Alrov Properties & Lodgings (XTAE:ALRPR) LT-Debt-to-Total-Asset : 0.37 (As of Mar. 2024)

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What is Alrov Properties & Lodgings 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. Alrov Properties & Lodgings's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.37.

Alrov Properties & Lodgings's long-term debt to total assets ratio declined from Mar. 2023 (0.41) to Mar. 2024 (0.37). It may suggest that Alrov Properties & Lodgings is progressively becoming less dependent on debt to grow their business.

Alrov Properties & Lodgings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alrov Properties & Lodgings'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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Alrov Properties & Lodgings LT-Debt-to-Total-Asset Chart

Alrov Properties & Lodgings Annual Data

Trend

Dec08

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.45

0.43

0.45

0.38

Alrov Properties & Lodgings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.41	0.43	0.43	0.38	0.37

Alrov Properties & Lodgings LT-Debt-to-Total-Asset Calculation

Alrov Properties & Lodgings'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 )
	=	6699.441	/	17636.319
	=	0.38

Alrov Properties & Lodgings'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 )
	=	6307.225	/	17296.991
	=	0.36

Alrov Properties & Lodgings (XTAE:ALRPR) 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.

Alrov Properties & Lodgings LT-Debt-to-Total-Asset Related Terms

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Alrov Properties & Lodgings (XTAE:ALRPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Alrov Properties & Lodgings Ltd (XTAE:ALRPR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

46 Rothschild Boulevard, The Alrov Tower, Tel Aviv, ISR, 66883

Website

https://www.alrov.co.il

Alrov Properties & Lodgings Ltd is an Israel-based real estate company. It is involved in investing in, developing and operating luxury projects. The company operating segments include Investment Property, lodging overseas, Lodging in Israel, Securities and others. It generates maximum revenue from the Investment Property segment. The company initiates projects related to hotels, office buildings, commercial and residential properties.

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