Digital Core REIT (SGX:DCRU) LT-Debt-to-Total-Asset : 0.31 (As of Jun. 2024)

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What is Digital Core REIT 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. Digital Core REIT's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.31.

Digital Core REIT's long-term debt to total assets ratio increased from Jun. 2023 (0.31) to Jun. 2024 (0.31). It may suggest that Digital Core REIT is progressively becoming more dependent on debt to grow their business.

Digital Core REIT LT-Debt-to-Total-Asset Historical Data

The historical data trend for Digital Core REIT'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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Digital Core REIT LT-Debt-to-Total-Asset Chart

Digital Core REIT Annual Data

Trend

Dec18

Dec19

Dec20

Dec22

Dec23

LT-Debt-to-Total-Asset

0.24

0.31

0.37

Digital Core REIT Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.23	0.31	0.31	0.37	0.31

Digital Core REIT LT-Debt-to-Total-Asset Calculation

Digital Core REIT'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 )
	=	555.493	/	1509.037
	=	0.37

Digital Core REIT's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	469.458	/	1516.755
	=	0.31

Digital Core REIT (SGX:DCRU) 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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Digital Core REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Digital Core REIT (SGX:DCRU) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

DGTCF:USA

Address

10 Collyer Quay, No. 42-06 Ocean Financial Centre, Singapore, SGP, 049315

Website

https://www.digitalcorereit.com

Digital Core REIT is an S-REIT established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilized income-producing real estate assets located globally which are majorly used for data centre purposes, as well as assets necessary to support the digital economy. Its objective is to create long-term, sustainable value for all stakeholders through ownership and operation of a stabilised and diversified portfolio of mission-critical data centre facilities concentrated in select global markets. The company's geographical presence in North America (U.S. and Canada) and Germany. Company earns majority of its revenue from North America segment.

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