Rexford Industrial Realty (Rexford Industrial Realty) LT-Debt-to-Total-Asset : 0.27 (As of Mar. 2024)

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What is Rexford Industrial Realty 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. Rexford Industrial Realty's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.27.

Rexford Industrial Realty's long-term debt to total assets ratio increased from Mar. 2023 (0.22) to Mar. 2024 (0.27). It may suggest that Rexford Industrial Realty is progressively becoming more dependent on debt to grow their business.

Rexford Industrial Realty LT-Debt-to-Total-Asset Historical Data

The historical data trend for Rexford Industrial Realty'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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Rexford Industrial Realty LT-Debt-to-Total-Asset Chart

Rexford Industrial Realty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.24

0.25

0.21

0.20

Rexford Industrial Realty 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															0.22	0.22	0.21	0.20	0.27

Rexford Industrial Realty LT-Debt-to-Total-Asset Calculation

Rexford Industrial Realty'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 )
	=	2225.914	/	10929.829
	=	0.20

Rexford Industrial Realty'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 )
	=	3349.12	/	12381.123
	=	0.27

Rexford Industrial Realty (NYSE:REXR) 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.

Rexford Industrial Realty LT-Debt-to-Total-Asset Related Terms

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Rexford Industrial Realty (Rexford Industrial Realty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Rexford Industrial Realty Inc (NYSE:REXR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

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REXRpC.PFD:USA REXRpB.PFD:USA REXR:Mexico 3I0:Germany

Address

11620 Wilshire Boulevard, Suite 1000, Los Angeles, CA, USA, 90025

Website

https://www.rexfordindustrial.com

Rexford Industrial Realty Inc is a real estate investment trust primarily engaged in the acquisition, ownership, and operation of industrial properties in Southern California. The company mainly focuses on leasing facilities in infill markets or relatively wealthy urban areas with a general scarcity of developable land. The vast majority of Rexford's real estate portfolio, in terms of square footage, revenue generation, and total value, comprises light manufacturing and distribution warehouse buildings located in Los Angeles and San Diego. The company's largest tenants are firms in the wholesale and retail, light manufacturing, industrial equipment, and food and beverage industries.

Executives

Laura E Clark	officer: Chief Financial Officer	11620 WILSHIRE BOULEVARD, SUITE 1000, LOS ANGELES CA 90025
Howard Schwimmer	director, officer: Co-CEO, Co-President	11620 WILSHIRE BOULEVARD, SUITE 300, LOS ANGELES CA 90025
David E. Lanzer	officer: General Counsel	11620 WILSHIRE BLVD, SUITE 1000, LOS ANGELES CA 90025
Angela L. Kleiman	director	1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Michael S. Frankel	director, officer: Co-CEO	11620 WILSHIRE BOULEVARD, SUITE 300, LOS ANGELES CA 90025
Debra L Morris	director	11620 WILSHIRE BOULEVARD, SUITE 1000, LOS ANGELES CA 90025
Richard S Ziman	director	C/O AVP ADVISORS INC., 10940 WILSHIRE BLVD., STE. 1950, LOS ANGELES CA 90024
Adeel Khan	officer: Chief Financial Officer	11620 WILSHIRE BOULEVARD, SUITE 300, LOS ANGELES CA 90025
Steven C Good	director	11755 WILSHIRE BOULEVARD, SUITE 1700, LOS ANGELES CA 90025
Diana J Ingram	director	11620 WILSHIRE BOULEVARD, SUITE 1000, LOS ANGELES CA 90025
Tyler H Rose	director	12200 W OLYMPIC BLVD, SUITE 200, LOS ANGELES CA 90064
Peter E Schwab	director	C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Jonathan Abrams	officer: General Counsel	355 SOUTH GRAND AVENUE, SUITE 3300, LOS ANGELES CA 90071
Joel S Marcus	director	C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Leslie E Bider	director	1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401