AX Real Estate (MAL:AXR) LT-Debt-to-Total-Asset : 0.27 (As of Oct. 2024)

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What is AX Real Estate 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. AX Real Estate's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.27.

AX Real Estate's long-term debt to total assets ratio increased from Oct. 2023 (0.26) to Oct. 2024 (0.27). It may suggest that AX Real Estate is progressively becoming more dependent on debt to grow their business.

AX Real Estate LT-Debt-to-Total-Asset Historical Data

The historical data trend for AX Real Estate'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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AX Real Estate LT-Debt-to-Total-Asset Chart

AX Real Estate Annual Data

Trend

Oct22

Oct23

Oct24

LT-Debt-to-Total-Asset

0.37

0.26

0.27

AX Real Estate Semi-Annual Data
	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.37	0.24	0.26	0.26	0.27

AX Real Estate LT-Debt-to-Total-Asset Calculation

AX Real Estate's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (A: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2024 )	/	Total Assets (A: Oct. 2024 )
	=	85.885	/	323.649
	=	0.27

AX Real Estate's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (Q: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2024 )	/	Total Assets (Q: Oct. 2024 )
	=	85.885	/	323.649
	=	0.27

AX Real Estate (MAL:AXR) 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.

AX Real Estate LT-Debt-to-Total-Asset Related Terms

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AX Real Estate Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AX Real Estate PLC (MAL:AXR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

AX Business Centre, Triq Id-Difiza Civili, Mosta, MLT, MST 1741

Website

https://www.axrealestate.mt

AX Real Estate PLC serves as the holding company of the Estates Group within the AX Group, with the former boasting a diverse portfolio of properties. It is engaged in four main business sectors namely, Care, Construction, Hospitality, Real Estate, and Development, and is also involved in renewable energy. It operates into Five reportable segments Hospitality, Construction, Healthcare, Real Estate and Development, Administration, Finance & Investment. It generates the majority of its revenue from the Hospitality segment.