UNIRF (Unibail-Rodamco-Westfield) LT-Debt-to-Total-Asset : 0.45 (As of Jun. 2024)

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What is Unibail-Rodamco-Westfield 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. Unibail-Rodamco-Westfield's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.45.

Unibail-Rodamco-Westfield's long-term debt to total assets ratio declined from Jun. 2023 (0.47) to Jun. 2024 (0.45). It may suggest that Unibail-Rodamco-Westfield is progressively becoming less dependent on debt to grow their business.

Unibail-Rodamco-Westfield LT-Debt-to-Total-Asset Historical Data

The historical data trend for Unibail-Rodamco-Westfield'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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Unibail-Rodamco-Westfield LT-Debt-to-Total-Asset Chart

Unibail-Rodamco-Westfield Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.37

0.45

0.47

0.49

Unibail-Rodamco-Westfield 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															0.47	0.47	0.47	0.49	0.45

Unibail-Rodamco-Westfield LT-Debt-to-Total-Asset Calculation

Unibail-Rodamco-Westfield'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 )
	=	28357.252	/	58427.59
	=	0.49

Unibail-Rodamco-Westfield'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 )
	=	25832.616	/	57316.577
	=	0.45

Unibail-Rodamco-Westfield (OTCPK:UNIRF) 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.

Unibail-Rodamco-Westfield LT-Debt-to-Total-Asset Related Terms

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Unibail-Rodamco-Westfield Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Unibail-Rodamco-Westfield (OTCPK:UNIRF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

UNBLF:USA URWp:UK 0YO9:UK URW:France UBLB:Germany UBLB:Germany 1BR1:Germany 1BR1:Germany 1BR1:Germany 1BR1:Germany URW:Australia UL:Austria

Address

7, Place du Chancelier Adenauer - CS, Paris, FRA, 31622-772

Website

https://www.urw.com

Unibail-Rodamco-Westfield owns a portfolio of quality malls, about two thirds in continental Europe. Since acquiring Westfield in 2018 URW also has about 10% in the UK and about a quarter in the US, but it plans to drastically reduce exposure to the latter. More than 90% of rent comes from shopping centers, the remainder from offices, mostly Paris, as well as some offices attached to mixed-use assets around the world, and a similar amount from a conventions and exhibitions business in France.