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IREIT Global (SGX:8U7U) LT-Debt-to-Total-Asset : 0.37 (As of Dec. 2023)


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What is IREIT Global 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. IREIT Global's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.37.

IREIT Global's long-term debt to total assets ratio increased from Dec. 2022 (0.32) to Dec. 2023 (0.37). It may suggest that IREIT Global is progressively becoming more dependent on debt to grow their business.


IREIT Global LT-Debt-to-Total-Asset Historical Data

The historical data trend for IREIT Global'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.

IREIT Global LT-Debt-to-Total-Asset Chart

IREIT Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.34 0.32 0.32 0.37

IREIT Global Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only 0.32 0.31 0.32 0.33 0.37

IREIT Global LT-Debt-to-Total-Asset Calculation

IREIT Global'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 )
=362.869/992.076
=0.37

IREIT Global'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 )
=362.869/992.076
=0.37

* 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.


IREIT Global  (SGX:8U7U) 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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IREIT Global (SGX:8U7U) Business Description

Industry
Traded in Other Exchanges
Address
1 Wallich Street, No. 15-03 Guoco Tower, Singapore, SGP, 078881
IREIT Global is a real estate investment trust. It invests directly or indirectly, in a portfolio of income-producing real estate in Europe, which is used for office purposes, as well as real estate-related assets. The company's properties portfolio comprises 37 properties & German portfolio includes Berlin Campus, Bonn Campus, Darmstadt Campus, Munster Campus, and Concor Park.

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