Vastned Belgium (LTS:0ET5) LT-Debt-to-Total-Asset : 0.25 (As of Sep. 2024)

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What is Vastned Belgium 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. Vastned Belgium's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.25.

Vastned Belgium's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.25). It may suggest that Vastned Belgium is progressively becoming more dependent on debt to grow their business.

Vastned Belgium LT-Debt-to-Total-Asset Historical Data

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

Vastned Belgium Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.26

0.28

0.26

0.21

0.25

Vastned Belgium 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															-	0.25	0.24	0.26	0.25

Vastned Belgium LT-Debt-to-Total-Asset Calculation

Vastned Belgium'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 )
	=	78.19	/	315.901
	=	0.25

Vastned Belgium'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 )
	=	81.021	/	318.365
	=	0.25

Vastned Belgium (LTS:0ET5) 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.

Vastned Belgium LT-Debt-to-Total-Asset Related Terms

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Vastned Belgium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vastned Belgium (LTS:0ET5) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

IJX:Germany VASTB:Belgium

Address

Generaal Lemanstraat 74, Berchem, BEL, 2600

Website

https://www.vastned.be

Vastned Belgium is a Belgium-based property investment company. Principally, it invests in Belgian commercial real estate, prime retail properties located on the shopping streets in the cities of Antwerp, Brussels, Ghent and Bruges, inner-city shops, high-end retail parks and retail warehouses.

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