Tander Inversiones Socimi (XMAD:YTAN) LT-Debt-to-Total-Asset : 0.61 (As of Dec. 2023)

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What is Tander Inversiones Socimi 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. Tander Inversiones Socimi's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.61.

Tander Inversiones Socimi's long-term debt to total assets ratio increased from Dec. 2022 (0.60) to Dec. 2023 (0.61). It may suggest that Tander Inversiones Socimi is progressively becoming more dependent on debt to grow their business.

Tander Inversiones Socimi LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tander Inversiones Socimi'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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Tander Inversiones Socimi LT-Debt-to-Total-Asset Chart

Tander Inversiones Socimi Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.69

0.56

0.61

0.60

0.61

Tander Inversiones Socimi Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.61	0.61	0.60	0.60	0.61

Tander Inversiones Socimi LT-Debt-to-Total-Asset Calculation

Tander Inversiones Socimi'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 )
	=	108.546	/	178.471
	=	0.61

Tander Inversiones Socimi'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 )
	=	108.546	/	178.471
	=	0.61

Tander Inversiones Socimi (XMAD:YTAN) 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.

Tander Inversiones Socimi LT-Debt-to-Total-Asset Related Terms

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Tander Inversiones Socimi (XMAD:YTAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tander Inversiones Socimi SA (XMAD:YTAN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Diagonal 467, 4 2b, Barcelona, ESP, 08036

Website

https://www.tanderinversiones.com

Tander Inversiones Socimi SA focuses on the acquisition of high street retail commercial use properties.

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