Century Properties Group (PHS:CPG) LT-Debt-to-Total-Asset : 0.23 (As of Mar. 2024)

View and export this data going back to 1976. Start your Free Trial

What is Century Properties 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. Century Properties Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.23.

Century Properties Group's long-term debt to total assets ratio declined from Mar. 2023 (0.25) to Mar. 2024 (0.23). It may suggest that Century Properties Group is progressively becoming less dependent on debt to grow their business.

Century Properties Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Century Properties 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.

* Premium members only.

Century Properties Group LT-Debt-to-Total-Asset Chart

Century Properties Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.24

0.23

0.17

0.27

0.22

Century Properties 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															0.25	0.24	0.21	0.22	0.23

Century Properties Group LT-Debt-to-Total-Asset Calculation

Century Properties 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 )
	=	12394.608	/	55385.411
	=	0.22

Century Properties 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 )
	=	12211.932	/	54161.712
	=	0.23

Century Properties Group (PHS:CPG) 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.

Century Properties Group LT-Debt-to-Total-Asset Related Terms

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

Century Properties Group (PHS:CPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Century Properties Group Inc (PHS:CPG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sen. Gil Puyat corner Makati Avenue, 21st Floor, Pacific Star Building, Makati Avenue, Makati, PHL

Website

https://www.century-properties.com

Century Properties Group Inc engages in the development, marketing, and sale of mid and high-rise condominiums and single detached homes, leasing of retail and office space, and property management. The operating segments of the group are Real estate development, Leasing, and Property management, of which key revenue is derived from the Real Estate Development segment which involves the sale of high-end, upper-middle-income, and affordable residential lots and units and the lease of residential developments under partnership agreements.

Century Properties Group (PHS:CPG) Headlines

No Headlines