Covivio (LTS:0J6V) LT-Debt-to-Total-Asset : 0.40 (As of Jun. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Covivio 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. Covivio's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.40.

Covivio's long-term debt to total assets ratio increased from Jun. 2023 (0.38) to Jun. 2024 (0.40). It may suggest that Covivio is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Covivio'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.

Covivio LT-Debt-to-Total-Asset Chart

Covivio Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.36

0.39

0.37

0.36

0.39

Covivio Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.35	0.36	0.38	0.39	0.40

Covivio LT-Debt-to-Total-Asset Calculation

Covivio'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 )
	=	9629.366	/	25026.159
	=	0.38

Covivio's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	10101.555	/	25459.937
	=	0.40

Covivio (LTS:0J6V) 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.

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

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

Covivio Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Covivio SA (LTS:0J6V) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

FNCDY:USA COVp:UK COV:France F5D:Germany F5D:Germany

Address

18 Avenue Francois Mitterrand, Metz, FRA, 57000

Website

https://www.covivio.eu

Covivio SA is a French real estate investment trust involved in the ownership of properties mainly in France, Italy, and Germany. The majority of the properties in the company's real estate portfolio are office buildings located in Paris and Milan. German residential properties also represent a significant percentage of its total assets. Fonciere des Regions derives nearly all of its revenue in the form of rental income from the ownership and maintenance of its portfolio of properties. French offices generate the majority revenue for the company, while Italian office buildings and German residential buildings in Berlin, Hamburg, and Dresden also contribute sizable income streams.

Covivio Headlines

No Headlines