GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » NexLiving Communities Inc (TSXV:NXLV) » Definitions » Debt-to-Asset

NexLiving Communities (TSXV:NXLV) Debt-to-Asset : 0.69 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is NexLiving Communities Debt-to-Asset?

NexLiving Communities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$48.59 Mil. NexLiving Communities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$121.35 Mil. NexLiving Communities's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was C$248.15 Mil. NexLiving Communities's debt to asset for the quarter that ended in Mar. 2024 was 0.68.


NexLiving Communities Debt-to-Asset Historical Data

The historical data trend for NexLiving Communities'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.

NexLiving Communities Debt-to-Asset Chart

NexLiving Communities Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.72 0.72 0.57 0.65

NexLiving Communities Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 0.65 0.67 0.67 0.68 0.69

Competitive Comparison of NexLiving Communities's Debt-to-Asset

For the Real Estate Services subindustry, NexLiving Communities'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.


NexLiving Communities's Debt-to-Asset Distribution in the Real Estate Industry

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

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



NexLiving Communities Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

NexLiving Communities'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
=(34.031 + 99.907) / 205.715
=0.65

NexLiving Communities's Debt-to-Asset for the quarter that ended in Mar. 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
=(48.59 + 121.354) / 248.154
=0.68

* 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.


NexLiving Communities  (TSXV:NXLV) 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.


NexLiving Communities Debt-to-Asset Related Terms

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


NexLiving Communities (TSXV:NXLV) Business Description

Traded in Other Exchanges
Address
45 Alderney Drive, Suite 1805, Dartmouth, NS, CAN, B2Y 2N6
NexLiving Communities Inc is a real estate company engaged in the ownership and management of a multi-unit residential real estate with a focus on low and mid-rise properties in bedroom communities in Eastern Canada. It generates revenue through rental income.
Executives
Stavro Stathonikos Senior Officer

NexLiving Communities (TSXV:NXLV) Headlines

No Headlines