Olimpo Real Estate Portugal SIGI (XLIS:MLORE) LT-Debt-to-Total-Asset : 0.44 (As of Dec. 2023)

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What is Olimpo Real Estate Portugal SIGI 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. Olimpo Real Estate Portugal SIGI's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.44.

Olimpo Real Estate Portugal SIGI's long-term debt to total assets ratio increased from Dec. 2022 (0.42) to Dec. 2023 (0.44). It may suggest that Olimpo Real Estate Portugal SIGI is progressively becoming more dependent on debt to grow their business.

Olimpo Real Estate Portugal SIGI LT-Debt-to-Total-Asset Historical Data

The historical data trend for Olimpo Real Estate Portugal SIGI'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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Olimpo Real Estate Portugal SIGI LT-Debt-to-Total-Asset Chart

Olimpo Real Estate Portugal SIGI Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.25

0.33

0.42

0.44

Olimpo Real Estate Portugal SIGI Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.33	0.34	0.42	0.43	0.44

Olimpo Real Estate Portugal SIGI LT-Debt-to-Total-Asset Calculation

Olimpo Real Estate Portugal SIGI'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 )
	=	38.105	/	86.924
	=	0.44

Olimpo Real Estate Portugal SIGI'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 )
	=	38.105	/	86.924
	=	0.44

Olimpo Real Estate Portugal SIGI (XLIS:MLORE) 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.

Olimpo Real Estate Portugal SIGI LT-Debt-to-Total-Asset Related Terms

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Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Olimpo Real Estate Portugal SIGI SA (XLIS:MLORE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lugar do Espido, Via Norte, Miaia, PRT, 4471-909

Website

https://www.ores-portugal.com

Olimpo Real Estate Portugal SIGI SA is a real estate investment and asset management company. The company's objectives are to acquire offices and commercial real estate assets with long-term growth potential in the Portuguese and Spanish markets.

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