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OZ (Belpointe PREP LLC) LT-Debt-to-Total-Asset : 0.29 (As of Sep. 2024)


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What is Belpointe PREP LLC 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. Belpointe PREP LLC's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.29.

Belpointe PREP LLC's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.29). It may suggest that Belpointe PREP LLC is progressively becoming more dependent on debt to grow their business.

Belpointe PREP LLC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Belpointe PREP LLC'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.

Belpointe PREP LLC LT-Debt-to-Total-Asset Chart

Belpointe PREP LLC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
- 0.04 0.02 0.06

Belpointe PREP LLC Quarterly Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.06 0.20 0.25 0.29

Belpointe PREP LLC LT-Debt-to-Total-Asset Calculation

Belpointe PREP LLC'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 )
=21.002/382.117
=0.05

Belpointe PREP LLC'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 )
=145.38/495.675
=0.29

* 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.

Belpointe PREP LLC  (AMEX:OZ) 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.

Belpointe PREP LLC LT-Debt-to-Total-Asset Related Terms

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Belpointe PREP LLC Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Belpointe PREP LLC (AMEX:OZ) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
N/A
Address
255 Glenville Road, Greenwich, CT, USA, 06831
Website
https://www.belpointe.com
Belpointe PREP LLC is a qualified opportunity fund. The company's investments consist of properties located in qualified opportunity zones for the development or redevelopment of multifamily, student housing, senior living, healthcare, industrial, self-storage, hospitality, office, mixed-use, data centers, and solar projects located throughout the United States and its territories.
Executives
Dean W Drulias director
Martin Lacoff director, officer: Principal Financial Officer 515 W GREENS ROAD STE 720, HOUSTON TX 77067
Brandon E. Lacoff director, officer: Chief Executive Officer C/O BELPOINTE, LLC, 255 GLENVILLE ROAD, GREENWICH CT 06831
Ronald Jr. Young director C/O BELPOINTE, LLC, 255 GLENVILLE ROAD, GREENWICH CT 06831
Shawn Orser director C/O BELPOINTE, LLC, 255 GLENVILLE ROAD, GREENWICH CT 06831
Timothy Oberweger director C/O BELPOINTE, LLC, 255 GLENVILLE ROAD, GREENWHICH CT 06831