GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Lument Finance Trust Inc (NYSE:LFT) » Definitions » LT-Debt-to-Total-Asset

LFT (Lument Finance Trust) LT-Debt-to-Total-Asset : 0.80 (As of Sep. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Lument Finance Trust 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. Lument Finance Trust's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.80.

Lument Finance Trust's long-term debt to total assets ratio declined from Sep. 2023 (0.83) to Sep. 2024 (0.80). It may suggest that Lument Finance Trust is progressively becoming less dependent on debt to grow their business.


Lument Finance Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lument Finance Trust'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.

Lument Finance Trust LT-Debt-to-Total-Asset Chart

Lument Finance Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.81 0.83 0.78 0.83

Lument Finance Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.83 0.83 0.82 0.80 0.80

Lument Finance Trust LT-Debt-to-Total-Asset Calculation

Lument Finance Trust'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 )
=1193.431/1446.932
=0.82

Lument Finance Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=1002.502/1255.999
=0.80

* 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.


Lument Finance Trust  (NYSE:LFT) 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.


Lument Finance Trust LT-Debt-to-Total-Asset Related Terms

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


Lument Finance Trust Business Description

Traded in Other Exchanges
Address
230 Park Avenue, 20th Floor, New York, NY, USA, 10169
Lument Finance Trust Inc operates as a real estate investment trust. The company is engaged in investment, financing, and management of a portfolio of commercial real estate debt investments. It invests in transitional floating-rate commercial real estate mortgage loans, mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed-rate loans, construction loans, and other CRE debt instruments.
Executives
William A Houlihan director 10900 WAYZATA BOULEVARD, MINNETONKA MN 55305
James J Henson officer: PRESIDENT LUMENT FINANCE TRUST, INC., 10 W BROAD ST., 8TH FLOOR, COLUMBUS OH 43215
Walter C Keenan director C/O FIVE OAKS INVESTMENT CORP., 540 MADISON AVE, 19TH FLOOR, NEW YORK NY 10022
James Christopher Hunt director 4401 NORTH MESA, EL PASO TX 79902
James A Briggs officer: Chief Financial Officer C/O HUNT COMPANIES FINANCE TRUST INC., 230 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10169
James Peter Flynn officer: Chief Executive Officer 230 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10169
Hunt Companies, Inc. 10 percent owner 4401 NORTH MESA, EL PASO TX 79902
Orix Corp 10 percent owner WORLD TRADE CENTER BLDG., SOUTH TOWER, 2-4-1 HAMAMATSU-CHO, MINATO-KU, TOKYO M0 105 5135
Orec Investment Holdings, Llc 10 percent owner 2001 ROSS AVENUE, SUITE 1900, DALLAS TX 75201
Hunt Capital Holdings Investments, Llc 10 percent owner 4401 NORTH MESA STREET, EL PASO TX 79902
Hunt Companies Equity Holdings, Llc 10 percent owner 230 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10169
Hunt Company, Llc 10 percent owner 9120 DOUBLE DIAMOND PARKWAY, RENO NV 89521
Hb Gp, Llc 10 percent owner 4401 NORTH MESA, EL PASO TX 79902
Hunt Elp, Ltd. 10 percent owner 4401 NORTH MESA, EL PASO TX 79902
Woody L Hunt 10 percent owner 4401 NORTH MESA, EL PASO TX 79902