IGIS Residence REIT (XKRX:350520) LT-Debt-to-Total-Asset : 0.06 (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is IGIS Residence 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. IGIS Residence REIT's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.06.

IGIS Residence REIT's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.06). It may suggest that IGIS Residence REIT is progressively becoming more dependent on debt to grow their business.

IGIS Residence REIT LT-Debt-to-Total-Asset Historical Data

The historical data trend for IGIS Residence 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.

* Premium members only.

IGIS Residence REIT LT-Debt-to-Total-Asset Chart

IGIS Residence REIT Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

0.13

0.07

IGIS Residence REIT Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					-	-	-	0.07	0.06

IGIS Residence REIT LT-Debt-to-Total-Asset Calculation

IGIS Residence REIT'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 )
	=	26944.717	/	394405.28
	=	0.07

IGIS Residence REIT's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	21975.448	/	402540.844
	=	0.05

IGIS Residence REIT (XKRX:350520) 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.

IGIS Residence REIT LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of IGIS Residence REIT's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

IGIS Residence REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » IGIS Residence REIT (XKRX:350520) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

115, Yeouigongwon-ro, Yeongdeungpo-gu, 14th Floor, Sewoo Building, Seoul, KOR, 07241

Website

https://www.igisam.com

IGIS Residence REIT is a real estate investment trust company. The company focuses its investments on residential assets.

IGIS Residence REIT Headlines

No Headlines