividend.co.za

Vividend Management Group was incorporated on 17 February 2010. It is a real estate investment trust ( REIT). The Company's portfolio consists of investments in assets and opportunities within the various property sectors in South Africa and abroad with primary focus on the retail, commercial, industrial and office sectors. The Company own a portfolio of 22 properties providing 223 444 square metres of retail and commercial space.

Vividend Management Group (JSE:VIF) Headlines

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