FairPlay Properties REIT (XBUL:FPP) LT-Debt-to-Total-Asset : 0.22 (As of Dec. 2023)

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What is FairPlay Properties REIT 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. FairPlay Properties REIT's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.22.

FairPlay Properties REIT's long-term debt to total assets ratio declined from Dec. 2022 (0.23) to Dec. 2023 (0.22). It may suggest that FairPlay Properties REIT is progressively becoming less dependent on debt to grow their business.

FairPlay Properties REIT LT-Debt-to-Total-Asset Historical Data

The historical data trend for FairPlay Properties REIT'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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FairPlay Properties REIT LT-Debt-to-Total-Asset Chart

FairPlay Properties REIT Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.09

0.23

0.22

FairPlay Properties REIT 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															0.23	0.22	0.21	0.21	0.22

FairPlay Properties REIT LT-Debt-to-Total-Asset Calculation

FairPlay Properties REIT'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 )
	=	31.785	/	143.498
	=	0.22

FairPlay Properties REIT'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 )
	=	31.785	/	143.498
	=	0.22

FairPlay Properties REIT (XBUL:FPP) 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.

FairPlay Properties REIT LT-Debt-to-Total-Asset Related Terms

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FairPlay Properties REIT (XBUL:FPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » FairPlay Properties REIT (XBUL:FPP) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

51B Cherni Vruh Boulevard, Sofia, BGR, 1407

Website

http://www.fpi.bg

FairPlay Properties REIT is a real estate investment trust. The company's portfolio consists of apartment complexes, hotels, commercial buildings, residential buildings, and offices among others. Some of its projects are Fodder Kitchen, Fodder Plant, Moderato Restaurant, Greenville Hotel and Apartment Houses, and others.

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