Vornado Realty Trust (Vornado Realty Trust) LT-Debt-to-Total-Asset : 0.52 (As of Dec. 2023)

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What is Vornado Realty Trust 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. Vornado Realty Trust's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.52.

Vornado Realty Trust's long-term debt to total assets ratio increased from Dec. 2022 (0.52) to Dec. 2023 (0.52). It may suggest that Vornado Realty Trust is progressively becoming more dependent on debt to grow their business.

Vornado Realty Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vornado Realty Trust'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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Vornado Realty Trust LT-Debt-to-Total-Asset Chart

Vornado Realty Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.40

0.45

0.49

0.52

Vornado Realty Trust 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															0.52	0.52	0.51	0.51	0.52

Vornado Realty Trust LT-Debt-to-Total-Asset Calculation

Vornado Realty Trust'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 )
	=	8409.311	/	16187.665
	=	0.52

Vornado Realty Trust'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 )
	=	8409.311	/	16187.665
	=	0.52

Vornado Realty Trust (NYSE:VNOpICL.PFD) 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.

Vornado Realty Trust LT-Debt-to-Total-Asset Related Terms

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Vornado Realty Trust (Vornado Realty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vornado Realty Trust (NYSE:VNOpICL.PFD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VNOpO.PFD:USA VNOPN.PFD:USA VNOpM.PFD:USA VNORP.PFD:USA VNOpL.PFD:USA VNO:USA VO7:Germany V1NO34:Brazil

Address

888 Seventh Avenue, New York, NY, USA, 10019

Website

https://www.vno.com

Vornado owns and has an ownership interest in Class A office and retail properties highly concentrated in Manhattan, with additional properties in San Francisco and Chicago. It operates as a real estate investment trust.