Brookfield Global Infrastructure Securitiesome Fund (TSX:BGI.UN) LT-Debt-to-Total-Asset : 0.21 (As of Jun. 2024)

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What is Brookfield Global Infrastructure Securitiesome Fund 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. Brookfield Global Infrastructure Securitiesome Fund's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.21.

Brookfield Global Infrastructure Securitiesome Fund's long-term debt to total assets ratio increased from Jun. 2023 (0.18) to Jun. 2024 (0.21). It may suggest that Brookfield Global Infrastructure Securitiesome Fund is progressively becoming more dependent on debt to grow their business.

Brookfield Global Infrastructure Securitiesome Fund LT-Debt-to-Total-Asset Historical Data

The historical data trend for Brookfield Global Infrastructure Securitiesome Fund'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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Brookfield Global Infrastructure Securitiesome Fund LT-Debt-to-Total-Asset Chart

Brookfield Global Infrastructure Securitiesome Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.29

0.22

0.21

0.22

0.20

Brookfield Global Infrastructure Securitiesome Fund Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.21	0.22	0.18	0.20	0.21

Brookfield Global Infrastructure Securitiesome Fund LT-Debt-to-Total-Asset Calculation

Brookfield Global Infrastructure Securitiesome Fund'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 )
	=	17.637	/	90.044
	=	0.20

Brookfield Global Infrastructure Securitiesome Fund'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 )
	=	19.029	/	90.828
	=	0.21

Brookfield Global Infrastructure Securitiesome Fund (TSX:BGI.UN) 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.

Brookfield Global Infrastructure Securitiesome Fund LT-Debt-to-Total-Asset Related Terms

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Brookfield Global Infrastructure Securitiesome Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brookfield Global Infrastructure Securities Income Fund (TSX:BGI.UN) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

Brookfield Place, 181 Bay Street, Suite 300, Toronto, ON, CAN, M5J 2T3

Website

https://www.brookfield.com

Brookfield Global Infrastructure Securities Income Fund is a closed-end investment fund. The investment objective of the company is to provide the unitholders with quarterly cash distributions; maximize total return for unitholders through distributions and capital appreciation, and preserve capital. It invests in a portfolio comprised of equity securities of publicly-traded infrastructure companies that own and operate infrastructure assets.

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