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CBL & Associates Properties (CBL & Associates Properties) LT-Debt-to-Total-Asset : 0.82 (As of Dec. 2023)


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What is CBL & Associates 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. CBL & Associates Properties's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.82.

CBL & Associates Properties's long-term debt to total assets ratio increased from Dec. 2022 (0.79) to Dec. 2023 (0.82). It may suggest that CBL & Associates Properties is progressively becoming more dependent on debt to grow their business.


CBL & Associates Properties LT-Debt-to-Total-Asset Historical Data

The historical data trend for CBL & Associates 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.

CBL & Associates Properties LT-Debt-to-Total-Asset Chart

CBL & Associates Properties Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
- 0.69 0.80 0.79 0.82

CBL & Associates Properties Quarterly Data
Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.79 0.81 0.82 0.82 0.82

CBL & Associates Properties LT-Debt-to-Total-Asset Calculation

CBL & Associates Properties'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 )
=1969.211/2405.905
=0.82

CBL & Associates Properties'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 )
=1969.211/2405.905
=0.82

* 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.


CBL & Associates Properties  (NYSE:CBL) 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.


CBL & Associates Properties LT-Debt-to-Total-Asset Related Terms

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CBL & Associates Properties (CBL & Associates Properties) Business Description

Traded in Other Exchanges
Address
2030 Hamilton Place Boulevard, Suite 500, Chattanooga, TN, USA, 37421
CBL & Associates Properties Inc is a U.S.-based real estate investment trust. The company engages in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, outlet centers, lifestyle centers, open-air centers and other properties. . CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.
Executives
Andrew Franklin Cobb officer: Exec VP-Accounting 1563 QUIET POND DR, CHATTANOOGA TN 37415
Benjamin W Jaenicke officer: Exec VP - Finance 2030 HAMILTON PLC BLVD, CBL CENTER, SUITE 500, CHATTANOOGA TN 37421
Michael A Torres director MANUFACTURED HOME COMMUNTIES INC, 2 N RIVERSIDE PLZ #8, CHICAGO IL 60606
Joseph Khalili officer: EVP Financial Planning & Anlys 2030 HAMILTON PLC BLVD, CBL CENTER, SUITE 500, CHATTANOOGA TN 37421
Jennifer Cope officer: EVP Ops Services & Risk Mgmt 2030 HAMILTON PLC BLVD, CBL CENTER, SUITE 500, CHATTANOOGA TN 37421
David J Contis director 2 NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Jeffery V. Curry officer: Interim Chief Legal Officer 4019 BREAKWATER DR, HIXON TN 37343
Charles B Lebovitz director, 10 percent owner, officer: Chairman and CEO CBL & ASSOCIATES PROPERTIES INC, ONE PARK PLACE 6148 LEE HWY, CHATTANOOGA TN 37421
Strategic Value Partners, Llc 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Strategic Value Special Situations Offshore Fund V, L.p. 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Jonathan M Heller director, other: Member of 10% owner group CANYON PARTNERS, LLC, 1370 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10019
Jeffrey Kivitz director 39 BOLAND ROAD, SHARON CT 06069
Marjorie L. Bowen director 225 6TH STREET, MANHATTAN BEACH CA 90266
Strategic Value Special Situations Master Fund Iv, L.p. 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Svp Special Situations Iv Llc 10 percent owner C/O STRATEGIC VALUE PARTNERS, LLC, 100 WEST PUTNAM AVENUE, GREENWICH CT 06830