Ally Freehold And Leasehold REIT (BKK:ALLY) LT-Debt-to-Total-Asset : 0.33 (As of Mar. 2024)

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What is Ally Freehold And Leasehold REIT 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. Ally Freehold And Leasehold REIT's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.33.

Ally Freehold And Leasehold REIT's long-term debt to total assets ratio increased from Mar. 2023 (0.33) to Mar. 2024 (0.33). It may suggest that Ally Freehold And Leasehold REIT is progressively becoming more dependent on debt to grow their business.

Ally Freehold And Leasehold REIT LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ally Freehold And Leasehold REIT'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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Ally Freehold And Leasehold REIT LT-Debt-to-Total-Asset Chart

Ally Freehold And Leasehold REIT Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.23

0.27

0.31

0.33

Ally Freehold And Leasehold REIT Quarterly Data
	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.33	0.33	0.33	0.33	0.33

Ally Freehold And Leasehold REIT LT-Debt-to-Total-Asset Calculation

Ally Freehold And Leasehold REIT'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 )
	=	4464.183	/	13614.1
	=	0.33

Ally Freehold And Leasehold REIT's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	4433.292	/	13438.198
	=	0.33

Ally Freehold And Leasehold REIT (BKK:ALLY) 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.

Ally Freehold And Leasehold REIT LT-Debt-to-Total-Asset Related Terms

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Ally Freehold And Leasehold REIT (BKK:ALLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ally Freehold And Leasehold REIT (BKK:ALLY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

888 Praditmanutham Road, Crystal Design Center, E Building, Klongjan, Bangkapi, Bangkok, THA, 10240

Website

https://www.allyreit.com

Ally Leasehold REIT main operations are derived from rental and service income from investing in properties and leasehold rights, seeking the benefits from properties, and properties for rent. The company invests in other commercial areas such as exhibition & convention centers, offices, parking lots, hotels, and serviced apartments. Geographically, it operates only in Thailand.