GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mapletree Industrial Trust (SGX:ME8U) » Definitions » LT-Debt-to-Total-Asset

Mapletree Industrial Trust (SGX:ME8U) LT-Debt-to-Total-Asset : 0.35 (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Mapletree Industrial Trust 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. Mapletree Industrial Trust's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.35.

Mapletree Industrial Trust's long-term debt to total assets ratio increased from Dec. 2022 (0.29) to Dec. 2023 (0.35). It may suggest that Mapletree Industrial Trust is progressively becoming more dependent on debt to grow their business.


Mapletree Industrial Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mapletree Industrial Trust'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.

Mapletree Industrial Trust LT-Debt-to-Total-Asset Chart

Mapletree Industrial Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.28 0.30 0.30 0.32

Mapletree Industrial Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.32 0.31 0.34 0.35

Mapletree Industrial Trust LT-Debt-to-Total-Asset Calculation

Mapletree Industrial Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )/Total Assets (A: Mar. 2023 )
=2704.96/8546.802
=0.32

Mapletree Industrial Trust'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 )
=3119.03/9044.89
=0.34

* 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.


Mapletree Industrial Trust  (SGX:ME8U) 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.


Mapletree Industrial Trust LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Mapletree Industrial Trust's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Mapletree Industrial Trust (SGX:ME8U) Business Description

Traded in Other Exchanges
Address
10 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Industrial Trust is a real estate investment trust focusing on industrial properties and data centers. Its property portfolio consists of 85 properties in Singapore and 56 properties in North America (including 13 data centers held through a joint venture with its sponsor, Mapletree Investments Private Limited). Types of property owned includes data centers, high-tech buildings, business parks and general industrial. The trust is externally managed by Mapletree Industrial Trust Management Limited, a subsidiary of its sponsor, which owns around 31% stake in the trust.

Mapletree Industrial Trust (SGX:ME8U) Headlines

No Headlines