Creative Mediammunity Trust (XTAE:CMCTP.PFD) LT-Debt-to-Total-Asset

: 0.48 (As of Dec. 2023)

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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. Creative Mediammunity Trust's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.48.

Creative Mediammunity Trust's long-term debt to total assets ratio increased from Dec. 2022 (0.27) to Dec. 2023 (0.48). It may suggest that Creative Mediammunity Trust is progressively becoming more dependent on debt to grow their business.

Creative Mediammunity Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for Creative Mediammunity 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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Creative Mediammunity Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.46

0.47

0.30

0.27

0.48

Creative Mediammunity Trust 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																0.27	0.54	0.53	0.52	0.48

Creative Mediammunity Trust LT-Debt-to-Total-Asset Calculation

Creative Mediammunity Trust'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 )
	=	1629.646	/	3376.226
	=	0.48

Creative Mediammunity Trust'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 )
	=	1629.646	/	3376.226
	=	0.48

Creative Mediammunity Trust (XTAE:CMCTP.PFD) 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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Creative Mediammunity Trust (XTAE:CMCTP.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Creative Media & Community Trust (XTAE:CMCTP.PFD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CMCT:USA CMCT:Israel WY52:Germany

Address

17950 Preston Road, Suite 600, Dallas, TX, USA, 75252

Website

https://www.creativemediacommunity.com

Creative Media & Community Trust is a United states based company that formed to invest in, own, and operate Class A and creative office investments in improving urban communities throughout the United States. It operates through two segments: Office and Hotel, and Lending. The Office segment includes rental of office space and other tenant services, including tenant reimbursements, parking, and storage space rental. The Hotel segment relates to operations of hotel properties whereas, the lending segment refers to income from the yield and other related fee income earned on its loans receivable. The lending segment includes income recognized from the sale of government guaranteed portion of loans receivable, income from the yield on its loans receivable and other related fee income earned.