EfTEN Real Estate Fund AS (OTSE:EFT1T) LT-Debt-to-Total-Asset : 0.34 (As of Dec. 2023)

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What is EfTEN Real Estate Fund AS 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. EfTEN Real Estate Fund AS's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.34.

EfTEN Real Estate Fund AS's long-term debt to total assets ratio increased from Dec. 2022 (0.25) to Dec. 2023 (0.34). It may suggest that EfTEN Real Estate Fund AS is progressively becoming more dependent on debt to grow their business.

EfTEN Real Estate Fund AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for EfTEN Real Estate Fund AS'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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EfTEN Real Estate Fund AS LT-Debt-to-Total-Asset Chart

EfTEN Real Estate Fund AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.26

0.29

0.36

0.25

0.34

EfTEN Real Estate Fund AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.25	0.25	0.36	0.33	0.34

EfTEN Real Estate Fund AS LT-Debt-to-Total-Asset Calculation

EfTEN Real Estate Fund AS'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 )
	=	130.849	/	380.944
	=	0.34

EfTEN Real Estate Fund AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	130.849	/	380.944
	=	0.34

EfTEN Real Estate Fund AS (OTSE:EFT1T) 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.

EfTEN Real Estate Fund AS LT-Debt-to-Total-Asset Related Terms

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EfTEN Real Estate Fund AS (OTSE:EFT1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » EfTEN Real Estate Fund AS (OTSE:EFT1T) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

A. Lauteri 5, Tallinn, EST, 10114

Website

https://www.eref.ee

EfTEN Real Estate Fund AS is a closed alternative investment fund. The company invests in cash-flow-generating commercial properties in the Baltic states. Its segments include Office premises, Logistics premises, Retail premises, and Care home premises. The fund targets retail investors. Its geographical segments are Estonia, Latvia, and Lithuania. It generates a majority of its revenue from Retail premises. Geographically, the company generates a majority of its revenue from Lithuania.

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