Tower Real Estate Investment Trust (XKLS:5111) LT-Debt-to-Total-Asset : 0.28 (As of Dec. 2024)

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What is Tower Real Estate Investment 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. Tower Real Estate Investment Trust's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.28.

Tower Real Estate Investment Trust's long-term debt to total assets ratio declined from Dec. 2023 (0.32) to Dec. 2024 (0.28). It may suggest that Tower Real Estate Investment Trust is progressively becoming less dependent on debt to grow their business.

Tower Real Estate Investment Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tower Real Estate Investment 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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Tower Real Estate Investment Trust LT-Debt-to-Total-Asset Chart

Tower Real Estate Investment Trust Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.31

0.32

0.28

Tower Real Estate Investment Trust Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.32	0.32	0.28	0.28	0.28

Tower Real Estate Investment Trust LT-Debt-to-Total-Asset Calculation

Tower Real Estate Investment Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	232.312	/	837.618
	=	0.28

Tower Real Estate Investment Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	232.421	/	840.883
	=	0.28

Tower Real Estate Investment Trust (XKLS:5111) 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.

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Tower Real Estate Investment Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tower Real Estate Investment Trust (XKLS:5111) » Definitions » LT-Debt-to-Total-Asset

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Address

No. 6, Jalan Damanlela, Level 13, Menara Guoco, Bukit Damansara, Damansara City, Kuala Lumpur, SGR, MYS, 50490

Website

https://www.tower-reit.com

Tower Real Estate Investment Trust is a real estate investment trust that invests in office buildings and commercial properties in Malaysia. Its objective is to provide with stable distribution per unit and sustain the growth of distribution in long-term; and achieve medium to long-term growth in net asset value per unit. The company's portfolio includes Guoco Tower, Menara HLX and Plaza Zurich.

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