Glenveagh Properties (DUB:GVR) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2023)

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What is Glenveagh Properties 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. Glenveagh Properties's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.12.

Glenveagh Properties's long-term debt to total assets ratio increased from Dec. 2022 (0.09) to Dec. 2023 (0.12). It may suggest that Glenveagh Properties is progressively becoming more dependent on debt to grow their business.

Glenveagh Properties LT-Debt-to-Total-Asset Historical Data

The historical data trend for Glenveagh Properties'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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Glenveagh Properties LT-Debt-to-Total-Asset Chart

Glenveagh Properties Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.08

0.09

0.12

Glenveagh Properties Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.08	0.20	0.09	0.25	0.12

Glenveagh Properties LT-Debt-to-Total-Asset Calculation

Glenveagh Properties'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 )
	=	116.313	/	935.342
	=	0.12

Glenveagh Properties'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 )
	=	116.313	/	935.342
	=	0.12

Glenveagh Properties (DUB:GVR) 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.

Glenveagh Properties LT-Debt-to-Total-Asset Related Terms

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Glenveagh Properties (DUB:GVR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Glenveagh Properties PLC (DUB:GVR) » Definitions » LT-Debt-to-Total-Asset

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GLVl:UK GLV:UK GVR:Germany

Address

Block B, Straffan Road, Maynooth Business Campus, Maynooth, Kildare, IRL, W23 W5X7

Website

https://www.glenveagh.ie/corporate

Glenveagh Properties PLC is engaged in homebuilding in Ireland. The company is organised into three key reportable segments, 1) The Suburban segment is engaged in housing (with some low rise apartments) with demand coming from private buyers and institutions. 2) Urban segment is engaged in developing apartments to deliver to institutional investors. The apartments are located primarily in Dublin and Cork, but also on sites adjacent to significant rail transportation hubs. 3) Partnerships segment involves the Government, local authorities, or state agencies contributing their land on a reduced cost, or phased basis into a development agreement with Glenveagh. Approximately 50% of the product is delivered back to the government or local authority via social and affordable homes.

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