Lar Espana Real Estate Socimi (Lar Espana Real Estate Socimi) LT-Debt-to-Total-Asset : 0.41 (As of Jun. 2023)

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What is Lar Espana Real Estate Socimi 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. Lar Espana Real Estate Socimi's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.41.

Lar Espana Real Estate Socimi's long-term debt to total assets ratio declined from Jun. 2022 (0.45) to Jun. 2023 (0.41). It may suggest that Lar Espana Real Estate Socimi is progressively becoming less dependent on debt to grow their business.

Lar Espana Real Estate Socimi LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lar Espana Real Estate Socimi'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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Lar Espana Real Estate Socimi LT-Debt-to-Total-Asset Chart

Lar Espana Real Estate Socimi Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.34

0.37

0.42

0.43

0.45

Lar Espana Real Estate Socimi Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.28	0.43	0.45	0.45	0.41

Lar Espana Real Estate Socimi LT-Debt-to-Total-Asset Calculation

Lar Espana Real Estate Socimi's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	809.714	/	1820.21
	=	0.44

Lar Espana Real Estate Socimi's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	701.355	/	1724.909
	=	0.41

Lar Espana Real Estate Socimi (OTCPK:LAREF) 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.

Lar Espana Real Estate Socimi LT-Debt-to-Total-Asset Related Terms

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Lar Espana Real Estate Socimi (Lar Espana Real Estate Socimi) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Lar Espana Real Estate Socimi SA (OTCPK:LAREF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

LREe:UK 0QRL:UK LRE:Spain

Address

Calle Maria de Molina 39, 10th Floor, Madrid, ESP, 28006

Website

https://www.larespana.com

Lar Espana Real Estate Socimi SA invests in and manages real estate assets, focusing on retail properties throughout Spain, office properties in Madrid & Barcelona, and the possibility of investing opportunistically on residential assets. Its main activity is the acquisition and management of shopping centres, may invest to a lesser extent in other assets for rent or for direct sale (commercial premises, industrial premises, logistics centres, offices and residential products).

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