Wharf Real Estate Investment Co (STU:4WF) LT-Debt-to-Total-Asset : 0.10 (As of Jun. 2024)

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What is Wharf Real Estate Investment Co 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. Wharf Real Estate Investment Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.10.

Wharf Real Estate Investment Co's long-term debt to total assets ratio declined from Jun. 2023 (0.14) to Jun. 2024 (0.10). It may suggest that Wharf Real Estate Investment Co is progressively becoming less dependent on debt to grow their business.

Wharf Real Estate Investment Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Wharf Real Estate Investment Co'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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Wharf Real Estate Investment Co LT-Debt-to-Total-Asset Chart

Wharf Real Estate Investment Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.17

0.12

0.10

Wharf Real Estate Investment Co Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.17	0.14	0.12	0.10	0.10

Wharf Real Estate Investment Co LT-Debt-to-Total-Asset Calculation

Wharf Real Estate Investment Co'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 )
	=	3502.771	/	28804.87
	=	0.12

Wharf Real Estate Investment Co'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 )
	=	2907.972	/	28422.166
	=	0.10

Wharf Real Estate Investment Co (STU:4WF) 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.

Wharf Real Estate Investment Co LT-Debt-to-Total-Asset Related Terms

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Wharf Real Estate Investment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wharf Real Estate Investment Co Ltd (STU:4WF) » Definitions » LT-Debt-to-Total-Asset

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WRFRF:USA 01997:Hong Kong 4WF:Germany

Address

16th Floor, Ocean Centre, Harbour City, Kowloon, Hong Kong, HKG

Website

https://www.wharfreic.com

Wharf spun off Wharf Real Estate Investment Co. in November 2017. It is a leading property investor with a focus on prime retail assets in Hong Kong. Rental income from flagship assets Harbour City and Times Square accounts for over 80% of revenue. The balance comes from Plaza Hollywood, The Murray, and Marco Polo hotels, and two offices in the central business district. The group also holds two malls in Singapore and a mixed development in Suzhou. Wharf was originally a shipping company but transformed into a property developer and investor in the 1960s by redeveloping its unused industrial assets, many located in city center and waterfront locations. The Harbour City site had been wharfs, and the Times Square site was a tram depot in the 1970s. Wheelock holds a 45% stake in the group.

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