Atrium Mortgage Investment (TSX:AI) LT-Debt-to-Total-Asset : 0.19 (As of Dec. 2023)

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What is Atrium Mortgage Investment 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. Atrium Mortgage Investment's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.19.

Atrium Mortgage Investment's long-term debt to total assets ratio increased from Dec. 2022 (0.19) to Dec. 2023 (0.19). It may suggest that Atrium Mortgage Investment is progressively becoming more dependent on debt to grow their business.

Atrium Mortgage Investment LT-Debt-to-Total-Asset Historical Data

The historical data trend for Atrium Mortgage Investment'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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Atrium Mortgage Investment LT-Debt-to-Total-Asset Chart

Atrium Mortgage Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.21

0.17

0.22

0.19

Atrium Mortgage Investment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.19	0.21	0.19	0.20	0.19

Atrium Mortgage Investment LT-Debt-to-Total-Asset Calculation

Atrium Mortgage Investment'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 )
	=	168.61	/	877.877
	=	0.19

Atrium Mortgage Investment's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	168.61	/	877.877
	=	0.19

Atrium Mortgage Investment (TSX:AI) 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.

Atrium Mortgage Investment LT-Debt-to-Total-Asset Related Terms

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Atrium Mortgage Investment (TSX:AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Atrium Mortgage Investment Corp (TSX:AI) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

AMIVF:USA 74O:Germany

Address

20 Adelaide Street East, Suite 900, Toronto, ON, CAN, M5C 2T6

Website

https://www.atriummic.com

Atrium Mortgage Investment Corp is a mortgage investment corporation in Canada. The company is a provider of financing solutions to commercial real estate and development communities in urban centers in Ontario and Western Canada. The company generates its revenue from mortgage interest and fees and rental income.