Assura (LSE:AGR) LT-Debt-to-Total-Asset : 0.49 (As of Sep. 2024)

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What is Assura 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. Assura's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.49.

Assura's long-term debt to total assets ratio increased from Sep. 2023 (0.44) to Sep. 2024 (0.49). It may suggest that Assura is progressively becoming more dependent on debt to grow their business.

Assura LT-Debt-to-Total-Asset Historical Data

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

Assura Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.38

0.37

0.40

0.43

0.45

Assura Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.40	0.43	0.44	0.45	0.49

Assura LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	1252.5	/	2812.2
	=	0.45

Assura'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 )
	=	1602.8	/	3288.7
	=	0.49

Assura (LSE:AGR) 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.

Assura LT-Debt-to-Total-Asset Related Terms

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Assura Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Assura PLC (LSE:AGR) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

ARSSF:USA AGRl:UK

Address

3 Barrington Road, Altrincham, GBR, WA14 1GY

Website

https://www.assuraplc.com

Assura PLC is a healthcare facility REIT. The company operates one segment that develops, owns, and manages primary-care properties. All the company's revenue is generated in the United Kingdom. Assura seeks properties that are characterized by a secure and predictable income stream with an underpinning of inflation linkage. The company considers merger and acquisition investment to be a component of its operational growth strategy. It engages in relationship-building with general practitioners to secure investment opportunities.