Macerich Co (STU:M6G) LT-Debt-to-Total-Asset : 0.59 (As of Dec. 2024)

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What is Macerich 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. Macerich Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.59.

Macerich Co's long-term debt to total assets ratio increased from Dec. 2023 (0.57) to Dec. 2024 (0.59). It may suggest that Macerich Co is progressively becoming more dependent on debt to grow their business.

Macerich Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Macerich 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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Macerich Co LT-Debt-to-Total-Asset Chart

Macerich Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.67

0.55

0.56

0.57

0.59

Macerich Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.57	0.59	0.60	0.58	0.59

Macerich Co LT-Debt-to-Total-Asset Calculation

Macerich Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	4836.627	/	8181.522
	=	0.59

Macerich Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	4836.627	/	8181.522
	=	0.59

Macerich Co (STU:M6G) 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.

Macerich Co LT-Debt-to-Total-Asset Related Terms

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Macerich Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Macerich Co (STU:M6G) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

MAC:USA 0JX5:UK M6G:Germany

Address

401 Wilshire Boulevard, Suite 700, Santa Monica, CA, USA, 90401

Website

https://www.macerich.com

Macerich invests in premium mall assets. The company owns 30 regional malls in its consolidated portfolio and 10 regional malls in its unconsolidated portfolio along with two power centers and seven other real estate assets. The company's total portfolio has 42.9 million square feet of gross leasable area and averaged $837 sales per square foot over the 12 months ended in December 2024.

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