Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) LT-Debt-to-Total-Asset : 0.23 (As of Mar. 2024)

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What is Frasers Property Thailand Industrial Freehold & 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. Frasers Property Thailand Industrial Freehold & Leasehold REIT's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.23.

Frasers Property Thailand Industrial Freehold & Leasehold REIT's long-term debt to total assets ratio declined from Mar. 2023 (0.26) to Mar. 2024 (0.23). It may suggest that Frasers Property Thailand Industrial Freehold & Leasehold REIT is progressively becoming less dependent on debt to grow their business.

Frasers Property Thailand Industrial Freehold & Leasehold REIT LT-Debt-to-Total-Asset Historical Data

The historical data trend for Frasers Property Thailand Industrial Freehold & 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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Frasers Property Thailand Industrial Freehold & Leasehold REIT LT-Debt-to-Total-Asset Chart

Frasers Property Thailand Industrial Freehold & Leasehold REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

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0.22

0.20

0.24

0.22

0.23

Frasers Property Thailand Industrial Freehold & Leasehold REIT Quarterly Data
	Jun19	Sep19	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															0.26	0.25	0.23	0.23	0.23

Frasers Property Thailand Industrial Freehold & Leasehold REIT LT-Debt-to-Total-Asset Calculation

Frasers Property Thailand Industrial Freehold & Leasehold REIT's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	11508.496	/	50400.312
	=	0.23

Frasers Property Thailand Industrial Freehold & 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 )
	=	11503.01	/	50363.289
	=	0.23

Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) 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.

Frasers Property Thailand Industrial Freehold & Leasehold REIT LT-Debt-to-Total-Asset Related Terms

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Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rama 4 Road, No.944 Mitrtown Office Tower, 22nd-23rd Floor, Wang Mai Sub-district, Pathum Wan District, Bangkok, THA, 10330

Website

https://www.ftreit.co.th

Frasers Property Thailand Industrial Freehold & Leasehold REIT buys land and parks to develop factory building and offer it for rent in Thailand. The company also provides logistic warehouse, custom factories and warehouse and sales and leasebacks. The trust's objectives are to raise funds from general investors and to use the proceeds from such fundraising to acquire, lease and/or sub-lease of immovable properties.

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