Social Housing REIT (LSE:SOHO) LT-Debt-to-Total-Asset : 0.40 (As of Dec. 2024)

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What is Social Housing REIT 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. Social Housing REIT's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.40.

Social Housing REIT's long-term debt to total assets ratio increased from Dec. 2023 (0.37) to Dec. 2024 (0.40). It may suggest that Social Housing REIT is progressively becoming more dependent on debt to grow their business.

Social Housing REIT LT-Debt-to-Total-Asset Historical Data

The historical data trend for Social Housing REIT'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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Social Housing REIT LT-Debt-to-Total-Asset Chart

Social Housing REIT Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.31

0.37

0.40

Social Housing REIT Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.37	0.37	0.37	0.37	0.40

Social Housing REIT LT-Debt-to-Total-Asset Calculation

Social Housing REIT's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	262.909	/	658.808
	=	0.40

Social Housing REIT's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	262.909	/	658.808
	=	0.40

Social Housing REIT (LSE:SOHO) 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.

Social Housing REIT LT-Debt-to-Total-Asset Related Terms

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Social Housing REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Social Housing REIT PLC (LSE:SOHO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 King William Street, London, GBR, EC4N 7AF

Website

https://www.triplepointreit.com

Social Housing REIT PLC, formerly Triple Point Social Housing REIT PLC is an investment company, which invests in UK social housing assets, in particular homes in the Supported Housing sector which have been adapted to provide care and support to vulnerable tenants. It has invested in a diverse range of investment sectors, including property, central and local government, NHS Hospital Trusts and infrastructure including lease and asset finance, and small and medium-sized businesses.