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Bellevue Healthcare Trust (LSE:BBH) LT-Debt-to-Total-Asset : 0.04 (As of Nov. 2023)


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What is Bellevue Healthcare 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. Bellevue Healthcare Trust's long-term debt to total assests ratio for the quarter that ended in Nov. 2023 was 0.04.

Bellevue Healthcare Trust's long-term debt to total assets ratio declined from Nov. 2022 (0.08) to Nov. 2023 (0.04). It may suggest that Bellevue Healthcare Trust is progressively becoming less dependent on debt to grow their business.


Bellevue Healthcare Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bellevue Healthcare 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.

Bellevue Healthcare Trust LT-Debt-to-Total-Asset Chart

Bellevue Healthcare Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.09 - 0.06 0.08 0.04

Bellevue Healthcare Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 0.06 0.12 0.08 0.06 0.04

Bellevue Healthcare Trust LT-Debt-to-Total-Asset Calculation

Bellevue Healthcare Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

LT Debt to Total Assets (A: Nov. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Nov. 2023 )/Total Assets (A: Nov. 2023 )
=31.696/808.003
=0.04

Bellevue Healthcare Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

LT Debt to Total Assets (Q: Nov. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Nov. 2023 )/Total Assets (Q: Nov. 2023 )
=31.696/808.003
=0.04

* 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.


Bellevue Healthcare Trust  (LSE:BBH) 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.


Bellevue Healthcare Trust LT-Debt-to-Total-Asset Related Terms

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Bellevue Healthcare Trust (LSE:BBH) Business Description

Traded in Other Exchanges
Address
125 London Wall, Barbican, 6th Floor, London, GBR, EC2Y 5AS
Bellevue Healthcare Trust PLC is a closed-ended investment company. The investment objective of the company is to provide shareholders with capital growth and income over the long term, through investment in listed or quoted healthcare companies. The Company may also invest in ADRs or convertible instruments issued by such companies and may invest in, or underwrite, future equity issues by such companies. The company has a geographical presence in Europe, Asia, the United States, and Others.

Bellevue Healthcare Trust (LSE:BBH) Headlines