Comforia Residential REIT (TSE:3282) LT-Debt-to-Total-Asset : 0.45 (As of Jul. 2023)

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What is Comforia Residential 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. Comforia Residential REIT's long-term debt to total assests ratio for the quarter that ended in Jul. 2023 was 0.45.

Comforia Residential REIT's long-term debt to total assets ratio increased from Jul. 2022 (0.44) to Jul. 2023 (0.45). It may suggest that Comforia Residential REIT is progressively becoming more dependent on debt to grow their business.

Comforia Residential REIT LT-Debt-to-Total-Asset Historical Data

The historical data trend for Comforia Residential 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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Comforia Residential REIT LT-Debt-to-Total-Asset Chart

Comforia Residential REIT Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

LT-Debt-to-Total-Asset

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0.47

0.42

0.44

0.45

Comforia Residential REIT Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.45	0.44	0.44	0.45	-

Comforia Residential REIT LT-Debt-to-Total-Asset Calculation

Comforia Residential REIT's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

LT Debt to Total Assets (A: Jul. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2023 )	/	Total Assets (A: Jul. 2023 )
	=	142230	/	318577.426
	=	0.45

Comforia Residential REIT's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2023 is calculated as

LT Debt to Total Assets (Q: Jul. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jul. 2023 )	/	Total Assets (Q: Jul. 2023 )
	=	142230	/	318577.426
	=	0.45

Comforia Residential REIT (TSE:3282) 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.

Comforia Residential REIT LT-Debt-to-Total-Asset Related Terms

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Comforia Residential REIT (TSE:3282) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Comforia Residential REIT Inc (TSE:3282) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

1-1 Minami-Aoyama 1-chome, Minato-ku, Tokyo, JPN

Website

http://www.comforia-reit.co.jp

Comforia Residential REIT Inc is a Japan-based residential real estate investment trust. The company is engaged in investment in residential real estates for lease, real estate backed assets and general leasing properties. It offers leasing properties for singles and small families. The REIT invests in leasing properties located in Tokyo metropolitan and other residential properties in communities in other cities.

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