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Chicago Atlantic Real Estate Finance (Chicago Atlantic Real Estate Finance) LT-Debt-to-Total-Asset : 0.21 (As of Mar. 2024)


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What is Chicago Atlantic Real Estate Finance 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. Chicago Atlantic Real Estate Finance's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.21.

Chicago Atlantic Real Estate Finance's long-term debt to total assets ratio increased from Mar. 2023 (0.12) to Mar. 2024 (0.21). It may suggest that Chicago Atlantic Real Estate Finance is progressively becoming more dependent on debt to grow their business.


Chicago Atlantic Real Estate Finance LT-Debt-to-Total-Asset Historical Data

The historical data trend for Chicago Atlantic Real Estate Finance'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.

Chicago Atlantic Real Estate Finance LT-Debt-to-Total-Asset Chart

Chicago Atlantic Real Estate Finance Annual Data
Trend Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
- 0.17 0.18

Chicago Atlantic Real Estate Finance Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.13 0.18 0.18 0.21

Chicago Atlantic Real Estate Finance LT-Debt-to-Total-Asset Calculation

Chicago Atlantic Real Estate Finance'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 )
=66/359.226
=0.18

Chicago Atlantic Real Estate Finance'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 )
=81.25/383.655
=0.21

* 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.


Chicago Atlantic Real Estate Finance  (NAS:REFI) 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.


Chicago Atlantic Real Estate Finance LT-Debt-to-Total-Asset Related Terms

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Chicago Atlantic Real Estate Finance (Chicago Atlantic Real Estate Finance) Business Description

Traded in Other Exchanges
N/A
Address
1680 Michigan Avenue, Suite 700, Miami Beach, FL, USA, 33139
Chicago Atlantic Real Estate Finance Inc is engaged in a commercial real estate finance company. Its primary investment objective is to provide attractive risk-adjusted returns for stockholders over time, through consistent current income dividends and other distributions and secondarily through capital appreciation.
Executives
John Mazarakis director, officer: Exec. Chair of the Board C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Andreas Bodmeier director, officer: Co-President and CIO C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Peter Sack director, officer: Co-President C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Anthony Cappell director, officer: Chief Executive Officer C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Phillip Silverman officer: Interim CFO C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
David Kite officer: Chief Operating Officer C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Jason D Papastavrou director C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Frederick C Herbst director
Lindsay Menze officer: Chief Financial Officer C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Michael L. Steiner director C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Brandon Konigsberg director C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Chicago Atlantic Fund Qp, Llc 10 percent owner 420 NORTH WABASH AVE., SUITE 500, CHICAGO IL 60611
Donald E. Gulbrandsen director C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Chicago Atlantic Cre Holdings, Llc 10 percent owner C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611

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