Region Group (ASX:RGN) LT-Debt-to-Total-Asset : 0.28 (As of Dec. 2023)

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What is Region Group 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. Region Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.28.

Region Group's long-term debt to total assets ratio declined from Dec. 2022 (0.33) to Dec. 2023 (0.28). It may suggest that Region Group is progressively becoming less dependent on debt to grow their business.

Region Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Region Group'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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Region Group LT-Debt-to-Total-Asset Chart

Region Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.34

0.24

0.32

0.29

0.28

Region Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.33	0.29	0.33	0.28	0.28

Region Group LT-Debt-to-Total-Asset Calculation

Region Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	1298.4	/	4622
	=	0.28

Region Group'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 )
	=	1271.3	/	4506.7
	=	0.28

Region Group (ASX:RGN) 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.

Region Group LT-Debt-to-Total-Asset Related Terms

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Region Group (ASX:RGN) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

SCPAF:USA

Address

50 Pitt Street, Level 6, Sydney, NSW, AUS, 2000

Website

https://www.regiongroup.au

Region Group owns a portfolio of smaller shopping centres. About half of rental income comes from anchor tenants, typically Woolworths or Coles businesses, or in some cases discount department stores. The assets are mostly in regional or suburban areas of Australia, and the group divested its New Zealand assets in 2016. The portfolio assets are neighbourhood (about 75% by value) and subregional shopping centres (25%). It also has a small amount of income from funds management.

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