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FRMUF (Firm Capital Property Trust) Debt-to-Asset : 0.52 (As of Jun. 2024)


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What is Firm Capital Property Trust Debt-to-Asset?

Firm Capital Property Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $32.93 Mil. Firm Capital Property Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $210.76 Mil. Firm Capital Property Trust's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was $471.27 Mil. Firm Capital Property Trust's debt to asset for the quarter that ended in Jun. 2024 was 0.52.


Firm Capital Property Trust Debt-to-Asset Historical Data

The historical data trend for Firm Capital Property Trust's Debt-to-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.

Firm Capital Property Trust Debt-to-Asset Chart

Firm Capital Property Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.52 0.46 0.51 0.53

Firm Capital Property Trust Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-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 0.52 0.53 0.53 0.52 0.52

Competitive Comparison of Firm Capital Property Trust's Debt-to-Asset

For the REIT - Retail subindustry, Firm Capital Property Trust's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Firm Capital Property Trust's Debt-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Firm Capital Property Trust's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Firm Capital Property Trust's Debt-to-Asset falls into.



Firm Capital Property Trust Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Firm Capital Property Trust's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(96.114 + 153.807) / 475.088
=0.53

Firm Capital Property Trust's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(32.93 + 210.757) / 471.267
=0.52

* 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.


Firm Capital Property Trust  (OTCPK:FRMUF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Firm Capital Property Trust Debt-to-Asset Related Terms

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


Firm Capital Property Trust Business Description

Traded in Other Exchanges
Address
163 Cartwright Avenue, Toronto, ON, CAN, M6A 1V5
Firm Capital Property Trust is a Canada-based open-ended real estate investment trust. It operates in five reportable segments: Grocery Anchored Retail, Non-Grocery Anchored Retail, Industrial, Multi-Residential, and Core Service Office Provider. A vast majority of its revenues are derived from the grocery-anchored retail segment. Its products and services are Mortgage Banking, Real Estate Investments, Private Equity, and Alternative Credit.