JR Global REIT (XKRX:348950) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

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What is JR Global 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. JR Global REIT's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

JR Global REIT's long-term debt to total assets ratio declined from Mar. 2023 (0.48) to Mar. 2024 (0.00). It may suggest that JR Global REIT is progressively becoming less dependent on debt to grow their business.

JR Global REIT LT-Debt-to-Total-Asset Historical Data

The historical data trend for JR Global 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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JR Global REIT LT-Debt-to-Total-Asset Chart

JR Global REIT Annual Data

Trend

Jan20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

0.53

0.52

0.50

JR Global REIT Semi-Annual Data
	Apr20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.51	0.51	0.48	0.52	-

JR Global REIT LT-Debt-to-Total-Asset Calculation

JR Global REIT's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	1029865.317	/	2056840.837
	=	0.50

JR Global 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 )
	=	0	/	2131537.712
	=	0.00

JR Global REIT (XKRX:348950) 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.

JR Global REIT LT-Debt-to-Total-Asset Related Terms

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JR Global REIT (XKRX:348950) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » JR Global REIT (XKRX:348950) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Eulji-ro 100, Jung-gu, Eulji-ro 2-ga, Pine Avenue B-dong, 21st Floor, Seoul, KOR, 05729

Website

https://www.jramc.com

JR Global REIT operates as a real estate investment trust. The company's portfolio consists of retail, hotel, hospital, residence, and office among others.

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