Shemen Yielding Real Estate (XTAE:SMNR) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

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What is Shemen Yielding Real Estate 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. Shemen Yielding Real Estate's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Shemen Yielding Real Estate's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Dec. 2023 (0.01). It may suggest that Shemen Yielding Real Estate is progressively becoming more dependent on debt to grow their business.

Shemen Yielding Real Estate LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shemen Yielding Real Estate'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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Shemen Yielding Real Estate LT-Debt-to-Total-Asset Chart

Shemen Yielding Real Estate Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.16

0.21

0.01

Shemen Yielding Real Estate 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															-	-	-	-	0.01

Shemen Yielding Real Estate LT-Debt-to-Total-Asset Calculation

Shemen Yielding Real Estate'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 )
	=	10.933	/	799.263
	=	0.01

Shemen Yielding Real Estate'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 )
	=	10.933	/	799.263
	=	0.01

Shemen Yielding Real Estate (XTAE:SMNR) 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.

Shemen Yielding Real Estate LT-Debt-to-Total-Asset Related Terms

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Shemen Yielding Real Estate (XTAE:SMNR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shemen Yielding Real Estate Ltd (XTAE:SMNR) » Definitions » LT-Debt-to-Total-Asset

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N/A

Address

Rehov A. Tovim 2, POB 136, Haifa, ISR, 31000

Website

http://www.shemen.co.il

Shemen Yielding Real Estate Ltd is engaged in Real estate Construction and Property Management Company. It owns in Property Shemen Beach in Haifa, which the company intends to develop. The company's activity is in the field of yielding real estate.

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