Immo Genk Zuid (XBRU:GENK) LT-Debt-to-Total-Asset : 0.14 (As of May. 2021)

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What is Immo Genk Zuid 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. Immo Genk Zuid's long-term debt to total assests ratio for the quarter that ended in May. 2021 was 0.14.

Immo Genk Zuid's long-term debt to total assets ratio declined from Nov. 2019 (0.14) to May. 2021 (0.14). It may suggest that Immo Genk Zuid is progressively becoming less dependent on debt to grow their business.

Immo Genk Zuid LT-Debt-to-Total-Asset Historical Data

The historical data trend for Immo Genk Zuid'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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Immo Genk Zuid LT-Debt-to-Total-Asset Chart

Immo Genk Zuid Annual Data

Trend

Nov10

Nov11

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

LT-Debt-to-Total-Asset

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0.13

0.14

Immo Genk Zuid Semi-Annual Data
	May11	Nov11	May12	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	May21
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.15	0.14	0.13	0.14

Immo Genk Zuid LT-Debt-to-Total-Asset Calculation

Immo Genk Zuid's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2019 is calculated as

LT Debt to Total Assets (A: Nov. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2019 )	/	Total Assets (A: Nov. 2019 )
	=	1.448	/	10.128
	=	0.14

Immo Genk Zuid's Long-Term Debt to Total Asset Ratio for the quarter that ended in May. 2021 is calculated as

LT Debt to Total Assets (Q: May. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: May. 2021 )	/	Total Assets (Q: May. 2021 )
	=	1.138	/	8.137
	=	0.14

Immo Genk Zuid (XBRU:GENK) 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.

Immo Genk Zuid LT-Debt-to-Total-Asset Related Terms

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