GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Alexander & Baldwin Inc (FRA:ABU) » Definitions » LT-Debt-to-Total-Asset

Alexander & Baldwin (FRA:ABU) LT-Debt-to-Total-Asset : 0.28 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Alexander & Baldwin 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. Alexander & Baldwin's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.28.

Alexander & Baldwin's long-term debt to total assets ratio increased from Mar. 2023 (0.28) to Mar. 2024 (0.28). It may suggest that Alexander & Baldwin is progressively becoming more dependent on debt to grow their business.


Alexander & Baldwin LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alexander & Baldwin'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.

* Premium members only.

Alexander & Baldwin LT-Debt-to-Total-Asset Chart

Alexander & Baldwin Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.35 0.29 0.27 0.28

Alexander & Baldwin 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 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 0.28 0.29 0.29 0.28 0.28

Alexander & Baldwin LT-Debt-to-Total-Asset Calculation

Alexander & Baldwin'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 )
=426.497/1509.565
=0.28

Alexander & Baldwin'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 )
=420.968/1505.387
=0.28

* 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.


Alexander & Baldwin  (FRA:ABU) 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.


Alexander & Baldwin LT-Debt-to-Total-Asset Related Terms

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


Alexander & Baldwin (FRA:ABU) Business Description

Traded in Other Exchanges
Address
822 Bishop Street, Post Office Box 3440, Honolulu, HI, USA, 96801
Alexander & Baldwin Inc operates in the real estate sector. It functions through two segments namely Commercial Real Estate and Land Operations The Commercial Real Estate segment owns and manages retail, industrial and office properties in Hawaii, thereby accounting for majority of the company's revenue. The Land Operations segment actively manages the company's land and real estate-related assets and makes optimum utilization of these assets. Geographically, the activities are carried out across the United States.

Alexander & Baldwin (FRA:ABU) Headlines

No Headlines