Corem Property Group AB (OSTO:CORE D) LT-Debt-to-Total-Asset : 0.29 (As of Mar. 2024)

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What is Corem Property Group AB 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. Corem Property Group AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.29.

Corem Property Group AB's long-term debt to total assets ratio declined from Mar. 2023 (0.38) to Mar. 2024 (0.29). It may suggest that Corem Property Group AB is progressively becoming less dependent on debt to grow their business.

Corem Property Group AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Corem Property Group AB'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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Corem Property Group AB LT-Debt-to-Total-Asset Chart

Corem Property Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.32

0.31

0.36

0.38

0.32

Corem Property Group AB 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															0.38	0.35	0.36	0.32	0.29

Corem Property Group AB LT-Debt-to-Total-Asset Calculation

Corem Property Group AB'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 )
	=	20880	/	64850
	=	0.32

Corem Property Group AB'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 )
	=	18265	/	63544
	=	0.29

Corem Property Group AB (OSTO:CORE D) 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.

Corem Property Group AB LT-Debt-to-Total-Asset Related Terms

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Corem Property Group AB (OSTO:CORE D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Corem Property Group AB (OSTO:CORE D) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CORE B:Sweden CORE.PREF.PFD:Sweden CORE A:Sweden COREBs:UK

Address

Riddargatan 13 C Vaxel, Box 560 85, Stockholm, SWE, 102 17

Website

http://www.corem.se

Corem Property Group AB is engaged in the acquisition, management, development, and renewal of industrial, storage, logistical and commercial real estates in Sweden and Denmark. Its activities are divided into five geographical regions namely Stockholm, South, West, Smaland, and Malardalen.

Corem Property Group AB (OSTO:CORE D) Headlines

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