Nippon Prologis REIT (FRA:9NPA) LT-Debt-to-Total-Asset : 0.34 (As of Nov. 2023)

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What is Nippon Prologis REIT 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. Nippon Prologis REIT's long-term debt to total assests ratio for the quarter that ended in Nov. 2023 was 0.34.

Nippon Prologis REIT's long-term debt to total assets ratio increased from May. 2022 (0.34) to Nov. 2023 (0.34). It may suggest that Nippon Prologis REIT is progressively becoming more dependent on debt to grow their business.

Nippon Prologis REIT LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nippon Prologis REIT'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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Nippon Prologis REIT LT-Debt-to-Total-Asset Chart

Nippon Prologis REIT Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov23

LT-Debt-to-Total-Asset

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0.35

0.38

0.34

Nippon Prologis REIT Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	May23	Nov23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.34	0.34	0.34	0.35	0.34

Nippon Prologis REIT LT-Debt-to-Total-Asset Calculation

Nippon Prologis REIT's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

LT Debt to Total Assets (A: Nov. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2023 )	/	Total Assets (A: Nov. 2023 )
	=	1863.075	/	5439.951
	=	0.34

Nippon Prologis REIT's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

LT Debt to Total Assets (Q: Nov. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2023 )	/	Total Assets (Q: Nov. 2023 )
	=	1863.075	/	5439.951
	=	0.34

Nippon Prologis REIT (FRA:9NPA) 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.

Nippon Prologis REIT LT-Debt-to-Total-Asset Related Terms

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Nippon Prologis REIT (FRA:9NPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nippon Prologis REIT Inc (FRA:9NPA) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

3283:Japan

Address

Tokyo Building 21F, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6421

Website

http://www.prologis-reit.co.jp

Nippon Prologis REIT Inc is a Japanese real estate investment trust primarily involved in owning, operating, and developing logistics facilities in Japan's major urban markets. The company's real estate portfolio is comprised mainly of large, multitenant warehouse facilities located near transportation hubs and population clusters. Nippon Prologis also operates a sizable number of build-to-suit facilities with similar physical specifications to its other buildings. The majority of the company's properties are located in the Greater Tokyo area, while a significant percentage are located in the Greater Osaka area as well. Nippon Prologis derives nearly all of its income from rental revenue. Its customers include a variety of logistics, distribution, transportation, and industrial companies.

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