LFM Properties (PHS:LPC) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2024)

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What is LFM Properties 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. LFM Properties's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.06.

LFM Properties's long-term debt to total assets ratio declined from Mar. 2023 (0.20) to Mar. 2024 (0.06). It may suggest that LFM Properties is progressively becoming less dependent on debt to grow their business.

LFM Properties LT-Debt-to-Total-Asset Historical Data

The historical data trend for LFM Properties'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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LFM Properties LT-Debt-to-Total-Asset Chart

LFM Properties Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.32

0.24

LFM Properties Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.20	0.18	0.16	-	0.06

LFM Properties LT-Debt-to-Total-Asset Calculation

LFM Properties'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 )
	=	0	/	2110.985
	=	0.00

LFM Properties'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 )
	=	136.603	/	2378.276
	=	0.06

LFM Properties (PHS:LPC) 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.

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LFM Properties (PHS:LPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » LFM Properties Corp (PHS:LPC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

835 A. Arnaiz Avenue, 3rd Floor, Liberty Building, Makati, PHL

Website

https://www.lfmproperty.com

LFM Properties Corp is engaged in the real estate business. It holds, develops, manages, administer, sells, convey, encumber, purchase, acquire, rent, or otherwise deal in and dispose all kinds of real estate projects. The company derives all its revenues from the real estate properties it owns and leases out to tenants.

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