Azrieli Group (XTAE:AZRG) LT-Debt-to-Total-Asset : 0.37 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Azrieli Group 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. Azrieli Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.37.

Azrieli Group's long-term debt to total assets ratio increased from Dec. 2022 (0.35) to Dec. 2023 (0.37). It may suggest that Azrieli Group is progressively becoming more dependent on debt to grow their business.

Azrieli Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Azrieli Group'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.

Azrieli Group LT-Debt-to-Total-Asset Chart

Azrieli Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.29

0.30

0.32

0.35

0.37

Azrieli Group 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															0.35	0.36	0.35	0.35	0.37

Azrieli Group LT-Debt-to-Total-Asset Calculation

Azrieli Group'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 )
	=	19935	/	54072
	=	0.37

Azrieli Group'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 )
	=	19935	/	54072
	=	0.37

Azrieli Group (XTAE:AZRG) 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.

Azrieli Group LT-Debt-to-Total-Asset Related Terms

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

Azrieli Group (XTAE:AZRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Azrieli Group Ltd (XTAE:AZRG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AZRGF:USA

Address

1 Azrieli Center, Tel Aviv, ISR, 6702101

Website

https://www.azrieli.com

Azrieli Group Ltd manages and operates companies that own properties across Israel, subsidiaries in the energy, water, and environment industries, a card company, and a bank. The company's income-producing properties include shopping malls, office towers, industrial buildings, and residential properties. In addition to owning properties in Israel, the portfolio consists of a minor number of international properties. Under the energy business, holdings include marketing and distribution of refined oil and water desalination, wastewater purification, and sludge treatment facilities.

Azrieli Group (XTAE:AZRG) Headlines

No Headlines