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Altarea SCA (LTS:0IRK) Debt-to-Asset : 0.29 (As of Jun. 2023)


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What is Altarea SCA Debt-to-Asset?

Altarea SCA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €419 Mil. Altarea SCA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €2,170 Mil. Altarea SCA's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2023 was €8,844 Mil. Altarea SCA's debt to asset for the quarter that ended in Jun. 2023 was 0.29.


Altarea SCA Debt-to-Asset Historical Data

The historical data trend for Altarea SCA'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.

Altarea SCA Debt-to-Asset Chart

Altarea SCA 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 0.39 0.44 0.38 0.31 0.32

Altarea SCA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.38 0.34 0.31 0.29 0.32

Competitive Comparison of Altarea SCA's Debt-to-Asset

For the REIT - Residential subindustry, Altarea SCA'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.


Altarea SCA's Debt-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Altarea SCA's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Altarea SCA's Debt-to-Asset falls into.



Altarea SCA Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Altarea SCA's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(544.8 + 2258.4) / 9087.7
=0.31

Altarea SCA's Debt-to-Asset for the quarter that ended in Jun. 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
=(418.7 + 2170.3) / 8843.7
=0.29

* 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.


Altarea SCA  (LTS:0IRK) 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.


Altarea SCA Debt-to-Asset Related Terms

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Altarea SCA (LTS:0IRK) Business Description

Traded in Other Exchanges
Address
8 avenue Delcasse, Paris, FRA, 75008
Altarea SCA is a real estate investment trust primarily engaged in the acquisition, development, and management of properties throughout Western and Southern Europe. The company's real estate portfolio is composed of residential, retail, office, and mixed-use spaces. Altarea derives the majority of its revenue from rental income related to the leasing of its real estate assets. The company's entry-level and midrange residential apartment properties generate most of this income. In terms of geography, the vast majority of Altarea's revenue comes from its holdings in France's major urban areas, such as the Greater Paris region.

Altarea SCA (LTS:0IRK) Headlines

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