CoStar Group (MEX:CSGP) LT-Debt-to-Total-Asset : 0.12 (As of Mar. 2024)

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What is CoStar Group 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. CoStar Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.12.

CoStar Group's long-term debt to total assets ratio declined from Mar. 2023 (0.13) to Mar. 2024 (0.12). It may suggest that CoStar Group is progressively becoming less dependent on debt to grow their business.

CoStar Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for CoStar Group'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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CoStar Group LT-Debt-to-Total-Asset Chart

CoStar Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.04

0.16

0.15

0.13

0.12

CoStar Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.13	0.12	0.12	0.12	0.12

CoStar Group LT-Debt-to-Total-Asset Calculation

CoStar Group'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 )
	=	18169.235	/	151405.2
	=	0.12

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

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	17689.948	/	149938.866
	=	0.12

CoStar Group (MEX:CSGP) 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.

CoStar Group LT-Debt-to-Total-Asset Related Terms

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CoStar Group (MEX:CSGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CoStar Group Inc (MEX:CSGP) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CSGP:USA RLG:Germany RLG:Germany C1GP34:Brazil

Address

1331 L Street, Northwest, WA, USA, 20005

Website

https://www.costar.com

CoStar Group is a leading provider of commercial real estate data and marketplace listing platforms. Its data offering contains in-depth analytical information on over 5 million commercial real estate properties related to various subsectors including office, retail, multifamily, healthcare, industrial, self-storage, and data centers. It operates many flagship brands such as CoStar Suite, LoopNet, Apartments.com, BizBuySell, and LandsofAmerica, with more than 80% of its revenue classified as subscription-based. The company also recently expanded its presence in Canada, the United Kingdom, Spain, and France.