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American Residential Properties (American Residential Properties) LT-Debt-to-Total-Asset : 0.57 (As of Sep. 2015)


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What is American Residential Properties 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. American Residential Properties's long-term debt to total assests ratio for the quarter that ended in Sep. 2015 was 0.57.

American Residential Properties's long-term debt to total assets ratio increased from Sep. 2014 (0.51) to Sep. 2015 (0.57). It may suggest that American Residential Properties is progressively becoming more dependent on debt to grow their business.

American Residential Properties LT-Debt-to-Total-Asset Historical Data

The historical data trend for American Residential Properties'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.

American Residential Properties LT-Debt-to-Total-Asset Chart

American Residential Properties Annual Data
Trend Dec12 Dec13 Dec14
LT-Debt-to-Total-Asset
- 0.30 0.55

American Residential Properties Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.51 0.55 0.57 0.57 0.57

American Residential Properties LT-Debt-to-Total-Asset Calculation

American Residential Properties's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

LT Debt to Total Assets (A: Dec. 2014 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2014 )/Total Assets (A: Dec. 2014 )
=753.863/1360.773
=0.55

American Residential Properties's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2015 is calculated as

LT Debt to Total Assets (Q: Sep. 2015 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2015 )/Total Assets (Q: Sep. 2015 )
=780.329/1359.112
=0.57

* 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.

American Residential Properties  (NYSE:ARPI) 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.

American Residential Properties LT-Debt-to-Total-Asset Related Terms

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American Residential Properties (American Residential Properties) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » American Residential Properties Inc (NYSE:ARPI) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
XBRU:CPINV ASX:INA TSX:RUF.U RESI UMH TSE:3459 TSX:MRG.UN TSE:8979 APTS XBRU:HOMI TSX:MI.UN IRET ASX:URF CHMI CMO BRG BRT TSX:HOM.U NXRT EARN
Traded in Other Exchanges
N/A
Address
Website
http://www.americanresidentialproperties.com
American Residential Properties Inc was incorporated in Maryland in March 2012. The Company acquires, restores, leases and manages single-family homes as rental properties. As of December 31, 2012, it owned 1,775 properties in Arizona, California, Florida, Georgia, Illinois, Nevada and Texas with an aggregate investment of $220.6 million, and managed an additional 606 properties for Phoenix Fund in Arizona and Nevada.
Executives
Keith R Guericke director C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Todd Mansfield director 3102 WEST END AVENUE,, SUITE 400, NASHVILLE TN 37203
Douglas N Benham director
David M. Brain director 909 WALNUT, SUITE 200, KANSAS CITY MO 64106
Laurie A. Hawkes director, officer: President and COO 7047 EAST GREENWAY PARKWAY, SUITE 350, SCOTTSDALE AZ 85254

American Residential Properties (American Residential Properties) Headlines

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