Sirius Real Estate (Sirius Real Estate) LT-Debt-to-Total-Asset : 0.37 (As of Mar. 2024)

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What is Sirius Real Estate 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. Sirius Real Estate's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.37.

Sirius Real Estate's long-term debt to total assets ratio increased from Mar. 2023 (0.32) to Mar. 2024 (0.37). It may suggest that Sirius Real Estate is progressively becoming more dependent on debt to grow their business.

Sirius Real Estate LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sirius Real Estate'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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Sirius Real Estate LT-Debt-to-Total-Asset Chart

Sirius Real Estate Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.33

0.31

0.42

0.32

0.37

Sirius Real Estate Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.42	0.41	0.32	0.32	0.37

Sirius Real Estate LT-Debt-to-Total-Asset Calculation

Sirius Real Estate's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	1033.696	/	2820.87
	=	0.37

Sirius Real Estate'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 )
	=	1033.696	/	2820.87
	=	0.37

Sirius Real Estate (OTCPK:SRRLF) 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.

Sirius Real Estate LT-Debt-to-Total-Asset Related Terms

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Sirius Real Estate (Sirius Real Estate) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sirius Real Estate Ltd (OTCPK:SRRLF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SRE:South Africa SREl:UK SRE:UK EYI:Germany

Address

Admiral Park, Trafalgar Court, 2nd Floor, East Wing, Channel Islands, St Peter Port, GGY, GY1 3EL

Website

https://www.sirius-real-estate.com

Sirius Real Estate Ltd is in the business of investment in and acquisition of the commercial property to provide workspace in Germany. It operates in two segments that is Germany; and United Kingdom. The Company invests in large mixed-use commercial real estate assets in Germany. The firm derives revenues in the form of rental income from operations in Germany. Its portfolio includes Conventional offices, Smartspace Office, Officepods, Virtual office, Classical storage spaces, Smart space Storage, Flexi storage, Workshop spaces, and others.